Filecoin is a decentralized protocol that provides storage solutions on a global scale. Any user is able to join the network - and the network of data is secured by the network. Filecoin ensures data is chopped up before being sent out, similar to a shredder, and can only be rearranged by Filecoin. Anyone is able to join the network, and earn FIL tokens for storing data.
How To Buy Filecoin in Australia
You can buy Filecoin in Australia by signing up for a free trading account with Swyftx Cryptocurrency Exchange. Creating an account is free and only takes a few minutes. After creating your account, you will need to take a photo of a Government issued-ID and upload it to the platform in order to verify your identity so that you can deposit AUD into your account (as per Australian Government regulations). Once verified, you can deposit AUD into your account using a variety of payment methods including OSKO, PayID, POLi, bank transfer and debit card deposits.
Trial Swyftx's Demo Mode
Swyftx has a demo mode that allows you to test our platform for free before depositing money and buying Filecoin. This demo mode gives you $20,000 of artificial currency which can then be used to buy, sell and trade all of the cryptocurrencies listed on Swyftx. Demo mode lets you practise trading, gives you an insight into the investment potentials of coins and presents a risk-free entry opportunity for people to get into crypto for the first time. Then, when you're ready to start trading with real currency, simply switch off demo mode, deposit AUD into your account and buy Filecoin.