In 2014, Juan Benet proposed Filecoin — a decentralized storage network that was initially conceived as an incentivizing mechanism for the Interplanetary File System (IPFS). In 2017, Filecoin’s ICO raised $205 million, while its mainnet went live in October 2020. Backed by years of research and development efforts, Filecoin’s mission is to “store humanity’s most important information.” It leverages blockchain technology to challenge the monopoly of centralized cloud storage architectures, thereby enabling the hitherto-excluded users to access secure and seamless storage services. Filecoin secures its network using Proof-of-Replication and Proof-of-Spacetime consensus instead of the resource-intensive Proof-of-Work. The project’s native token, FIL, serves as the payment method for transactions on the platform.
Buy Filecoin on New Zealand’s top-rated crypto exchange, Swyftx.
Swyftx has ~4x lower spreads and ~2x cheaper trading fees when you buy Filecoin, than our closest competitors.
Verify online instantly without uploading documents and deposit NZD to purchase Filecoin.
Breached password detection and Two Factor Authentication help protect your account from scammers.
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Deposit and withdraw NZD via bank transfer.
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Easily secure your account with multi-factor authentication and biometric login. Swyftx also monitors other sites for data breaches that might result in compromises on your account.