Quick summary: Our recommendation is to use the crypto exchange Swyftx to buy Request Network. They have over 300 cryptocurrencies available, have a fantastic app and great customer support. You also get $20 free BTC once you start trading!

Sign up with Swyftx

Request Network

Australia has a good amount of reliable and regulated crypto exchanges, so it’s quite easy finding an exchange that has Request Network. While each one comes with its own feature-set and fee structure, most crypto exchanges function very similarly when it comes to buying crypto.

Let’s get into it!

How to Buy Request Network in Australia

There are only 4 main steps involved and it’s pretty straightforward:

  1. Choose a crypto exchange
  2. Sign up with the exchange
  3. Fund your account with AUD
  4. Buy Request Network

1. Choose a crypto exchange

As mentioned above, we have plenty of options when it comes to Australian crypto exchanges. While that’s great, you ideally want to do a bit of research so you can use one that has a decent fee structure and more importantly, has Request Network in its list of cryptocurrencies.

Personally, we really like Swyftx, they have over 300 cryptocurrencies, a very smooth process for buying crypto, and their support team has been fantastic.

And if you sign up through our site, you’ll get 20$ worth of free BTC once you start trading, which is always nice.

So for this guide on buying Request Network, we’ll be using Swyftx as the exchange to go through. Any exchange would work of course, as long as they offer Request Network.

If you’d like to know more about which exchanges we prefer, read our comparison of the top rated crypto exchanges.

2. Sign up with the crypto exchange

Once you’ve decided on which exchange to use, it’s time to sign up.

Sign up with Swyftx and grab $20 free BTC.

Swyftx has a very streamlined sign-up process in place. The first step is to fill in the sign-up form.

Next up is to go through their basic verification process, called a KYC, which is required by law here in Australia. This should be very quick and easy.

Once done, it’s time for the next step.

3. Funding your account with AUD

To buy Request Network, you first need to transfer AUD to your Swyftx account using one of the many deposit methods available. From bank transfer to PayID, POLi pay and credit cards, plenty of options to choose from.

Swyftx Deposit Methods

4. Buy Request Network

The final step is to go to their asset list, find Request Network, navigate to the buy section, and then trade your AUD for some REQ. Once you’ve bought Request Network, you can track how much you’ve gained or lost either in the app (they have a great app), or on desktop on the left-hand side under your cryptocurrency list.

Where to Buy Request Network (REQ)

Swyftx logo5/5300+ cryptocurrenciesVisit Swyftx
CoinSpot logo4/5200+ cryptocurrenciesVisit Coinspot
binance logo3/5400+ cryptocurrenciesVisit Binance

Disclaimer: Trading, investing, and dealing with digital and cryptocurrencies might involve a lot of risks. Their prices are volatile and performance is unpredictable. Their past performance is no guarantee of future performance.

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How to Sell Request Network

If you’re thinking about selling Request Network, just follow the steps below.

  1. Sign in to the cryptocurrency trading platform (like Swyftx).
  2. Click on Request Network in your list of cryptocurrencies, or find your trading account if you’re using an exchange with different accounts.
  3. FInd the sell section and sell Request Network for AUD, or trade it for another cryptocurrency.

Frequently Asked Questions

Is buying Request Network in Australia legal?

Yes, you can legally buy and trade cryptocurrencies in Australia. We do of course recommend only using crypto exchanges regulated by AUSTRAC.

How to buy Request Network with PayPal?

Unfortunately, most crypto exchanges in Australia don’t support PayPal. The only exchange that you could use is eToro, but their cryptocurrency list is quite limited so you might not find Request Network. Have a look on their site first, you might be lucky.

How to buy Request Network with a credit card or debit card?

Most top exchanges support buying crypto with a credit or debit card. We would recommend Swyftx to buy Request Network with your credit/debit card.

About Request Network

REQ can be purchased on Coinbase, Binance, and crypto.com. Through several mechanisms, the REQ token powers the Request Network open-source protocol. These include: * Anti-spam/ governance aEURC/ stake aEURC/ discounts independence aEURC/.

The Request utility token (REQ) was launched in 2017. It ensures stability and performance for the Request Network. The Request Network, an Ethereum-based, decentralized payments system that allows anyone to receive payment via secure means, is a decentralized payment system. It eliminates the need to use third parties to provide a cost-effective, secure payment option that can work with all currencies.

An user can make a payment request. The user can specify the address where the payment should be sent as well as the amount. The terms and conditions of the payment can be set by the user. This allows users to convert a request into an invoicing document. Once this step is completed, the user can submit their request for payment.

Every step is documented and stored on a Request Network. This makes it easy for everyone to keep track invoices and payments, and also allows them to be used for accounting purposes.

Requests are integrated into the legislation to ensure compliance with all trade laws in each country.

You can send an invoice through the blockchain to make payments on request. The counterparty will then be able to identify the request and make payment in one click, peer–to-peer. One of the greatest advantages of Request is that payments are not pulled but push-generated. Users don't need to share account information. The use of third-party processors can be eliminated with blockchain technology, which can reduce transaction costs.

Apps that create the stuff people want with Request Network open-source protocol are another benefit to their users. You can connect with many financial tools that are compatible. Apps can communicate with one another, which is a far cry from the capitalistic and siloed web2 industry. An app can create invoices for companies. A second app receives the payment request and allows it to be processed. After the payment request is received, the invoice can then be drawn instantly via a third DeFi App.

To provide enhanced privacy, security and data ownership, the Request Network uses decentralized blockchains such as IPFS and Ethereum. Transaction fees are the cost of broadcasting a change on the Blockchain Network. Transaction fees are an incentive for miners to agree upon the state of the network.

REQ can be stored in wallets such as Metamask or MyEtherWallet.