What is Filecoin (FIL)

Filecoin or FIL Token (FIL/USDT – Trade it here) Filecoin is a decentralized storage network designed to store humanity’s most important information.This article will explore main features of the project plus ways of how to buy FILL plus how to sell and earn it on MEXC.

What is Filecoin (FIL)
What is Filecoin (FIL)

FileCoin Core Features

A programmable network from the ground up. Filecoin is storage designed for Web3. It uses IPFS as a building block to share all the benefits of content addressing. The verifiable, cryptographic proofs ensure that Filecoin storage providers are storing data and keeping it safe. Interoperability with Web3 compute networks unlock a world of novel applications and use cases.

The Filecoin network achieves staggering economies of scale by allowing anyone to participate as a storage provider. The Filecoin network is designed to reward participants at multiple levels — from large scale data centers to local entrepreneurs with storage systems that cover the last mile.

How to buy FIL?

Looking for how to buy FIL? You can freely buy project token on MEXC via following the steps:

  1. Log in to your {Our Name} account and click [Trade]. Click on [Spot].
  2. Search “FIL” using the search bar to see the available trading pairs. Take FIL/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of FIL you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy FIL] to confirm your order. You will find the purchased FIL in your Spot Wallet.

For the comprehensive guide on how to buy FIL and other available tokens, please visit special MEXC How to Buy Guides Section.

Recent FIL Token Price & Performance

Since listed on MEXC in 2021, FIL reached the highest price (ATH) of almost 120 USDT in September 2021. Now in July 2022 it circulates around 5.6 USDT.

Interested in crypto like FIL?

MEXC lists new tokens and gives access to trading of most popular crypto coins like FIL, keep an eye on new trading stars in Innovation and Assessment zones, as well as major tokens in the Main Zone – we have more great projects to come! Also, visit the hot projects section to find more hot tokes that were listed already. If you would like to know more about crypto trading itself visit MEXC Academy.

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