Sign In
Sign Up
DeFinda Logo
Find & Compare DeFi Products
usd logo USD
Home Cryptocurrencies Filecoin
Filecoin logo Filecoin (FIL)

Filecoin Loans

Can I Take a Loan Out Using Filecoin As Collateral?

You could borrow against your Filecoin tokens at rates as low as 11.7% APY. Open an account and transfer your FIL tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Filecoin tokens to pay off the loan if necessary. The loan itself can be in a different currency to Filecoin. USDT and USDC are popular loan currencies.

690 matching crypto loans found
Platform Reviews Setup Fee LTV Rate
CeFi
Lithuania
94%
None
60%
FROM
11.7%
APY
TO
292%
APY
Go To SiteGo

When Can I Get a Filecoin Loan?

You could use your other crypto assets such as Bitcoin as collateral for a Filecoin loan. You could borrow Filecoin at rates as low as 11.7% APY. Open an account, transfer your collateral currency to the platform and then apply for a FIL loan. If you need some FIL tokens but don't want to sell your collateral tokens then this can be a useful option.

350 matching crypto loans found
Platform Reviews Setup Fee LTV Rate
CeFi
Lithuania
94%
None
UP TO
65%
FROM
11.7%
APY
TO
14.6%
APY
Go To SiteGo

Filecoin FAQs

AThe highest price that Filecoin ever reached was $236.84 USD. This all time high price occured on 1 Apr 2021.
AThe lowest price that Filecoin ever reached was $2.64 USD. This all time low price occured on 16 Dec 2022.
AYes Filecoin is mineable which means that new coins can be created by miners working on the network.
AYes, staking is available for Filecoin on a number of platforms. For a full list of Filecoin staking yields see our list of Filecoin staking yields.
AYou can earn up to 3.5% APR by staking your Filecoin tokens. Check out our Filecoin staking yields table for further details.
ARight now the best staking rates are on YouHodler with an income rate of up to 3.5% APR.
AYou can check the technical indicators for Filecoin on the Filecoin Price Trend tab. These indicators are based on the analysis of multiple trading signals for Filecoin.
AYou can find the cheapest exchange on which to buy Filecoin on the Filecoin Buy tab.
AYou can check which wallets support Filecoin on the Filecoin Wallets tab.
AAlmost all Filecoin loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Filecoin flash loans which allow you to borrow uncollateralised Filecoin for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Filecoin loans on the Filecoin Loans tab.
AThe following venture capital firms have invested in Filecoin: A16z, Blockchain Capital, BoostVC, DCG, Hashkey Capital, Pantera Capital, Polychain Capital and Winklevoss Capital.

Why Compare With Definda?

tick Completely Impartial

We always rank and compare products objectively and impartially.

tick Careful Research

We carefully research products for legitimacy before adding them to the platform.

tick We Never Sell Your Data

We never sell or disclose your data to anyone.

© DeFinda 2023