Filecoin (FIL) One Day Trading Volume Hits $95.22 Million

Filecoin (FIL) traded down 5.5% against the U.S. dollar during the one day period ending at 19:00 PM Eastern on October 31st. Filecoin has a total market cap of $2.10 billion and approximately $95.22 million worth of Filecoin was traded on exchanges in the last day. One Filecoin coin can currently be bought for about $3.53 or 0.00005013 BTC on popular exchanges. During the last seven days, Filecoin has traded down 5.4% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• 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 2.2% lower 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.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.6% lower against the dollar and now trades at $70,265.96 or 0.99838532 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.7% lower against the dollar and now trades at $70,198.29 or 0.99742386 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Filecoin

Filecoin’s genesis date was October 14th, 2020. Filecoin’s total supply is 1,959,899,832 coins and its circulating supply is 596,215,535 coins. Filecoin’s official message board is filecoin.io/blog. Filecoin’s official website is filecoin.io. 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 currently possible to buy alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to trade Filecoin should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Filecoin using one of the exchanges listed above.

FIL/USD price chart by TradingView