FIL to BTC conversion chart
Filecoin to Bitcoin correlation
According to the correlation analysis, FIL and BTC have a strong relationship with each other and correlate. Whenever there is a change in the price of FIL then BTC also tends to follow the same pattern and move together.
Live Filecoin Price Change and Market Cap
At the moment, FIL price is 0.000045 BTC and it changed by -6.68% in the last 24 hours. Filecoin has a total market capitalization of $20 today. 20.28 FIL is in circulation. The 24-hour highest price of FIL was 0.00004654 BTC and the lowest was 0.00004331 BTC.
Filecoin Price Prediction
Despite being envisioned all the way back in 2014 concurrently with the IPFS protocol, FIL tokens first arrived on the markets in late 2017 after an ICO. The Filecoin mainnet launched in October 2020, and by then the price had established a range between $3~4. In mid-2020 it joined the crypto rally, which culminated for FIL at $191.36 — a growth by more than 5,200%. Nevertheless, what goes up must come down, so these days FIL is worth $5~6.
Optimistic forecasts for FIL still see room for growth for the token, even in the bear market. In a year, it can reach $24 and even $40. 2025 targets aim for the psychological level of $50, and by 2030 it can grow up to drastic $180~220.
FIL to BTC exchange margin
The closing conversion rate for FIL to BTC yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 FIL to BTC would result in an output of 0.000045 BTC.
How to convert Filecoin to Bitcoin
Filecoin and Bitcoin comparison
Filecoin is a decentralized data storage network built by Protocol Labs that allows users to sell their excess storage on an open platform. It acts as the incentive and security layer for IPFS (InterPlanetary File System), a peer-to-peer network for storing and sharing data files. Filecoin turns IPFS' storage system into an "algorithmic market," where users pay storage providers in Filecoin's native token, FIL, to store and distribute data on the network.
Bitcoin was developed by Satoshi Nakamoto in 2009 with the idea of providing a peer-to-peer payment system using blockchain technology. Bitcoin network is decentralized and has an immutable record of transactions. The sole purpose of Bitcoin is to enable a means of payment system for people to transact value without any middlemen.
What is Filecoin?
Originally, Filecoin was devised as an incentive layer to the Interplanetary File System — a decentralized peer-to-peer file storage protocol. Both ideas belong to Juan Benet. Filecoin enables a rent market for P2P storage: miners offer storage capacity for users that rent or buy it from them.
To secure the network and incentivize timely service from nodes, Filecoin uses proof-of-replication and proof-of-spacetime.
Filecoin to Bitcoin price details
FIL to BTC Conversion Rate and Price
Currently, the conversion rate for 1 FIL equals to 0.000045 BTC. The 24-hour highest price of Filecoin in relation to BTC was 0.00004654 BTC and the lowest was 0.00004331 BTC. In short, FIL price in relation to BTC changed by -6.68%.
Instantly Exchange FIL to BTC
On ChangeHero you can instantly exchange Filecoin to Bitcoin without signup. You can easily convert FIL to BTC in a few clicks without worrying about the rates and fees. ChangeHero offers both the Best Rate and Fixed Rate for your FIL to BTC exchange.
FIL to BTC Best Rate Exchange
In the Best Rate exchange of Filecoin to Bitcoin, we search through various exchanges for the FIL to BTC pair and find the best rate available in the market. We provide you with an estimation of the amount of BTC you will receive.
As soon as you accept the terms and the FIL is deposited, the exchange will be automatically processed. We remind you that the final amount of BTC you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of FIL to BTC.
FIL to BTC Fixed Rate Conversion
In the Fixed Rate exchange of Filecoin to Bitcoin, ChangeHero finds a good rate for the pair FIL to BTC and fix the rate for up to 15 minutes. In the Best Rate exchange of FIL to BTC, you will receive the exact amount of BTC which was shown in the estimate.
ChangeHero is a non-custodial service and never holds your cryptocurrency. As soon as the exchange is completed, we send your assets to the mentioned BTC address. ChangeHero is the best place to exchange FIL to BTC fast and safe at the best rates.
Frequently asked questions
How long does it take to convert FIL to BTC?
Usually, it takes around 15 minutes but the time may vary depending on how busy the network is.
Do I need an account to exchange FIL to BTC?
No, you do not require an account to swap FIL to BTC on ChangeHero. There will be no registrations for your Filecoin to Bitcoin transaction.
Do I need to go through KYC procedures for FIL to BTC exchange?
There will be no KYC for the FIL to BTC exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure that takes a few minutes.
Can I exchange BTC to FIL?
Yes, you can instantly exchange BTC to FIL on ChangeHero.
