The Filecoin token has seen strong gains of 12% and the coin is currently consolidating near the $59 mark after trading sideways between $ 51.45 and $ 57.55 over the past 24 hours. The coin could potentially see another 30-40% gains if the current rally continues in the future.
How and where to buy Filecoin in Germany and elsewhere
If you are interested in buying the Filecoin token, you need to set up an account with a broker/exchange platform. The process of account registration is simple and requires you to provide your full name, contact details such as email address and phone number. The site will ask you to go through a verification process, which will require you to provide documents such as a driver’s license and utility bill. The platform checks the documents and releases your account. Now you can deposit money and start trading.
Please avoid using decentralized exchanges (DEX) as they are not regulated. For your benefit, we have shortlisted two of the best platforms where you can trade cryptocurrencies with ease.
eToro is one of the leading trading platforms for investing in crypto assets. Packed with features including copy trading, advanced technical charts and a range of trading tools, eToro’s platform is suitable for beginners and professionals alike.
Buy FIL now at eToro
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.
Buy FIL now at Binance
What is Filecoin?
The Filecoin network enables easy sharing of data around the world through the use of peer-to-peer technology. It is a decentralized network for easy file sharing and does not allow censorship. Unlike centralized servers, the data is always available even if some of the nodes should not work. The Filecoin network has recently introduced NFT storage for its users.
Should I buy FIL today?
The Filecoin token is currently in a strong uptrend and the coin could offer healthy rewards to its early users if the price upswing continues in the future. The coin has the potential to continue its rally even as buying volumes begin to rise.
The Filecoin network will continue to play an important role as decentralized file storage becomes more popular, and the FIL token will also benefit from the increased use of the FIL network.
This article is for information purposes only – none of the content should be construed as financial or investment advice.