With new currencies coming up each day on the Ethereum Network, today with us we have Jasmy, which is nothing but an organization that is known to develop the “Internet of Things” or as commonly referred to as IoT, founded by Kunitake Ando. Also, before moving on further, it is worth mentioning that, JASMY is the native utility token for the Jasmy platform and an Ethereum token that powers Jasmy.
Instead of coordinating networks of data and devices with the help of centralized servers, Jasmy is one such platform that focuses completely on decentralizing the process with help of storing and computing data on a decentralized storage network, IPFS. Other than this, JASMY that I mentioned earlier, can very well be used for several purposes, one of which is to transfer tokens amongst payments as well as devices for services on the network itself.
Jasmy claims that the platform abides by the concept of data democracy, meaning that its objective is to return all the personal data files in the hands of the rightful individuals, it belongs to. Not just that, the basic foundation of the entire network is trust, it aims at building with its customers as well as companies that often use their platforms. Building a new era of information, Jasmy wants to create an environment where data can securely be exchanged as valuables.
Through all of this, it seems like Jasmy is much likely to position itself in the marketplace as one of the major solutions for the Fourth industrial revolution, as and when it happens! Furthermore, in a report, officials on the platform say that, with this big wave coming along, a lot of new goods and services including sharing economics like automatic driving, dispatch services as well as check out a free convenience store that’s are unmanned are born.
In addition to all of this, as mentioned previously, with the help of Jasmy, there is no need for service providers to hold on to the personal data of users, whereas the respective individuals can very well decide on their own how exactly they want to use it. Also, with the help of this, services providers tend to reduce the overall cost of information security, increase service levels as well as make use of information that is stored by the users outside the company.
As far as JasmyCoin goes, it is known to provide profits in exchange payments and has been able to receive interest from several potential investors from all around the world. The sudden uprise in the platform’s growth and popularity has really attracted a lot of investors. On a similar note, it is probably worth mentioning that, Jasmy is one of the most hottest selling projects, with a value skyrocketing at over 130 percent.
As a result, recently Jasmy has been made available to one of the most popular cryptocurrency exchanges available, Coinbase, where customers will now be able to easily send, trade, receive as well a store JASMY. As far as the JasmyCoin is concerned, it is vital for you to know that the token has the ability to be used by an unspecified number of businesses as well as individuals in order to transfer tokens with the help of virtual devices as proof of value exchange and probably for the purpose of payments of services on the platform itself. However, by not limiting the overall usability of the token, it really can have a wide range of purposes.
Investing in Jasmy
As of today, the price of Jasmy is about 0.088169 US dollars with a twenty-four-hour trading volume of 165,464,790 dollars. Not just that, in just the past twenty-four hours, the value of the JASMY has gone up by 21.55 percent. With the market cap of the platform not available, the platform is currently placed at #2675 position as per the CoinMarketCap rankings.
Also, it is worth mentioning that, the maximum lifetime supply of Jasmy is 50,000,000,000 JASMY coins but unfortunately, the current circulating supply of the currency is not yet available. In just the past week alone, the price of Jasmy has gone uphill by 448.63 percent.
Hart was a professional trader at Goldman Sachs with background knowledge in computer science. He left his trading business to join crypto fully. Hart first discovered Risk Labs in 2017, a protocol for transferring synthetic risk.
He was able to raise $4 million with this open-source protocol from Dragonfly and Bain Capital. With the capital, he developed a unique cryptocurrency. Also, within the same period, Hart united with seven other professionals, including Regina Cai and Allison Lu.
Allison Lu was formally the Goldman Sachs Vice President who started working with Hart in 2018. They designed an economic Oracle-based protocol for verifying data known as UMA ‘Data Verification mechanism’.
Regina Cai is an educated financial engineer and financial analyst at Princeton. She also contributed a significant quota in UMA development.
In December 2018, they released a draft of the UMA project White paper. The developers announced the full UMA project days later, with the launching of USStocks as its first Mainnet product.
The USStocks is an ERC20 special token that tracks the U.S top 500 stocks. These top U.S stocks allow crypto owners to invest in the U.S stock market.
What Is UMA?
Universal Market Acess (UMA) is one of the protocols on Ethereum. It enables users to trade any crypto assets they want with ERC-20 tokens. UMA enables users to use unique collateralized synthetic crypto tokens capable of tracking the prices of everything they want. Hence, UMA enables members to trade assets of any kind using ERC-20 tokens even without accessing the assets.
The protocol operates without the presence of a central authority or a single failure point. This helps anyone to have exposure to assets that would ordinarily be unreachable.
UMA features two parts, namely; A self-enforcing contract used for implementing financial contracts. And an Oracle “ provably honest” to margin and value these contracts. The platform supports financial innovations through blockchains with concepts gotten from traditional financial derivatives (fiat).
Like other cryptocurrency tokens in DeFi, the UMA crypto token serves as a tool for governance in the platform. It serves as the price oracle for the protocol. The significance of the protocol is because it’s boosting DeFi to good heights.
It allows users to deposit their DAI into another protocol, Compound. There, other users can borrow the DAI and pay interest up to 10% annually. People who make the deposits will then receive aDAI tokens for the investments.
Another important aspect is that users could use their aDAI as collateral. They can mint new Synthetic tokens representing an asset such the Gold. Also, users can create Synthetic tokens that will earn 10% interest every year through the aDAI they’ve locked. Buy UMA with Our Top Broker
What Does UMA Protocol Do?
In permissionless Defi systems, using legal recourse as a mechanism to finance contracts seems to be difficult. It is capital intensive, and this makes it accessible to only large crypto players.
However, the UMA protocol eliminates this challenging mechanism leaving only “the margin” as the best option. Developers achieved this by creating a trustless and permissionless mechanism that can use only economic incentives to secure the contract.
On a deposit of sufficient collateral into the UMA platform, a user can create a synthetic token for the asset with a contract term for the token. The contract term is then enforceable with the aid of financial incentives.
Normally, a “price oracle” ascertains when any token issuer lacks enough backup finances for their tokens due to price fluctuation (undercollateralized). UMA protocol instead offers financial incentives to its users for identification and liquidation of token issuers they believe to be undercollateralized.
The UMA technology sees the adoption of oracles as a major Defi challenge. This is basically due to their probability of failure due to an unknown virus outbreak (“black swan” financial conditions). And because hackers can easily manipulate them if there is enough cash to corrupt the oracle on the table.
Instead of addressing this challenge, UMA rather uses its oracle only to resolve liquidation problems. They programmed the occurrence of these disputes to be very rare.
With these analyses, UMA is seemingly an “open-sourced” protocol where two parties complementing each other can create and design their unique financial contracts. Each UMA protocol consists of the following five components:
The counterparts public addresses.
Functions for maintaining Margin balances.
Economic terms to determine the contract value and.
An oracle source for data verification.
The addition, margin balance, withdrawal, re-margin, settle or terminate functions.
How Does UMA Work
UMA contract operation is easy to comprehend and can be summarized using these 3 elements;
Token Facility
The framework that creates “synthetic token” contracts on its blockchain (Token Facility).
Synthetic tokens are tokens with collateral backings. It has the tendency to experience price fluctuations according to its (token) reference index.
Data Verification Mechanism-DVM
UMA uses an Oracle-based DVM mechanism that has an economic guarantee to eliminate corrupt practices in the system. Since normal Oracle-based protocols can still face corruption, UMA adopts the cost variation principle to checkmate this.
Here, the cost of corrupting the system (CoC) is designed to be higher than the profit from corruption (PFC). The cost value for both CoC and PFC is determined through voting by users (decentralized governance).
More so, the design feature of an oracle-based system with economic guarantees needs to measure the CoC (Cost of Corruption). It also measures the PFC (Profit from Corruption), and ensures CoC remains higher than PFC. More details on this area in the DVM whitepaper.
The governance protocol
Through the voting process, holders of UMA tokens decide on the issues regarding the platform. They determine the type of protocol that can access the platform. Also, they consider the major system parameters, upgrades, and the types of assets to support.
Through the DVM mechanism, UMA token holders can also participate in resolving contract disputes. The “smart contract” is not the sole custodian or owner of the asset. Instead, it is just the counterparty holding the derivates agreement.
Holders of UMA tokens can also use the “Token Facility” smart contract to add new assets or even remove contracts. They even shut down some smart contracts when there’s an emergency case.
Another aspect to consider is that UMA token holders can use the UMIPs (UMA Improvement Proposals) to create a standard consensus for their proposals. The rule is simply that 1 vote requires 1 token, and every proposal must get 51% votes from token holders.
After the proposal has gotten the community approval, the UMA team “Riks Labs” will immediately implement the changes. But, the team has the right to reject a proposal that has garnered a 51% vote.
UMA Token
This is the ability of the UMA smart contracts to create synthetic tokens representing user assets in the UMA platform. The process involves meeting and defining these 3 characteristics. The first one is to get the collateralization requirement.
The second one is the price identifier, while the third is the expiration date. With these three elements, it is easy for anyone to develop a ‘smart contract.’
The person or user who develops the ‘smart contract’ making it available for synthetic tokens is a (Token Facility Owner). After the smart contract creation, other users who wish to participate in the contract to give out more tokens will deposit collateral. These groups are the ‘Token Sponsors”.
For instance, if A ‘Token Facility Owner’ develops a ‘smart contract’ for creating (synthetic) gold tokens. A meets the basic requirement of depositing the collateral before creating it.
Then B ‘Token Sponsor’ seeing that the (synthetic) gold tokens may increase value indicates interest in issuing some token. They are to deposit some sort of backup (collateral) to be able to give out more (synthetic) gold tokens themselves.
Hence, UMA token facility mechanism ensures that counterparties get the collateral without passing through an (on-chain) price feed. Buy UMA with Our Top Broker
Token Distribution of UMA Protocol
The Risk Lab Foundation created the UMA token. The tokens were 100mm with 2mm which they sent to the UniSwap market. Out of the remaining tokens, they kept 14.5mm for future sales. But 35mm went to users and developers of the network. The pattern of sharing is not yet final for the UMA community’s criticisms and approval.
Relatively 48.5mm tokens went to the founders of Risk Lab, those who contributed early, and other investors. These tokens came with a transfer restriction until 2021.
UMA network gives good rewards to users holding their tokens. This is for users who actively participate in decision making (governance) and accurately responds to request (token cost). Holders who are dormant when making decisions in the platform get penalties as they are in the reward scheme. All user tokens grants have a 4-year programmed vesting schedule.
What is Data Verification Mechanism (DVM)
UMA is a derivative platform that doesn’t depend on the regular price feed. They see oracle’s current usage in DeFi protocol to be fragile and challenging. Unlike the rest of the Defi protocols, UMA doesn’t require a frequent price feed for effective protocol operation.
Other DeFi protocols like Aave uses oracles to liquidate undercollateralized borrower’s through constant checks of their collateral price value. Instead, UMA equips its token holders to frequently do it by checking the collateral amount in the “smart contract.”
This is a no difficult task. Everything on the platform is visible to the public on Etherscan. Simple calculations take place to ascertain if the users met the requirement for collateral. Otherwise, a call for liquidation will follow to liquidate a percentage from the issuer’s total collateral.
This liquidation call is a claim and the “Toke Facility Owner” can dispute it. At this point, a bond can be staked using UMA tokens to be the Disputer. The ‘DVM’ oracle is then called in to fix the dispute. It does this by confirming the actual price of that collateral.
The system penalizes the liquidator if DVM information proves him wrong and rewards the Disputer(the issuer). But if the liquidator is correct, the disputer loses all their bond while the former is given every collateral associated with that token.
Introducing the UMA Token
The token is part of what the market knows as ERC-20 tokens. It is the governance rights that users get to participate in the protocol development. They can also vote on any asset prices if there’s a dispute concerning the liquidation of collateral.
The first supply of the UMA crypto was 100 million. But there’s no had cap to it, meaning that the supply can be deflationary or even inflationary. Some conditions that can influence both conditions include the current value and the amount of the token that users are using for votes.
Price Analysis
UMA is not so different from other DeFi tokens. After the release of the token, the price rose to $1.5 and remained so after 3 months. Some days after, the protocol released the “yield dollar,” and it led to a price spike to $5.
From there, the price kept rising until it got to $28, although it later went down by $8. But at press time, UMA is lower in price than what it was during the first few months of launching. It is currently trading at $16.77.
Where to Buy UMA Token?
Anyone searching for UMA tokens to buy, check some decentralized exchanges such as Balancer and Uniswap. But check the price of gas fees before using any DEX to buy UMA. It may cost more when the gas fee price is high.
Another place to buy UMA tokens is a centralized exchange such as Coinbase. You can also navigate to Poloniex and OKEx to grab some of the tokens. But check the liquidity on OKEx and Poloniex to see if you may incur more costs buying from the platforms.
What to Do With UMA tokens?
If you’ve managed to grab some UMA tokens, there are lots of benefits for you. The first place to use your acquisition is in the governance of UMA protocol. Also, it enables users to operate UMA DVM.
Holding the tokens qualifies you to earn some rewards. There are two options for you hers. You can vote on a “price request” from the financial contract. Also, support the system upgrades on the protocol, even for parameter changes.
After voting for the financial contract price requests, you can make inflationary rewards. The rewards will be based on how much you used to vote or stake.
UMA Cryptocurrency Wallet
UMA wallet is a mono wallet used to store, send, receive, and generally manage all UMA tokens. It is one of the ERC-20 Defi tokens designed on Ethereum. So, storing it is easy and simple.
UMA’s easy storage feature enables it to be stored almost in all wallets with Ethereum assets support. Examples of such wallets include Metamask, the commonly used web wallet for easy interaction with (DeFi) protocols.
Other UMA crypto wallets are; Exodus (mobile & desktop), Trezor and ledger(hardware), and Atomi Wallet (mobile & desktop.
UMA tokens can be bought from normal exchanges. The major exchanges where UMA are traded currently include; Coinbase Exchange, OKEx, Huobi Global, ZG.com, and Binance exchange. Others are listed on the cryptocurrency exchange page.
UMA Development Timeline
The beginnings of this protocol weren’t so interesting. People did not mind it much until the release of its token, which they could trade. UMA token was representing the largest stocks in the United States.
After launching the protocol in 2019, the project gained more credence. But in 2020, the project became popular when it created the first “Priceless Synthetic” token. UMA called the token ETHBTC, and it was to track the ETH vs. BTC performance. After the synthetic token, the protocol developed its yield token, which they called yUSD.
All these have been the movement of the UMA protocol, as we’ve uncovered in this UMA review. But the first roadmap they targeted last year was to appear on Coinbase. As of press time, Coinbase is supporting UMA. Anyone can buy, trade, sell or hold it on the exchange.
What products support UMA?
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Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.
Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.
Stacking is locking your STX temporarily to support the network’s security and consensus. As a reward, you’ll earn the Bitcoin that miners transfer as part of Proof of Transfer.
Bitcoin (BTC) being the first and most successful of all cryptocurrencies has won the hearts of users through the exclusive features it possesses. The coin has become the king of cryptocurrencies, considering the efficiency in its economical ability. However, there are still some loopholes with the network that many blockchain projects have proposed to tackle. One of the notable limitations faced with the Bitcoin network is the scalability issues it possesses. These major defects have geared concerns among blockchain projects and have raised innovations to curtail these issues. Stacks (STX), a layer 1 blockchain project, tackles the scalability challenges Bitcoin faces.
Stacks is a platform that facilitates the use of smart contracts and decentralized applications on the network. The blockchain platform generates its power from Bitcoin as it depends on it for security and the execution of transactions.
In other words, the Bitcoin network acts as the finality and security layer for the smart contracts contained and executed in the Stack Blockchain. Meanwhile, it is possible through the Proof of Transfer mechanism the platform adopts.
The connection between stacks blockchain and Bitcoin enables execution of transactions on the stack network as well as verification on the Bitcoin blockchain.
Stacks’ Team
The evolution of Stacks began in 2013. It initially aimed to provide a better internet system. The project was created by the founders of Blockstack – Muneeb Ali and Ryan Shea.
Years later, the project began to receive support from capital funds like Combinator, Digital Currency Group, and Winklevoss.
Thereafter, the project enjoyed further development. Some of the members of its team include leading researchers from MIT, Princeton, and Stanford.
Proof-of-Transfer
Unlike other blockchain projects that utilize the proof-of-work and proof-of-stake mechanism to secure their network, Stacks has developed a new consensus algorithm that is perfectly suitable for its operation and to secure the network. The mechanism is deduced from the Proof-of-Burn concept. Known as Proof of Transfer (PoX), it has marked the first consensus mechanism to use two blockchains. This concept ensures that already mined and existing cryptocurrencies of an existing and verified blockchain are not burnt. Instead, they secure the new blockchain.
The Proof of Transfer mechanism eliminates the system of burning cryptocurrencies. It requires that mined cryptocurrencies are transferred to other participants within the ecosystem.
The new Proof of Transfer consensus mechanism helps the network to facilitate its reward protocol. More interestingly, the system allows the network participants to receive rewards as well as transaction payouts in existing and stable cryptocurrencies. It gives these participants the opportunity to participate in the new blockchain at the same time.
This system allows Stacks to eliminate challenges that users experience with new blockchains. Thus, new users feel confident about joining the network.
Moreso, since the network is basically integrated with already existing blockchain (Bitcoin), it uses an already extremely secure blockchain to secure new chains without the need to require new Proof-of-Work chains and cryptocurrencies.
Clarity Programming Language
As said earlier, the Stacks Blockchain provides support for smart contracts, decentralized applications. It also enhances the creation of flexible virtual assets that are easily transferable.
In a bid to provide support for these smart contracts, the network uses the Clarity programming language to secure these activities.
Clarity programming language is a predictable programming language that uses no compiler. Stacks has deployed this programming language to help it bring smart contracts to Bitcoin.
More precisely, the programming language uses predictable source code for executing smart contracts while publishing them on the blockchain nodes.
The system, therefore, utilizes this tool in facilitating the security of the Stack ecosystem via the decidable programming language.
Stacks and Bitcoin
Stacks and Bitcoin are basically two interconnected blockchain networks that work hand in hand. It is quite interesting that both blockchain networks do not depend on each other. They are independent networks connected through the Proof-of-Transfer consensus mechanism.
Via this system, miners can transfer new cryptocurrencies as well as smart contracts on Bitcoin to other participants of the Stack network.
Stacks 2.0
Stacks 2.0 is an upgraded innovation from the Stack team to bring secure apps and smart contracts to Bitcoin.
The Stacks 2.0 mainnet launch allows developers to utilize the Stacks protocol to build a user-owned internet on Bitcoin. The platform allows users to earn Bitcoins.
STX Token
The STX token is the proprietary token of the Stacks Blockchain. Activities performed on the network rely on STX tokens.
STX tokens basically foster the execution of smart contracts on the Stacks network. The token functions as a tool to publish new smart contracts to the blockchain. It is also used for transaction processes such as paying fees and receiving rewards. The token follows the same successful trail with its blockchain network. It has attracted the interest of a significant number of users, especially users who crave Clarity smart contracts.
The token is available for trade at legal and leading cryptocurrency exchange companies.
Stacks’ Use Cases
Stacks (STX) has offered amazing functionality to its ecosystem, especially to the Bitcoin network. It proposes new features to the Bitcoin network since Bitcoin is static and not flexible for adjustments. Through its integration with Bitcoin, users can initiate new features to the network without having to change Bitcoin itself.
Moreso, a major challenge for the Bitcoin network is scalability. Thus, Stacks blockchain seeks to solve the scaling issues with Bitcoin. Stacks extends the Bitcoin transaction capacity since Bitcoin has limited space for transactions.
Besides, Stacks adopts Bitcoin’s efficient security and finality to protect transactions conducted within the ecosystem. The network uses Bitcoin to settle transactions on the Bitcoin blockchain for each block generated.
Advantages of Stacks
Stacks is very beneficial to crypto users, especially members of the Stacks community. The Stacks blockchain has offered users the advantage of enjoying combined features of two independent blockchains on every activity.
Members of the DeFi space can enjoy the extended features of Bitcoin while executing smart contracts.
Moreso, Stacks gives members the opportunity to earn Bitcoins. Certain reward programs the network provides are usually offered with Bitcoin. Stakers of the Stacks blockchain have the opportunity to earn their rewards in Bitcoin instead of any other token that would require them to later convert to Bitcoin.
Conclusion
Stacks (STX) with its unique features is a big addition to the blockchain industry. Since it allows users the benefits of merging smart contracts with Bitcoin’s functionality, it is correct to say that Stacks’ services will boost the adoption and use of Bitcoin in the crypto industry.
The outstanding functionality of the Stack blockchain makes it possible to predict a successful future for the network in the industry.
The avenue it gives users to be able to earn BTC by merely participating in the network is also a point of attraction towards the network.
Request crypto is one of the latest tokens to benefit from being added to the Coinbase exchange. What’s more, the listing of this token is further proof of the big shift in Coinbase’s philosophy.
It wasn’t long ago that a listing on Coinbase equaled a major stamp of approval. To get listed on Coinbase, crypto engineers had to jump though a lot of hoops. In the process, they really had to prove to Coinbase that they were worthy of a listing. In this way, the exchange acted as a sort of crypto gatekeeper.
More recently, though, Coinbase has changed its tune… as you can see in this tweet from its CEO:
1/ Reminder about how Coinbase lists assets: our goal is to list *every* asset where it is legal to do so.
He went on to mention that beyond the exchange’s listing standards (regarding safety and legality), this was a move toward freer markets. And, as he concluded, it was the way to make Coinbase the most innovative. It also happens to be a way that can make Coinbase more money. After all, the more tokens it lists, the more opportunities there are for trades. And charging trading fees is a big part of how Coinbase makes its coin.
So no complaints from the peanut gallery here. Coinbase is a publicly traded company now. It’s beholden to its shareholders. And increasing profits is one of the easiest ways to keep shareholders happy.
Now back to one of Coinbase’s most recent listings: Request crypto (REQ).
All About Request Crypto
In a nutshell, Request crypto is a utility token. It was created to ensure the stability and performance standards of the Request Network. This network is an Ethereum-based decentralized payment system. It allows folks to request a payment and receive money in a secure way. It also removed third-party oversight requirements. This is an important detail… because it’s one of the quickest ways to reduce transaction costs.
The other key benefit of the Request Network is that it works with currencies all around the world. It’s not limited to crypto. It’s not limited to fiat currencies. It transfers dollars to the Korean won and just about everything in between. It’s a robust network with an impressive amount of capabilities.
This process works by having one user create a payment request – or invoice. The invoice needs to include the address the payment should be sent and the amount it should be in. The terms of payment can also be included here for business transactions. Then, the request is delivered to the payer of the invoice. All the while, each and every step of the process is stored on the Request Network. This makes it easy to keep track of transactions, both for the payer and the payee.
The last thing worth mentioning about the Request Network – which is powered by Request crypto – is that it has incorporated laws from all around the world. This, it hopes, will keep it compliant with the various trade laws of every country around the world.
There really is some impressive engineering behind both the Request Network and the Request crypto that powers it. But as far as payment systems go, it has a lot of competition. And not just from the likes of Visa (NYSE: V), Square (NYSE: SQ) or PayPal (Nasdaq: PYPL).
The Competition Is Stiff
Beyond the legacy payment processing companies mentioned above, there are plenty of companies operating in the crypto space too. Circle, which issues the stablecoin USD Coin (USDC), has been in the payment processing game for close to a decade. Incidentally, it was the first company to receive a BitLicense from the New York State Department of Financial Services.
Request crypto also faces competition from Solana crypto and, to a lesser extent, Telcoin. Not to mention Coinbase Commerce, Electroneum, BitPay or CoinGate, among others. But specifically for business-to-business applications, Request crypto and the network it supports do stand out. What it boils down to is adoption.
This could be an exceptional tool for freelancers who pick up jobs around the world. Business consultants, writers, web designers and recruiters could all make good use of this type of payment system. And it has the possibility of cutting down on the paperwork needed for quarterly tax filings… since payments are vetted though international trade laws.
The Bottom Line on Request Crypto
As an experiment, there’s a lot to like about the Request Network. As an investment, there’s reason for both excitement and pause. It’s a penny crypto, after all…
Since its inception in 2017, it has yet to break the $1 mark. In fact, not long ago, you could pick it up for less than $0.05 a token. But trading volume has changed all of that. With the Coinbase listing came a lot of interest. Around 200% more interest than usual. If trading volume stays anywhere near that level, anything’s possible. Request crypto could launch past the $1 mark in a matter of days. But that’s pretty unlikely.
As a buy-and-hold play, Request crypto could be worth a gamble. If the Request Network does begin to catch on, you could see a slow but steady rise in value. But that’s a very big “if.” That being said, it’s a token we’ll be keeping a close eye on. A little momentum and an uplisting to Coinbase could be enough for companies to take notice of Request’s underlying capabilities.
Which products support REQ?
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What regions support REQ?
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Note: Coinbase Wallet does not support direct bank transactions. You’ll need to transfer your crypto to Coinbase.com or send it to an external address in order to cash out.
Note: Only assets hosted on the Ethereum blockchain can be converted through the Coinbase Wallet mobile app at this time. Learn more about trading on Coinbase Wallet.
