Filecoin (FIL) is known as a cryptocurrency project that managed to raise $205 million in funds during the ICO spree. FIL Coin, which first attracted the attention of investors with this fund, then made a name for itself with its infrastructure and the technology it aims to offer. Filecoin actually aims to replace the storage devices and storage facilities that people do not use in a way that allows them to mine Filecoin.
What is Filecoin?
The project, which aims to open up the storage areas that people do not use on their computers or other devices to those who need it, to obtain FIL coins, as expected, faced a great deal of interest. Developed for a long time and finally released in 2020, FIL Coin was also listed on Binance on the same day. It was quite predictable that the price and popularity of FIL Coin broke records with the listing.
Using the IPFS mining protocol, Filecoin accordingly allows the launch of new coins by mining, just like Bitcoin. There are 2 billion FIL Coins in total, of which 70% is allocated to production by mining, 15% to protocol development, 10% to ICO investors and the remaining 5% to the Filecoin foundation.
How to Buy FIL Coins?
So how to buy FIL Coin on the day it is released on Binance?
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