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How to Buy Filecoin (FIL)

Price of Filecoin (24h)$2.94price-24h-img5.8%
CalculatorReal-Time FIL Rate Converter
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Interested in buying Filecoin (FIL) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Filecoin (FIL) instantly wherever you are! Check out all the ways you can buy FIL on KuCoin.

Buy Filecoin (FIL) on KuCoin in Four Simple Steps

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Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.
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Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.
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Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.
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Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.
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Buy Filecoin (FIL)

Use a variety of payment options to buy Filecoin on KuCoin. We'll show you how.

Choose How You Want to Buy Filecoin on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Filecoin (FIL).

  • 1

    Buy Filecoin (FIL) with a Credit or Debit Card

    This is the easiest way for new users to purchase (FIL). Link your credit or debit card to your account, enter the purchase amount, then wait for the transaction to be completed.

    Video Tutorial
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    How to Buy Crypto With Credit Debit Card Web
  • 2

    Buy Filecoin (FIL) via Bank Transfer

    Depending on the region you are in, bank transfers are also a safe and convenient way to buy Filecoin. You can purchase FIL once the funds arrive in your account.

    Video Tutorial
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    How to Deposit Fiat on KuCoin
  • 3

    Buy Filecoin (FIL) Using Third-Party Channels

    KuCoin supports a variety of leading third-party payment processors. Visit our third-party payment page to view available methods in your region.

  • 4

    Buy Filecoin (FIL) with crypto on the KuCoin Spot Market

    With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Filecoin (FIL). Here's how to buy:

    1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

    2. Transfer your crypto to a KuCoin Trading Account. Find your desired Filecoin (FIL) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Filecoin (FIL).

    Tip: KuCoin offers a variety of order types to buy Filecoin (FIL) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

    3. As soon as your order is successfully executed, you will be able to see your available Filecoin (FIL) in your Trading Account.

    Video Tutorial
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    How to Buy Crypto on the Spot Market Web
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Get Your First Filecoin (FIL) with KuCoin

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How to Store Filecoin (FIL)

The best way to store Filecoin (FIL) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Filecoin (FIL).

Store Filecoin in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Filecoin in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Filecoin (FIL) to a non-custodial wallet. Storing Filecoin (FIL) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Filecoin (FIL) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Filecoin (FIL).

What Can You Do with Filecoin (FIL) on KuCoin?

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Hold

Store your Filecoin (FIL) in your KuCoin account.
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Trade

Trade Filecoin (FIL) in the spot and futures markets.
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Earn

Earn passive income by staking or lending Filecoin (FIL).

Why Is KuCoin the Best Platform to Buy Filecoin (FIL)?

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    Safe and Trusted

    Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.
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    High Liquidity

    Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.
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    Home of Crypto Gems

    KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Filecoin and trade it against various digital assets on KuCoin.
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    Intuitive Interface

    Buying Filecoin (FIL) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain FIL in an instant when you buy on KuCoin.

FAQ

  • Is Filecoin (FIL) Crypto a Good Investment?

    Unlike many other cryptocurrencies in the market, Filecoin’s strength lies in its unique use case. Aiming to take on established cloud providers like Amazon Web Services and Google Drive, Filecoin’s decentralized cloud storage is a potentially disruptive project with a valid mainstream use case.

    This is one of the critical reasons for making the FIL crypto an excellent investment in your portfolio. The rising adoption of Filecoin’s technology by customers could power a strong uptrend in the Filecoin price in the future.

    The decentralized storage and content space could experience explosive growth as the Web 3.0 movement gains more traction worldwide. An uptick in Web3 innovation could further spur the Filecoin price and make it a valuable digital asset to buy.

    In addition, positive sentiment in the overall cryptocurrency market could also support the Filecoin price statistics in the future. Whenever leading cryptos like Bitcoin and Ethereum trade upwards, investor confidence is boosted, and more traders buy altcoins like FIL to diversify their portfolios.

  • Are Filecoin and IPFS the Same Thing?

    Filecoin and IPFS are two distinct yet complementary protocols developed by Protocol Labs. While Filecoin works as an incentive layer, the IPFS protocol is responsible for addressing and moving content on the decentralized network.

    IPFS supports peer-to-peer data storage and sharing after verification. On the other hand, Filecoin aims to provide persistent data storage services coupled with incentives to reward the process.

    Although the terms Filecoin and IPFS are used interchangeably often, they exist and can operate independently of each other. The IPFS network provides a way for P2P file sharing and data access. At the same time, Filecoin offers the incentives and the proofs to verify the data and provide cryptographic security.

  • How to Store Files on Filecoin

    Follow the steps given below to use Filecoin’s decentralized storage service and store your data on the network:

    1. Download a dApp that allows you to use Filecoin’s infrastructure for decentralized file storage. Supported applications include ChainSafe Files, Estuary, Space Storage, and Web3.Storage.
    2. You can also use the Filecoin node client Lotus to store files on Filecoin. Download and install Lotus to start using this service.
    3. Other services include Starling, which uses Lotus for digital preservation and archiving, and File.video and Voodfy for decentralized video hosting on Filecoin.
    4. Other storage solutions you can use for data storage on the Filecoin ecosystem include Fleed, Pinata, Powergate, and Textile Buckets.

Filecoin (FIL) Price Analysis

Live Price
The live price of FIL is 3 USD, representing an increase of 8.57% in the past 7 days and 5.8% increase in the past 24 hours.
Historical Trends
The all-time high of FIL was 237.24 USD on 04-01, 2021, from which the coin is now down -98.73%.
The all-time low of FIL was 1.82 USD, from which the coin is now up 39.15%.
1.82924685424
$ 237.24

Get Your First Filecoin (FIL) with KuCoin

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Disclaimer

Given the nature of the crypto market, the price of Filecoin (FIL) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.