Filecoin (FIL) is a decentralized storage network that allows users to store, retrieve, and share data on a global, peer-to-peer network. Filecoin's main goal is to create a more efficient and cost-effective way to store and distribute data compared to traditional cloud storage services.
Filecoin operates on a decentralized, blockchain-based network, where users can rent out their unused storage space to store and distribute data. The network incentivizes users to participate in the system by rewarding them with FIL tokens for providing storage space and for validating transactions on the network.
One of the unique features of Filecoin is its Proof-of-Replication and Proof-of-Spacetime consensus mechanism, which ensures that stored data is securely stored and verified by network participants. This mechanism also enables the network to scale while maintaining high levels of security.
Where to buy FIL Token
You can find FIL Token here at CoinTR Exchange! We are listing FIL/USDT, FIL/TRY on Spot Market and support up to 25X FILUSDT Perpetual Futures!
What is the Price of FIL
The price of the FIL token is $0.3826 per unit. It has a market cap of $13,313,846,974 and a fully diluted market cap of $17,216,253,249 . It also has a 24-hour trading volume of $263,448,513. You can check the live price of their token right here!
How to buy FIL
Looking for a way to buy FIL. You can purchase FIL on CoinTR following the steps:
1. Log in your CoinTR account and click [Markets]. Click on [Spot].
2. Search “FIL” using the search bar to see the available trading pairs. Take FIL/USDT as an example,click [Trade].
3.Go to the [Spot] box. Enter the amount of FIL you want to buy. You can choose from opening a Limit order or a Market order. Take Market order as an example. Click [Buy FIL] to confirm your order. You will find the purchased FIL in your Spot Wallet.
Disclaimer: The views, thoughts, and opinions expressed in the article shall not be considered as investment advice and do not reflect the position of CoinTR, please use it at your own risk.