Filecoin (FIL) is the native token of a decentralized storage network, making it a common swap target for users funding storage deals or withdrawing FIL earned from providing storage capacity. FIL is available on both its native network and BNB Smart Chain (as a wrapped token), which gives users flexibility depending on which ecosystem they are operating in. Choosing the right network before swapping is essential, as the two versions are not interchangeable at the wallet level.
Before swapping FIL, confirm which network your receiving wallet or platform supports — native FIL and BNB Smart Chain FIL use different address formats and are not directly compatible. Sending FIL to the wrong network can result in inaccessible funds, so double-check the network selection in the exchange widget before proceeding. Settlement times can vary depending on network congestion and the number of confirmations required, so allow some buffer if you are working to a deadline. No memo or destination tag is required for FIL on any supported network. Zest shows the estimated rate and output amount before you confirm, so review those details carefully at that step.
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Filecoin (FIL) is a cryptocurrency launched in 2020. Users are able to generate FIL through the process of mining. Filecoin has a current supply of 1,957,597,374 with 795,219,970 in circulation. The last known price of Filecoin is 0.7983722 USD and is up 1.55 over the last 24 hours. It is currently trading on 705 active market(s) with $55,768,981.28 traded over the last 24 hours. More information can be found at https://filecoin.io/.
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