How to buy Filecoin from Bitget 

What is Filecoin (FIL)?

Filecoin is a peer-to-peer decentralized network for storing, hosting, and retrieving data reliably on blockchain. The network was introduced in 2017 by Protocol Labs, a company that is famous for its peer-to-peer solutions such as IPFS (InterPlanetary File System) and Libp2p. Filecoin was schedule to have its mainnet released in 2019 but had to postpone until 2020.

How Filecoin (FIL) Works

Filecoin incentivizes people to join the network by rewarding FIL tokens to those who provide storage, and those who want to use such storage have to pay FIL. However, miners, also storage providers in this case, have to compete to have the lowest fee.

To verify that the data are indeed saved for a predetermined period of time, Filecoin uses two consensus mechanisms, Proof of Replication and Proof of Spacetime.

How Many Filecoin (FIL) Tokens Are in Circulation?

FIL has a hard cap maximum supply of 2 billion. At the moment, there are 305.9 million FIL tokens in circulation.

How to Buy Filecoin (FIL)

Consider investing in Filecoin (FIL)? It only takes 2 minutes to create an account on Bitget and start trading FIL. 

Check out the available FIL trading pairs on Bitget!

Futures market

FILUSDT

Spot market

FILUSDT

FILUSDC

FILBTC

FILETH

Filecoin (FIL) Resources

Official Website

Official Documents

Bitget: Where The World Trades Filecoin

Fast

Bitget’s world-class matching engine supports up to 1,400,000 orders per second. This ensures that your crypto trading experience is quick and reliable.

Simple

Trading crypto on Bitget is easy and intuitive. You only need a few steps to buy Filecoin instantly.

Secure & Trusted

Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and SAFU (Secure Assets Fund for Users) insurance fund protect your account.

Liquid

Bitget is the world’s most liquid cryptocurrency exchange, with the biggest volumes across multiple crypto pairs.

How to buy Filecoin from Bitget 

What to Do After I Buy Filecoin

Store/Hold Filecoin

Many users hold on to their Filecoin with the expectation of it increasing in value. You can store your FIL safely on your Bitget account or on our crypto wallet app Trust Wallet, the most user-friendly and secure mobile wallet.

Trade Filecoin

You can trade Filecoin for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Filecoin trading to meet your needs.

Send Filecoin

Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Filecoin online and send to anyone and anywhere with their Filecoin address.

Spend Filecoin

You can also buy goods and services with your Filecoin. More and more vendors and retailers accept Filecoin every day.

Donate Filecoin

Bitget Charity accepts Filecoin donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Filecoin so no one misses out on the growth made possible by blockchain.

Learn More About Filecoin

You can read more in-depth articles on Filecoin from Bitget Research and study how cryptocurrencies like Filecoin work on Bitget Academy

Buy and Sell FIL on the Move

Download the Bitget crypto trading app and trade your FIL plus 150+ cryptocurrencies, anytime and anywhere.

(!) Cryptocurrency investment activities, including actions done to buy Filecoin online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Filecoin instantly, and we put our best efforts to fully inform our users about each and every cryptocurrency we offer on the exchange, but we are not responsible for the results that may arise from your Filecoin purchase. This page and any information in it is not meant to be interpreted as an endorsement of any particular cryptocurrency or method of acquiring it.