Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

FILUSD - Filecoin vs US Dollar

Current value in real time on the crypto market for investing

Swap Short: -20 %Swap Long: -20 %
Low: 5.160Spread MT5 floatingHigh: 5.384
Global Stock Exchanges Session Times
Sydney
9:00 pm (Local)
Opens in 12h 50m
Tokyo
7:00 pm (Local)
Opens in 14h 0m
London
10:00 am (Local)
Closes in 6h 30m
New York
5:00 am (Local)
Opens in 4h 30m

FILUSD Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
Edge
Edge
MT4
MT5
Execution
Market Execution
Market Execution
EdgeFloating spreads
Minimum: 32.00Average: 43.33
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level125
1 tick value0.001
Minimum contract size0.01 lot
1 lot size1 FIL
1 PIP value per 1 lot in USD0.001 USD
Minimum step for increasing contract size0.01 lot
Margin requirements to open a lock position *0
Execution ModeMarket (irrelevant of platform or Account type)

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

What is Filecoin

Filecoin is a cryptocurrency and a decentralised data storage platform that was created in America in 2014.

Stanford graduate Juan Benet first launched Protocol Labs, a startup laboratory to research computer networks and create an \"improved\" Internet space. For this reason, and also to preserve all the knowledge accumulated by humanity, a particular peer-to-peer protocol was developed under the name InterPlanetary File System (hence the name of the token, Filecoin).

In 2017, an ICO was held as a result of which it was possible to set a record for the crypto world at that time, raising $257 million. Following such success, in 2018, Protocol Labs announced the launch of a grant program for researchers, announcing a total prize amount of $5 million. Interested users were invited to put forward practical ideas for optimising and improving the Filecoin project.

In 2020, the developers launched the FIL coin listing on the largest crypto exchanges: Binance, OKEx, and Huobi. By the way, OKEx invested $10 in developing this project in April 2021. An exciting fact preceded this: at the beginning of the same year, it became known that the capacity of Filecoin had increased to 2.5 billion GB. This volume can be compared with 11250 full pages of Wikipedia.

It is logical that this project follows trends, and therefore, in the same year, it launched the NFT Storage service. Its task is to store coins and protect the security of metadata.