Buy Filecoin.

Filecoin (FIL) is a decentralized storage network designed to store humanity’s most important information in a secure, distributed, and cost-efficient way. Instead of relying on centralized servers or cloud providers, Filecoin enables users to rent out unused storage space and earn rewards, creating a global marketplace for data storage.

The protocol is built on top of the InterPlanetary File System (IPFS), which allows files to be stored and retrieved using content-based addressing. Filecoin extends IPFS by adding economic incentives and a blockchain layer to verify that data is being stored reliably over time. This makes it especially suitable for archiving, backing up critical datasets, and preserving digital content across decentralized applications.

FIL is the native token of the Filecoin network. It is used to pay for storage and retrieval services, collateralize storage deals, and reward storage providers. FIL also plays a role in network governance and security, incentivizing long-term participation and alignment with protocol standards.

FIL trades at $2.30, with a market capitalization of $1,573,355,997.00. The token reached its all-time high of $236.84 on April 1, 2021. There are 683,725,608 FIL tokens in circulation, from a total supply of 1,959,172,533, and a maximum supply of 1,959,172,598.

Filecoin is widely used by developers, researchers, and Web3 platforms seeking decentralized, censorship-resistant storage infrastructure. Its open marketplace model offers flexibility in pricing, redundancy, and scalability, benefiting both individuals and large-scale enterprises.

You can buy Filecoin with a debit or credit card, or explore other payment options directly through Nexo. Proceed to the Nexo Exchange to buy FIL.