Recent Developments
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- Market capitalization
- $3.14B
- missing en-cn translation: common.volume-24h
- $292.89M
- Circulating supply in the market
- 620.26M FIL
Earn as much as
12% APY on your investments.
An in-depth guide on how to earn Filecoin (FIL) in the Chinese market
We have extensive data on earning Filecoin (FIL), and we are pleased to share some of this information with you.
We present you with various earning opportunities using different cryptocurrencies that may pique your interest.
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Lending Filecoin can be an excellent choice for individuals looking to hold FIL while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.
To lend Filecoin, you must first possess it. To acquire Filecoin, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
| Platform | Coin | Price |
|---|---|---|
| PrimeXBT | Filecoin (FIL) | 1.33 APY |
| YouHodler | Filecoin (FIL) | 1.33 APY |
| Binance | Filecoin (FIL) | 1.33 APY |
| BTSE | Filecoin (FIL) | 1.34 APY |
| OKX | Filecoin (FIL) | 1.33 APY |
| Uphold | Filecoin (FIL) | 2.66 APY |
Once you have FIL, you'll need to select a Filecoin lending platform to lend your tokens. You can explore several options available in the market here.
| Platform | Coin | APY |
|---|---|---|
| YouHodler | Filecoin (FIL) | Up to 12% APY |
| Bitget | Filecoin (FIL) | Up to 4.2% APY |
| Gemini | Filecoin (FIL) | Up to 0.01% APY |
Once you've selected a platform to earn your Filecoin, transfer your Filecoin into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.
Lending your cryptocurrency can involve significant risks