How to Earn Filecoin (FIL): A Comprehensive Guide for Australians

Introduction

Lending Filecoin can be a great option for those who want to hold FIL while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Filecoin (FIL) tokens
To lend Filecoin, you need to possess it. To acquire Filecoin, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT Filecoin (FIL) 1.46
YouHodler Filecoin (FIL) 1.46
Binance Filecoin (FIL) 1.46
BTSE Filecoin (FIL) 1.47
OKX Filecoin (FIL) 1.46
Uphold Filecoin (FIL) 2.66
See all 46 prices
2. Choose a Filecoin lender
Once you have FIL, you'll need to choose a Filecoin lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
YouHodler Filecoin (FIL) Up to 12% p.a.
Bitget Filecoin (FIL) Up to 4.2% p.a.
Gemini Filecoin (FIL) Up to 0.01% p.a.
See all 5 lending rates
3. Earn Filecoin
Once you've chosen a platform to earn your Filecoin, transfer your Filecoin into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
PrimeXBT	Filecoin (FIL)	1.46
YouHodler	Filecoin (FIL)	1.46
Binance	Filecoin (FIL)	1.46
BTSE	Filecoin (FIL)	1.47
OKX	Filecoin (FIL)	1.46
Uphold	Filecoin (FIL)	2.66

Platform	Coin	Interest rate
YouHodler	Filecoin (FIL)	Up to 12% p.a.
Bitget	Filecoin (FIL)	Up to 4.2% p.a.
Gemini	Filecoin (FIL)	Up to 0.01% p.a.

What to Be Aware Of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Filecoin (FIL) is currently priced at USD 4.2 with a 24-hour trading volume of USD 292.89M. The market cap of Filecoin stands at USD 3.14B, with 620.26M FIL in circulation. For those looking to buy or trade Filecoin, YouHodler offers avenues to do so securely and efficiently}

Market capitalisation: USD 3.14B
24-hour volume: USD 292.89M
Circulating supply: 620.26M FIL

See the latest information

Frequently Asked Questions About Lending Filecoin (FIL)

What are the current lending rates for Filecoin (FIL)?: Currently, there are three lending rates available for Filecoin (FIL), with an average rate of 12.06115%. The best lending rate is offered on the Bitget platform. It is important to monitor these rates, as they can fluctuate based on market conditions. For the most accurate and up-to-date information, consider checking Bitcompare regularly.
How can I find the best lending rates for Filecoin (FIL)?: To find the best lending rates for Filecoin (FIL), you can utilize platforms like Bitcompare, which provide real-time price comparisons and highlight available rates across various lending platforms. Currently, the best lending rate for FIL can be found on Bitget. Always check multiple sources and consider setting up email rate alerts for timely updates on any changes in the lending landscape.
What factors influence the lending rates of Filecoin (FIL)?: Filecoin (FIL) lending rates are influenced by several factors, including market demand for FIL, overall liquidity in the cryptocurrency market, and the specific policies of lending platforms. Additionally, changes in market sentiment and regulatory developments can also impact lending rates. By staying informed about these factors and regularly checking platforms like Bitcompare, you can better understand and anticipate shifts in the lending landscape for Filecoin.
Are there any risks associated with lending Filecoin (FIL)?: Yes, there are risks involved in lending Filecoin (FIL). These include the potential for platform defaults, where the lending service might fail to return your FIL, and market volatility, which can affect the value of your assets. Additionally, changes in interest rates can impact returns. It is essential to research lending platforms thoroughly and consider factors such as their reputation and security measures. Staying informed through resources like Bitcompare can help you make better decisions regarding lending FIL.
How do I begin lending my Filecoin (FIL)?: To begin lending your Filecoin (FIL), you must choose a reputable lending platform that supports FIL, such as Bitget or YouHodler. Create an account, complete any required verification processes, and deposit your FIL into the platform. After this, you can select your lending terms and interest rates. It is important to review the platform's terms and conditions carefully. Regularly check Bitcompare for real-time updates on lending rates and platform performance to optimize your lending strategy.

Filecoin FIL News

January 7, 2026Filecoin (FIL) declines as crypto markets retreat

FIL has support at the $1.52 level and resistance in the $1.59-$1.60 zone.

January 6, 2026Storage token Filecoin (FIL) rises on heavy volume

Trading activity was more than double the token's 30-day average, signaling heightened investor participation.

January 5, 2026Famed Coinbase (COIN) backer Fred Wilson predicts 2026 UX pivot for crypto

The VC mogul has previously said crypto apps must hide blockchain complexity or risk missing mass-market adoption.

Top Pairs for Filecoin

Frequently Asked Questions About Lending Filecoin (FIL)

Platform	Coin	Cost
PrimeXBT	Filecoin (FIL)	1.46
YouHodler	Filecoin (FIL)	1.46
Binance	Filecoin (FIL)	1.46
BTSE	Filecoin (FIL)	1.47
OKX	Filecoin (FIL)	1.46
Uphold	Filecoin (FIL)	2.66

Platform	Coin	Interest rate
YouHodler	Filecoin (FIL)	Up to 12% p.a.
Bitget	Filecoin (FIL)	Up to 4.2% p.a.
Gemini	Filecoin (FIL)	Up to 0.01% p.a.

What are the current lending rates for Filecoin (FIL)?

Currently, there are three lending rates available for Filecoin (FIL), with an average rate of 12.06115%. The best lending rate is offered on the Bitget platform. It is important to monitor these rates, as they can fluctuate based on market conditions. For the most accurate and up-to-date information, consider checking Bitcompare regularly.

How can I find the best lending rates for Filecoin (FIL)?

To find the best lending rates for Filecoin (FIL), you can utilize platforms like Bitcompare, which provide real-time price comparisons and highlight available rates across various lending platforms. Currently, the best lending rate for FIL can be found on Bitget. Always check multiple sources and consider setting up email rate alerts for timely updates on any changes in the lending landscape.

What factors influence the lending rates of Filecoin (FIL)?

Filecoin (FIL) lending rates are influenced by several factors, including market demand for FIL, overall liquidity in the cryptocurrency market, and the specific policies of lending platforms. Additionally, changes in market sentiment and regulatory developments can also impact lending rates. By staying informed about these factors and regularly checking platforms like Bitcompare, you can better understand and anticipate shifts in the lending landscape for Filecoin.

Are there any risks associated with lending Filecoin (FIL)?

Yes, there are risks involved in lending Filecoin (FIL). These include the potential for platform defaults, where the lending service might fail to return your FIL, and market volatility, which can affect the value of your assets. Additionally, changes in interest rates can impact returns. It is essential to research lending platforms thoroughly and consider factors such as their reputation and security measures. Staying informed through resources like Bitcompare can help you make better decisions regarding lending FIL.

How do I begin lending my Filecoin (FIL)?

To begin lending your Filecoin (FIL), you must choose a reputable lending platform that supports FIL, such as Bitget or YouHodler. Create an account, complete any required verification processes, and deposit your FIL into the platform. After this, you can select your lending terms and interest rates. It is important to review the platform's terms and conditions carefully. Regularly check Bitcompare for real-time updates on lending rates and platform performance to optimize your lending strategy.

Where and How to Earn Filecoin (FIL)

What you will learn