Filecoin Reaches 1-Day Trading Volume of $618.59 Million (FIL)

Filecoin (FIL) traded 3.4% higher against the dollar during the one day period ending at 0:00 AM Eastern on March 11th. Filecoin has a total market capitalization of $5.71 billion and $618.59 million worth of Filecoin was traded on exchanges in the last day. One Filecoin coin can currently be purchased for approximately $10.91 or 0.00015229 BTC on popular exchanges. In the last seven days, Filecoin has traded 8.5% higher against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded up 5.6% against the dollar and now trades at $0.48 or 0.00000675 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 28% against the dollar and now trades at $0.0098 or 0.00000014 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 0.3% higher against the dollar and now trades at $0.0102 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Filecoin Profile

Filecoin launched on October 14th, 2020. Filecoin’s total supply is 1,960,844,165 coins and its circulating supply is 522,744,723 coins. The official website for Filecoin is filecoin.io. The official message board for Filecoin is filecoin.io/blog. Filecoin’s official Twitter account is @filecoin and its Facebook page is accessible here.

According to CryptoCompare, “FileCoin (FIL) is a decentralized storage network that allows users to store and retrieve data from storage providers around the world, incentivized by the native FIL cryptocurrency. The protocol is designed to make file storage and retrieval more secure, reliable, and cost-effective than traditional centralized storage systems, using Proof of Replication (PoRep) and Proof of Spacetime (PoSt) cryptographic proofs. Filecoin was created by Protocol Labs, founded in 2014, who are also the creators of IPFS and libp2p. Filecoin provides a secure, decentralized, and cost-effective alternative to traditional centralized storage systems.”

Buying and Selling Filecoin

It is usually not possible to buy alternative cryptocurrencies such as Filecoin directly using US dollars. Investors seeking to trade Filecoin should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Filecoin using one of the aforementioned exchanges.

Receive News & Updates for Filecoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Filecoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.