Filecoin (FIL) 24 Hour Trading Volume Tops $537.16 Million

Filecoin (FIL) traded down 10.2% against the U.S. dollar during the 24-hour period ending at 12:00 PM ET on April 18th. In the last seven days, Filecoin has traded 0.5% lower against the U.S. dollar. Filecoin has a market cap of $3.66 billion and approximately $537.16 million worth of Filecoin was traded on exchanges in the last 24 hours. One Filecoin coin can currently be bought for approximately $18.92 or 0.00048196 BTC on popular exchanges.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Tether (USDT) traded 0% lower against the dollar and now trades at $1.00 or 0.00002548 BTC.
  • XRP (XRP) traded down 4.8% against the dollar and now trades at $0.74 or 0.00001891 BTC.
  • Polkadot (DOT) traded down 5.4% against the dollar and now trades at $17.56 or 0.00044742 BTC.
  • Shiba Inu (SHIB) traded 6% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Wrapped TRON (WTRX) traded 4% lower against the dollar and now trades at $0.0601 or 0.00000153 BTC.
  • Lido stETH (STETH) traded 5.2% lower against the dollar and now trades at $2,906.13 or 0.07403789 BTC.
  • EarnX (EARNX) traded up 396,248.3% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
  • stETH (Lido) (STETH) traded flat against the dollar and now trades at $3,479.19 or 0.06807369 BTC.
  • Bitcoin BEP2 (BTCB) traded down 2.7% against the dollar and now trades at $39,305.30 or 1.00136066 BTC.
  • Internet Computer (ICP) traded 7.4% lower against the dollar and now trades at $16.38 or 0.00041718 BTC.

About Filecoin

Filecoin was first traded on July 19th, 2017. Filecoin’s total supply is 193,576,266 coins. The official website for Filecoin is filecoin.io. Filecoin’s official Twitter account is @Filecoin and its Facebook page is accessible here.

According to CryptoCompare, “Filecoin is a decentralized storage network that turns cloud storage into an algorithmic market. The market runs on a blockchain with a native protocol token (also called “Filecoin”), which miners earn by providing storage to clients. Conversely, clients spend Filecoin hiring miners to store or distribute data. Filecoin miners compete to mine blocks with sizable rewards, but Filecoin mining power is proportional to active storage, which directly provides a useful service to clients. “

Buying and Selling Filecoin

It is usually not possible to buy alternative cryptocurrencies such as Filecoin directly using U.S. dollars. Investors seeking to trade Filecoin should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Filecoin using one of the exchanges listed above.

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