What is Filecoin & how does it work?

Filecoin is a decentralized storage network based on the Interplanetary File Storage (IPFS) protocol. It is designed to utilized unused storage globally into an efficient storage market for users to pay for low cost storage. The objective is to ensure file storage is permanent and distributed across the web.

How many Filecoin coins are there?

Filecoin has a total supply of 1.97 billion FIL coins. Filecoin is available for trading on many major crypto platforms. Coinbase supports Filecoin. People who viewed Filecoin tend to also view the following cryptocurrencies.

Is Filecoin safe?

Significantly, Filecoin's rivals, Storj and Siacoin, lack this level of security. In other words, the beauty of Filecoin is that it's entirely peer-to-peer powered, with miners offering their own available computer storage space in return for FIL.

Where to buy Filecoin stock?

It has a circulating supply of 454,195,302 FIL coins and the max. supply is not available. If you would like to know where to buy Filecoin at the current rate, the top cryptocurrency exchanges for trading in Filecoin stock are currently Binance, WEEX, OKX, Bybit, and Cointr Pro. You can find others listed on our crypto exchanges page.