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Simple Steps to Buy Request with CoinDCX
Request (REQ) is the token of Request Network, an open system for crypto payments and invoicing.
Check how much REQ you can buy with your amount in INR
You get 0.000025 BTC for ₹ 100
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Request (REQ) is the token of Request Network, an open payment and invoicing system on Ethereum, launched in 2017. It lets people and businesses create on-chain payment requests, or invoices, paid directly between wallets, without a bank or payment processor in the middle. REQ is used to reduce spam, to vote on governance, and it is burned as the network is used, slowly reducing supply.
Because REQ is not required to use the service and its value is tied to network activity, it should be seen as a higher-risk, speculative asset. In India, REQ is treated as a Virtual Digital Asset (VDA) under the Income-tax Act, so you can legally buy, hold, and sell it.
FIU-IND registration, ISO/IEC certification, and offline cold storage help keep customer assets secure.
Trade REQ anytime, with UPI and IMPS deposits typically credited within minutes.

CoinDCX provides tools and guides that help first-time investors get started with Request.

You can use Request’s payments and invoicing without holding REQ, so demand for the token is not automatic. Its value depends on how much activity actually flows through the network.

The best-known invoicing product built on Request is run by a separate company from the token’s open network.

REQ trades well below its all-time high, is a small-cap token, and can swing sharply. Research the network’s real, current usage before you invest in Request.
Follow these 4 simple steps to start investing in Request (REQ) in India:
Create your account and complete KYC.
Transfer INR via UPI, IMPS, NEFT or RTGS.
Open the REQ market and check the live price.
Enter the INR amount and confirm your order.
Before buying REQ, add INR to your CoinDCX account via UPI, IMPS, NEFT, or RTGS.
Yes, Request (REQ) is treated as a Virtual Digital Asset under the Income-tax Act, so buying, holding, and selling are allowed, though it is not legal tender. India regulates crypto as a taxable, speculative asset, and platforms serving Indian users must be registered with FIU-IND under anti-money-laundering rules.
To buy REQ for the first time, sign up on an FIU-IND registered exchange that lists the token and follow the steps suggested on the platform.
Request is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy REQ in INR on our platform.
Add INR to your crypto exchange app by choosing UPI as the payment method, entering the amount, and approving the request in your UPI app. Once the balance reflects, open the REQ market, enter your INR amount, and confirm.
Request is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy REQ in INR on our platform.
You do not need to buy a whole REQ. It is divisible into small units, so a small INR order buys several tokens. The exact per-order minimum is shown on the CoinDCX order screen before you confirm.
Yes. Because REQ is divisible, you can start with as little as ₹100. Open the app, search for Request, tap Buy, enter the rupee amount, and confirm.
REQ can be bought against the rupee on FIU-IND registered Indian exchanges, so no stablecoin conversion is needed. Judge any platform on FIU-IND registration under the PMLA, a direct INR pair, and custody practices such as cold storage and Proof of Reserves.
Selling or swapping your tokens triggers a flat 30% tax plus 4% cess on profits, resulting in an effective tax rate of 31.2% under the Income-tax Act, 2025. Additionally, a 1% TDS is deducted from the total trade value upon transfer under Section 393(1) of the Act. Crypto losses cannot be set off against other income.
Request has a genuine, long-running product, community ownership, a capped supply, and a deflationary burn. Against that, the token is not needed to use the service, the popular product is a separate company, it trades well below its high, and it is a small-cap making it a higher-risk asset.
Request Network is an open system for creating and paying invoices, or payment requests, directly on the blockchain. It aims to make invoicing and payments cheaper and more transparent by removing middlemen, and REQ is the token that helps run and govern this network.
REQ has a few roles: a small fee helps prevent spam on the network, holders can vote on the protocol’s direction, and a portion of REQ is burned each time activity is recorded on-chain, which reduces supply over time. It has a fixed supply of about one billion tokens, almost all of which are already in circulation, with no new tokens being minted.
CoinDCX is considered one of the leading platforms in India, with FIU-IND registration under the PMLA, ISO/IEC certification, direct INR funding via UPI, IMPS, NEFT and RTGS, and published Proof of Reserves. Request is currently available in USDT but not in INR on CoinDCX. Stay tuned for updates on when you can buy REQ in INR on our platform.
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