Buy Filecoin.

Purchase FIL in a few taps. Buy with a credit, debit card or bank transfer.

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1 FIL2.28 USD *
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Filecoin (FIL) price performance.

The current Filecoin price is $2.28 as in the last 24 hours its value has changed by -5.30%. Filecoin ranks number 93 in terms of market capitalization. Filecoin is a cryptocurrency you can buy, sell, or exchange on the Nexo platform.

Optimize the value of your Filecoin.

Exchange

Swap assets for FIL with fixed price execution on Nexo’s crypto exchange.

Credit Line

Borrow funds from 2.9% interest without selling any of your Filecoin.

Nexo Card

Spend your funds in Credit and Debit Mode from a single card and receive up to 2% crypto cashback.

Send Filecoin

Make free Filecoin transfers to your family or friends as long as they have a Nexo account.

Buy FIL the way you want.

Fund your account with the payment method you're most comfortable with and start building your portfolio.

Crypto-friendly bank transfers

Enjoy seamless USD, EUR, and GBP bank transfers under your name.

Visa & Mastercard

Use your debit or credit card.

Apple Pay & Google Pay

Add funds via the two most popular mobile payment services.

What is Filecoin (FIL)?

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 $2.28, with a market capitalization of $1,590,425,573. The token reached its all-time high of $236.84 on April 1, 2021. There are 698,116,578 FIL tokens in circulation, from a total supply of 1,958,909,474, and a maximum supply of 1,958,909,474.

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.

Why choose Nexo to buy Filecoin?

Buy seamlessly

Purchase FIL with card or bank transfer and get crypto cashback.

Optimal pricing

Get competitive rates across top 10 exchanges.

Peace of mind

Benefit from robust infrastructure built for long-term stability.

Find answers to all your questions about Filecoin.

What is Filecoin?

Filecoin is a decentralized storage network that allows users to rent out unused storage space or buy secure, distributed storage from others. It’s designed to make data storage more efficient, open, and accessible by using blockchain technology to match users and providers directly. The network is powered by the FIL token, which is used for payments and as an incentive for storage providers to offer reliable service.

When did the blockchain project Filecoin officially launch its mainnet?

Filecoin launched its mainnet on October 15, 2020, after several years of development and testing. The launch marked the beginning of the live, decentralized storage marketplace.

Where to buy Filecoin?

FIL is available on a wide range of crypto exchanges. You can buy Filecoin directly through your Nexo account using crypto, a debit or credit card, or a bank transfer—depending on your region.

How to buy Filecoin?

To buy FIL on Nexo:

  1. Log into your Nexo account
  2. Visit the Filecoin page
  3. Select your preferred currency and amount
  4. Confirm the transaction

Your FIL will appear in your account once the purchase is complete.

What is Filecoin used for?

Filecoin is used to pay for decentralized data storage services on the network. Clients use FIL to store or retrieve data, while storage providers earn FIL for offering space and maintaining uptime. The token also plays a role in Filecoin’s network governance and economy.

How does Filecoin work?

Filecoin operates by connecting users who need storage with providers offering space. When you store data on the Filecoin network, it's split, encrypted, and distributed across multiple nodes. Storage providers must prove they’re storing the data correctly using cryptographic proofs, which are verified on-chain. This ensures transparency, reliability, and decentralization.

What blockchain is Filecoin on?

Filecoin operates on its own native blockchain, built specifically to support decentralized storage functionality and proof mechanisms.

Where is Filecoin based?

Filecoin is developed by Protocol Labs, a U.S.-based research and development company focused on building open-source web infrastructure.

How to sell Filecoin?

To sell FIL on Nexo:

  1. Log into your account
  2. Go to your Filecoin balance
  3. Choose the amount you'd like to sell
  4. Select the output currency and confirm the transaction

You can convert FIL to other cryptocurrencies or to fiat, depending on the options available in your region.

How to stake Filecoin?

Filecoin doesn’t offer traditional staking for everyday users. Its network uses a form of collateral-based storage mining, which is more complex and typically handled by professional storage providers. You won’t find standard staking options like those available for proof-of-stake tokens.

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