HBTC will list FIL3 and open the trading of FIL3/USDT at 20:00 on July 24th, 2020 (UTC+8).
The deposit & withdrawal won’t be opened this time. FIL3 Internal Transfer will be enabled as appropriate after FIL3 trading opened.
FIL3 is a 3-month Futures of Filecoin. HBTC will conduct a token swap from FIL3 to FIL at a ratio of 1:1 three months after the launch of Filecoin Mainnet.
Filecoin is the incentive of IPFS which uses the token incentive model of the blockchain to build a decentralized storage network. The symbol of the Filecoin token is FIL. Filecoin aims to build a storage system and retrieval market by Filecoin incentive model. By providing storage and retrieval services, miners can obtain the FIL tokens paid by users.
What is IPFS
The Interplanetary File System (IPFS) is a protocol and peer-to-peer network for storing and sharing data in a distributed file system. IPFS uses content-addressing to uniquely identify each file in a global namespace connecting all computing devices. IPFS allows users to not only receive but host content, in a similar manner to BitTorrent. As opposed to a centrally located server, IPFS is built around a decentralized system of user-operators who hold a portion of the overall data, creating a resilient system of file storage and sharing.
Filecoin Website: https://Filecoin.io/
Digital Asset Trading can be a challenging and potentially profitable opportunity for investors. Users are strongly encouraged to carefully consider their investment objectives, level of experience, and risk appetite.
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July 23, 2020