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FIL
Filecoin
$0.0000AUD
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Swap Filecoin FIL

FIL is the native token of the Filecoin network. Filecoin is a decentralised data storage and retrieval blockchain built on the Interplanetary File Sharing (IPFS) network. IPFS is a decentralised storage network, and the underlying network that Filecoin is built on. Filecoin is responsible for all transactions regarding storing data on the IPFS network. This means that Filecoin allows for users of the network to store their files in a decentralised manner. Filecoin itself does not store any files, it acts as the ledger for Filecoin transactions and the storage agreements between the network’s users and miners. The consensus mechanism Filecoin uses is called Proof-of-Replication, which is how the network ensures that miners behave honestly. Another consensus mechanism, Proof of Space and Time is also used to ensure that miners continue to store data. Filecoin’s native token, FIL, is used for staking to ensure miners act honestly and to pay miners to store their files on the Filecoin blockchain.

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Frequently Asked Questions (FAQs)

The Filecoin price is $6.0178 AUD, representing a -4.21% from the day prior.

Yes - you can easily buy and sell Filecoin (FIL) on Coinstash. Simply login or sign up, to start buying Filecoin (FIL) in minutes.

The best place to buy Filecoin (FIL) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Filecoin (FIL) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of Filecoin (FIL) is $540.6M AUD in the last 24hrs, representing a -4.21% from the day prior.

Filecoin (FIL) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of Filecoin (FIL) is $3.6B AUD.

Yes - With Coinstash you can convert your Filecoin (FIL) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of Filecoin (FIL) is 599.0M.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Filecoin (FIL) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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