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We’re excited to welcome Filecoin (FIL) to Poloniex today!

Apr 13, 2021 2 min read
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Along with our listing, we’re beginning our Filecoin Bonus Competition from April 13, 12:00 PM — April 18, 11:59 AM UTC! Check out our campaign overview for more details on how to win from a total prize pool of 10,000 USDT!

Interested in our listings? Tell your friends and earn 20% on their trading fees .

What is FIL? Filecoin is a decentralized storage network based on the Interplanetary File Storage (IPFS) protocol. It is designed to utilize unused storage globally into an efficient storage market for users to pay for low-cost storage. The objective is to ensure file storage is permanent and distributed across the web. Contrast this with centralized cloud storage solutions such as Amazon Web Services, Google Cloud, or Dropbox, where data is stored in servers owned by these private corporations.

Filecoin (FIL or ⨎) is also the currency of the decentralized storage network. Customers wanting to access storage will have to pay for storage in Filecoin. Nodes that provide storage to the network will in turn be paid in Filecoin for their service. Deposit FIL now and begin trading !

FIL Stats

Price: $164.93

Market Cap: $10,960,149,877

24h Trading Volume: $1,878,149,783

Market Cap Rank: #14

24h Low / 24h High: $160.86 / $180.62

All Time High: $236.84 (April 01, 2021)

All-Time Low: $20.06 (December, 29, 2020)

Circulating Supply: 66,359,718 / 1,978,181,153 FIL

Have an idea of what you want us to list next? Fill out our listing application or let us know on Twitter !

was originally published in The Poloniex blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

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