We are excited to announce upcoming trading and custody support for Filecoin (FIL). Deposits and withdrawals will be available at 10:30am ET, Thursday, October 15, when the Filecoin Mainnet launches, with trading to follow shortly thereafter.
Follow @Gemini on Twitter to get live updates on when trading will open across all our platforms.
With the addition of Filecoin, Gemini now allows you to buy, sell, and store more than 30 cryptos on our platform. Learn more here.
Filecoin is the native token of the Filecoin Network. You can use FIL to purchase storage space on, and retrieve your files (i.e., data) from, the network. Miners receive FIL for storing your files and verify their services via cryptographic proofs. This decentralized model offers a compelling alternative to existing centralized cloud storage offerings.
Filecoin expands the range of our platform and furthers our mission to empower the individual through crypto, and we look forward to continuing to bring mission-oriented projects to you in the future.