FIL to ETH conversion chart
Filecoin to Ethereum correlation
According to the correlation analysis FIL and ETH have a strong relationship with each other and correlated. Whenever there is a change in the price of FIL then ETH also tends to follow the same pattern and move together.
Live Filecoin Price Change and Market Cap
At the moment, FIL price is 0.001382 ETH and it changed by -3.15% in the last 24 hours. Filecoin has a total market capitalization of $588 today. 611.69 FIL is in circulation. The 24-hour highest price of FIL was 0.001456 ETH and the lowest was 0.001326 ETH.
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 ETH exchange margin
The closing conversion rate for FIL to ETH yesterday was {{LAST}}. Considering today’s exchange rate, a transaction of 1 FIL to ETH would result in an output of 0.001382 ETH.
How to convert Filecoin to Ethereum
Filecoin and Ethereum 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.
Ethereum was launched in 2014 by Vitalik Buterin. It is an open-source blockchain network with a major emphasis on smart contracts. For starters, smart contracts are pieces of code that automatically processes the transactions once the preset conditions are met. Ethereum is often praised as the Second Generation of blockchain. Ether is the native cryptocurrency of the Ethereum Blockchain.
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 Ethereum price details
FIL to ETH Conversion Rate and Price
Currently, the conversion rate for 1 FIL equals to 0.001382 ETH. The 24-hour highest price of Filecoin in relation to ETH was 0.001456 ETH and the lowest was 0.001326 ETH. In short, FIL price in relation to ETH changed by -3.15%.
Instantly Exchange FIL to ETH
On ChangeHero you can instantly exchange Filecoin to Ethereum without registrations. You can easily convert FIL to ETH in a few clicks without worrying about the rates and fees. ChangeHero offers both Best Rate and Fixed Rate for your FIL to ETH exchange.
FIL to ETH Best Rate Exchange
In the Best Rate exchange of Filecoin to Ethereum, we search through various exchanges for the FIL to ETH pair and find the best rate available in the market. We provide you with an estimation of the amount of ETH 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 ETH you receive may vary slightly due to the volatility in the price of the cryptocurrencies which affects the conversion rate of FIL to ETH.
FIL to ETH Fixed Rate Conversion
In the Fixed Rate exchange of Filecoin to Ethereum, ChangeHero finds a good rate for the pair FIL to ETH and fix the rate for up to 15 minutes. In the Best Rate exchange of FIL to ETH, you will receive the exact amount of ETH 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 ETH address. ChangeHero is the best place to exchange FIL to ETH fast and safe at the best rates.
Frequently asked questions
How long does it take to convert FIL to ETH?
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 ETH?
No, you do not require an account to swap FIL to ETH on ChangeHero. There will be no registrations for your Filecoin to Ethereum transaction.
Do I need to go through KYC procedures for FIL to ETH exchange?
There will be no KYC for the FIL to ETH exchange. However, if our threat detection system raises the alarm then we ask you to complete a simple verification procedure which takes a few minutes.
Can I exchange ETH to FIL?
Yes, you can instantly exchange ETH to FIL on ChangeHero.
Buy and sell Ethereum
Looking to buy Ethereum? On ChangeHero you can buy Ether with a credit or debit card. Also, you can sell your cryptocurrency on ChangeHero for US Dollars and Euro. Give it a try.
