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REACT - Reactive Network

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Written by Sophie
Updated over a month ago

What is the Reactive Network (REACT)?

The Reactive Network, which replaces the Parsiq Network, is a decentralized platform designed to monitor and automate data across multiple blockchains and off-chain systems in real time. It enables users to track blockchain events, trigger automated actions based on specific conditions, and create custom workflows, making it ideal for applications like DeFi, NFTs, and enterprise automation.

By supporting cross-chain functionality and integration with traditional systems, the Reactive Network enhances scalability and flexibility for developers and businesses. It builds on Parsiq's foundation but expands its capabilities to handle more complex, real-time interactions across diverse data sources and blockchain ecosystems. Learn more

How to Deposit REACT Into Your Coinmetro Account

For all information on how to deposit REACT into your Coinmetro account, please see the following help center article:

Please only deposit and withdraw REACT using the Ethereum network, as Coinmetro only supports the ERC-20 version of REACT. As Coinmetro uses smart contracts for Ethereum and ERC-20 token deposits, the amount of gas required is slightly higher than a typical transfer. To be sure that your transaction is successful, please set the transaction gas limit to 55,000. The fee difference is minimal. If your gas limit is too low, the transaction will simply be rejected by the Ethereum network. There is no risk of loss of assets caused by a too-low gas limit.

If you're depositing from another exchange, it is important to ensure they support sending funds to ETH contracts or using a full ETH wallet as an intermediary.

How to Withdraw REACT From Your Coinmetro Account

For all information on how to withdraw REACT from your Coinmetro account, please see the following help center article:

Important Note - To request a withdrawal, your account profile needs to be verified as well as having the funds to cover your withdrawal. The first time a withdrawal is made to a destination, the destination needs to be confirmed via e-mail. If you have 2-Factor Authentication enabled for withdrawals, you will be asked to input the code for each withdrawal, approved or not. We suggest enabling 2-Factor Authentication to protect your account.

Withdrawals waiting for approval can be cancelled and the withdrawal status can be found by selecting the Wallet on your Coinmetro Dashboard. Please note that already-approved withdrawals cannot be canceled. If there is no Cancel button visible, this unfortunately means the withdrawal can no longer be canceled, and you will find a transaction ID (TXID) instead. This is a link to the relevant transaction hash on a Blockchain Explorer website where the status can be checked further.

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