1 min read
Cryptocurrency exchange Coinbase today listed Filecoin (FIL), two months after the coin launched on mainnet. Filecoin's price jumped by about 3% following the listing to $32.
Filecoin is available in all Coinbase-supported regions and available at Coinbase’s website, as well as on Coinbase’s Android and iOS apps.
The token, which launched in October, had been a long time coming. Protocol Labs, the company that created Filecoin, raised $200 million in an ICO three years ago and planned to launch it far sooner.
Filecoin is, in effect, a decentralized Google Drive. Instead of letting Google host your files in a data center, a distributed network of computers hosts your encrypted files.
The price of a single Filecoin is $31.99, a 3.94% increase in the past 24 hours.
Coinbase is late to the game. The coin is already live on other major exchanges, among them Binance, Kraken and Huobi Global.
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