{"id":842,"date":"2024-03-21T15:35:26","date_gmt":"2024-03-21T15:35:26","guid":{"rendered":"https:\/\/pi42.com\/blog\/?p=842"},"modified":"2024-03-25T15:36:44","modified_gmt":"2024-03-25T15:36:44","slug":"fil-inr-trading","status":"publish","type":"post","link":"https:\/\/pi42.com\/blog\/fil-inr-trading\/","title":{"rendered":"What is the New FIL\/INR pair on Pi42?"},"content":{"rendered":"\n<p>Greetings, Pi42 traders! We&#8217;re excited to welcome <strong>Filecoin (FIL)<\/strong> to our platform. Now, you can seamlessly buy, sell, and trade FIL tokens with Indian Rupees (INR) on Pi42.<\/p>\n\n\n\n<p><strong>What is Filecoin (FIL)?<\/strong><\/p>\n\n\n\n<p>Launched in 2017, Filecoin is a groundbreaking project aiming to revolutionise how data is stored. It&#8217;s a decentralised storage network that offers:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Secure and Reliable Storage:<\/strong> Filecoin leverages a network of distributed storage providers who compete to offer the most cost-effective and reliable data storage solutions.<\/li>\n\n\n\n<li><strong>Decentralised Infrastructure:<\/strong> Eliminates reliance on centralised cloud storage providers, offering greater security and censorship resistance.<\/li>\n\n\n\n<li><strong>Economic Incentives:<\/strong> FIL tokens incentivise network participants to contribute storage space and maintain the integrity of the network.<\/li>\n<\/ul>\n\n\n\n<p><strong>Key Features of Filecoin:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Proof-of-Replication (PoRep):<\/strong> Ensures data is reliably stored across multiple locations within the network.<\/li>\n\n\n\n<li><strong>Proof-of-Retrieval (PoRetrieval):<\/strong> Guarantees data availability and retrievability when needed.<\/li>\n\n\n\n<li><strong>Open Market for Storage:<\/strong> Users can choose from various storage providers based on price, performance, and reputation.<\/li>\n<\/ul>\n\n\n\n<p><strong>Trading FIL\/INR on Pi42:<\/strong><\/p>\n\n\n\n<p>Excited to be part of the future of decentralised storage? Here&#8217;s how to get started:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Login:<\/strong> Access your Pi42 account.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/wbjTerHSY2gIlL32LBmy0RvPRwVBSb0SnDWytPzN1cfMJP1iR46e25B8E3EonhdBeVRPmTnq6lNCxn7w43dBRnPkGdXJu9wM8uoHYuOiTNdxQCh_SHQ9SoGD-I1tWjWmPv4bELBN8UzyAtclaLTsO1k\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"2\">\n<li><strong>Navigate:<\/strong> Head to the trading terminal.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/4mbaDskN_l7VMfI2J4I6rLQspYJrv8oWt1KGyz2a6Fb0erVEYQy0ShKIu0lqTWT1lIRm_IPnlXhFKicnDlWxasAdjyDuh8VHmf-Zu6hSjoa4pypvam0tjUj9-jLTN8lJOmG2zypspEEbuw3kpJz-L00\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"3\">\n<li><strong>Select the Pair:<\/strong> Choose FIL\/INR from the dropdown menu.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/B8oBA7IaD3FtMgxVx-klabaKhoS2Q05V3_4qy_wROKoYHXJ_e1ygRxzgYgbpqXM_Wj2ktEjHwvNjEkI4W3HoomvLJZEiekv076VEEzaFK7USjGAyA7Bz0V7liEUzAiEDwlNl3l27OlLkyxflccYEsJI\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"4\">\n<li><strong>Define your Position:<\/strong> Enter the desired investment amount, select your preferred leverage (if applicable), and adjust the percentage according to minimum asset requirements.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/6OYzq8FVCAOc1UXwnzhnU_RfhizJL4yjnMPIDgUGokv54PIoUHfBv9PUnphIGnFL1DzSu7zt-PpCbo83-LRQquLrXIOtJrwHKpXHlD_-Z9xdf29Ni8hWhBirRHSVPHFmY_8G2rdAG7zYilSqGF6QlCI\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"5\">\n<li><strong>Set Limits (Optional):<\/strong> Establish Take Profit and Stop Loss orders to manage risk.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/_rVAsJe5tNG4NBPPGNYJf2f17EKsqeeoglJFh5sW5FJVOeTSI5nvsNZDf4y7xB-U1h9T5PXUTA5WFa4oR50MjddflKNpmIPWlEbbkPQTCVx6RRymEqAJXgqCUYDeK0nNhTOHgdeNgeactVaxRYQjczs\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"6\">\n<li><strong>Execute your Trade:<\/strong> Click Buy\/Long or Sell\/Short based on your market analysis.<\/li>\n<\/ol>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/l3196iMmmWRW9f9_tTuzbFojMLAv6VZswWjylPowbXdRAivqq47VI4Aj03EtTQrMps_U2842agqD0M-key5RYqANw8C9-pb41Zvm6pz_R92IQ_MdlAoLgMH4sr3jhVTX3nZYEs8TxeWW1JYeCdPr2uQ\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<ol class=\"wp-block-list\" start=\"7\">\n<li><strong>Track your Trade:<\/strong> Monitor your open positions in the &#8220;Orders and Positions&#8221; section below the trading chart.<\/li>\n<\/ol>\n\n\n\n<p><strong>Unlock the Potential of Filecoin-INR<\/strong><\/p>\n\n\n\n<div class=\"wp-block-buttons is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-16018d1d wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/pi42.com\/trade?symbol=FILINR\"><strong>Trade FIL-INR<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><strong>Disclaimer:<\/strong> This blog post is for informational purposes only and should not be considered financial advice. Please conduct your own research before making any investment decisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Greetings, Pi42 traders! We&#8217;re excited to welcome Filecoin (FIL) to our platform. Now, you can seamlessly buy, sell, and trade FIL tokens with Indian Rupees (INR) on Pi42. What is Filecoin (FIL)? Launched in 2017, Filecoin is a groundbreaking project aiming to revolutionise how data is stored. It&#8217;s a decentralised storage network that offers: Key [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":844,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[24],"tags":[11,6,9,103,102,101,100,99,12,10,8],"class_list":["post-842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-trading","tag-crypto-exchange","tag-crypto-futures","tag-crypto-trading","tag-file-coin-with-inr-trading","tag-file-with-inr-trading","tag-filecoin","tag-filecoin-india","tag-filecoin-trading","tag-indian-crypto-exchange","tag-pi42","tag-web3-community"],"acf":[],"jetpack_featured_media_url":"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2024\/03\/FIL-Blog.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/comments?post=842"}],"version-history":[{"count":1,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/842\/revisions"}],"predecessor-version":[{"id":843,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/842\/revisions\/843"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media\/844"}],"wp:attachment":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media?parent=842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/categories?post=842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/tags?post=842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}