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View ChartThe real-time price of Filecoin today is A$1.39(FIL/AUD), with a market capitalization of A$1.04B AUD. The 24-hour trading volume is A$183.18M AUD. The price of FIL to AUD updates in real time. Over the past 24 hours, Filecoin has changed by +3.47%, with a circulating supply of 750.71M.
Buy FilecoinFilecoin is a decentralised storage network that enables users to rent out their unused storage space. Similarly, anyone can purchase storage on the network. Rather than trusting one company with important data, it can be split up and stored on different computers around the world.
Filecoin was first introduced in 2014 when Juan Benet published the white paper: Filecoin: A Cryptocurrency-Operated File Storage Network. This proposal is a blockchain network similar to Bitcoin, but where nodes in the network can store data, which is guaranteed by a proof-of-retrievability component. Filecoin is developed by Protocol Labs.
Filecoin is sometimes referred to as an incentive layer on top of IPFS. This means that users are incentivised to rent out their storage space by being paid in FIL tokens. So, can you use Filecoin to send Christmas photos to Mars or Venus? Not yet. IPFS is a peer-to-peer data storage and retrieval protocol built using a decentralised approach. Unlike HTTP or HTTPS, it doesn’t rely on centralised servers to store data.
Filecoin’s infrastructure is a distributed, peer-to-peer network that provides a new way for organisations and individuals to store data worldwide. People with free storage can become storage miners, who are essentially responsible for storing data on the Filecoin network. Clients pay FIL tokens to both store and retrieve data.
Retrieval miners are another class of participants. As you might expect, they facilitate the process of retrieving data between clients and storage miners, and they also receive a small amount of FIL for their services. Filecoin uses end-to-end encryption, meaning storage providers don’t have access to the decryption keys. Since it’s a distributed system, files are kept safe across multiple storage locations.
So, what makes Filecoin potentially better than its centralised competitors? It offers businesses and consumers a peer-to-peer cloud storage solution. Since the same storage is offered by different sellers, potentially at different prices, consumers may benefit in the end. While you may sometimes not have enough storage for all your data, you may also sometimes have excess storage that you can sell. That’s the promise of Filecoin.
Over the past few decades, the way that we store and access data has changed. In business, this has changed from on-site storage, where companies have huge server rooms, to remote data storage warehouses and more diversified cloud storage across the entire world. Currently, most businesses use a combination of all of these. Similarly, consumer data storage has also changed with an increased reliance on cloud storage.
This brings up cloud storage market superpowers such as AWS, HPE, and Dell. Business customers usually pick one provider and stay with it for years, which hinders competition. Filecoin allows customers who want to purchase storage to navigate the best deals on the fly, no matter who the storage provider is. This can likely create a more competitive cloud storage market.
The easiest way to buy Filecoin is through a crypto exchange like BTCC. BTCC makes purchasing Filecoin easy and accessible whether you use fiat currency or crypto. Trusted by over 9.1 million investors across 100 countries, BTCC is dedicated to offering excellent crypto trading service for all trades. If you’re ready to dive in and make your first Filecoin purchase, register with BTCC today!
Filecoin's price is increasing due to demand outstripping supply, driven by widespread adoption, positive news, and investor optimism. For in-depth analysis, visit our BTCC Academy.
Filecoin(FIL) has historically grown over time but is volatile. Investment decision relies on risk tolerance and long-term strategy.
Predicting the exact timing of a Filecoin crash is impossible, as the market is influenced by a lot of factors, such as global economics, regulation, and investor sentiment.
For a long-term investor, understanding this cyclical nature is more valuable than trying to time the next crash. Also visit the BTCC Academy section for technical and marketing information.
The Filecoin All-Time Low (ATL) price was 0.6336136027631412, recorded on 2025-10-10 21:25. This represents the lowest price for Filecoin(FIL) on record.
The Filecoin All-Time High (ATH) was A$338.19, which was recorded on 2021-04-01 13:25, representing the highest price Filecoin has ever reached. Please note that this is a historical record, and the live price fluctuates constantly. We recommend monitoring the live FIL price for the most up-to-date information.
Filecoin(FIL) currently records a circulating supply of 750.71M, and its maximum supply is capped at ∞.
The current market cap of Filecoin(FIL) is A$1.04B. The market cap of a cryptocurrency means its total circulating supply multiplied by its current price.
Filecoin's 24h trading volume is A$183.18M, representing the total value of all Filecoin(FIL) bought and sold across exchanges over the past 24 hours.
The current Filecoin price is A$1.39. As the FIL price fluctuates constantly, BTCC provides real-time FIL to USD prices that can be accessed at the top of our crypto price page.
Filecoin can be purchased directly on BTCC using fiat currency or other cryptocurrencies. As a famous crypto futures exchange, BTCC offers over 360 futures contracts with flexible leverage of up to 500x, including FILUSDT.