How to buy FileCoin with ZAR in Eswatini

If you want to buy FileCoin but don`t know how to start, you`ve come to the right place.

Here you will find our easy-to-follow step-by-step guide on how to buy FileCoin in Eswatini with ZAR.

FIL / ZAR exchange rate for today

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Table of Contents

The Benefits of FileCoin

  • Filecoin is used as a decentralized peer-to-peer storage network that makes it secure and more efficient to store, access, and transfer data.
  • Users of Filecoin pay to store their files on the platform in the same manner as any other cloud storage provider, but in addition to storing users’ files, the platform allows users to store other data for a fee.
  • Filecoin enables users to have stateful programs that work with market operations, proof verification, and more. These perform user-defined operations where certain conditions must be met associated with market operations, proof verification, and spending tokens.

FileCoin price chart (FIL / ZAR)

Step 1: Register with a cryptocurrency exchange

To participate in the world of crypto-trading, you first need to sign up with a cryptocurrency exchange. These platforms are where you can buy, sell, and hold cryptocurrency.

There are plenty of cryptocurrency scams out there, so be sure to buy and sell on a reputable exchange.

Binance is one of the best places to buy FileCoin, especially if you live in the Eswatini. Registration is quick and simple, and the FIL is very easy to buy with ZAR.

Why is Binance the best?

  • Low transactions fees of 0.1% and below
  • 25% on trading fees paid with the BNB token
  • Binance is available all over the world
  • Supports a wide selection of over 500+ crypto assets
  • Over 50+ fiat currencies supported
  • Binance staking allows users to earn rewards on their crypto holdings
  • More trading options, including spot trading, margin trading, P2P, and futures trading
  • NFT marketplace to buy and sell NFTs
  • Different trading interfaces to accommodate every users’ trading experience
  • The Binance mobile app enables users to access their accounts and trade on the go
  • Binance Visa Card to spend your crypto hassle-free
  • The Binance Trust Wallet supports 53 blockchains and 1M+ assets.

Unfortunately, Binance is not available in the United States, and Americans can only trade on Binance.US, a Binance version that’s compatible with U.S. regulation.

How to Register on Binance

Firstly, click on the button below to register with Binance, it’s free and easy

Sign up on Binance

To get started, just enter your email address, create a password for your account and click [Create Account].

Your password should be a combination of numbers and letters. It should contain at least 8 characters, 1 upper case letter and 1 number for security.

For security verification, drag the puzzle piece to the right until it fits into its slot.

A 6-digit code will be sent to you via email. Enter it in the next screen.

Finally, you will reach the Welcome to Binance screen. This screen will outline some of the core features.

Step 2: Verify Your Account

Verification is a process used by exchanges to establish the identity of customers. It is necessary for any kind of financial transaction, especially those with higher levels of security or legitimacy. Any user who wants to trade crypto on exchanges must go through verification.

For new users, you may click [Get verified] on the homepage directly.

Click [Start Now] to verify your account.

Select your country (In your case Eswatini) of residence. You will then see the list of verification requirements for your country. Click [Continue].

Enter your personal information and click [Continue].

Next, you will need to upload pictures of your ID documents. Most users can choose to verify with a passport, ID card, or driver’s license.

After uploading the document photos, the system will ask for a selfie. Click [Upload File] to upload an existing photo from your computer.

After that, the system will ask you to complete face verification. Click [Continue] to finish face verification on your computer.

After you complete the process, please wait for Binance to review your data promptly. Once your application has been verified, Binance will send you an email notification.

Cryptocurrencies and blockchain continue to be favored targets for criminal activity. The ability to make anonymous transactions can allow criminals to engage in financial transactions with more impunity. KYC protocols and identity verification is an essential element for policing the market and protecting crypto investors from theft.

Step 3: Fund Your Account and buy FileCoin

To invest in FileCoin, you’ll need to deposit some money into your account.

Log in to your account, head over to the “Buy Crypto” section on the Binance toolbar, and choose the “Credit/Debit Card” option.

Select FileCoin and enter your order amount. The total price with fees will be calculated in the second bar.

After that, you will be prompted to enter your card details and after confirmation, you will finally buy your first FileCoin. Usually, it will take between 10 and 30 minutes for the crypto to appear in your Binance account.

How to Save 40% on Fees When Buying FileCoin

One way you can lower your trading fee is by keeping some Binance Coin in your account at all times so your fees can be taken from that. Doing this gets you 25% off all trading fees.

Also, don`t forget to use our unique registration link and get a 15% discount on fees on Binance.

In total, you get a 40% discount on all transaction fees!

Alternative ways to buy FileCoin

If you were unable to buy FileCoin on the exchange using ZAR, you can buy it using another cryptocurrency, such as Bitcoin. You can always buy BTC for the first time using platforms such as LocalBitcoins, then transfer your BTC to a Binance to buy FileCoin. In this case, you can further reduce costs.

Below are a few of the sellers in the Eswatini who sell bitcoins with ZAR.

SellerPayment method Information
ChimhogaSPECIFIC_BANKThank you for taking interest to trade with me. Looking forward to seamless trades. APPLICABLE BANKS: ** Standard Bank ✓ Nedbank ✓ ** INSTANT ESCROW RELEASE ON PAYMENT BEING SUCCESSFULLY CLEARED Account details will be provided when you open a Trade Request. Please NOTE that sometimes Nedbank transfers takes more than 24 hrs. ****METHODS OF PAYMENT AND CHARGE:**** 1. EFT - No additional charge **** TERMS & CONDITIONS *** 1. Transfer MUST be from your PERSONAL Account (STRICTLY NO 3rd PARTY PAYMENTS and NO BUSINESS ACCOUNTS PAYMENTS) 2. Name on Proof of Payment MUST match verified NAME on Localbitcoins 3. BANK NOTIFICATION is to be opted for during the Banking App / Internet Banking payment process. The email to use for the Bank Notification is [email protected] .By doing this an auto-generated proof of payment will be directly emailed to me. So proof of payment should not be forwarded from your personal email. 4. Further IDENTITY may be REQUIRED **** TERMS & CONDITIONS FOR ACCOUNTS LESS THAN 2 WEEKS OLD OR WITH LESS THAN 15 TRADE VOLUME IS AS FOLLOWS *** Due to high bank fraud from this category the following are required on our 1st trade: 1. Upload a copy of your ID 2. Upload a selfie holding your ID together with a piece of paper written the Trade Contact number/ Reference of the respective Trade that you open 3. BANK NOTIFICATION is to be opted for during the Banking App / Internet Banking payment process. The email to use for the Bank Notification is [email protected] .By doing this an auto-generated proof of payment will be directly emailed to me. So proof of payment should not be forwarded from your personal email. 4. Transfer MUST be from your PERSONAL Account and NAME on Proof of Payment MUST match NAME on ID and the Localbitcoins Verified NAME NB. PLEASE DONT MARK PAYMENT AS COMPLETE BEFORE YOU PAY!!!!! P.S. looking forward to trade with you.
kuzzyiTunes01SPECIFIC_BANKHello welcome to trade with me , looking forward to swift and efficient trades with good communication , please carefully read and understand all terms below before creating trade. SECURITY NOTE; For all new buyers except you already have a good rating reputation from other traders i require you attach a picture of your I.D and a selfie holding your I.D for verification especially for users with less than 2 weeks old account or with less than 15 completed trades, i also reserve the right to ask proof of residence or Further IDENTITY may be REQUIRED on any trade for obvious reasons. STRICTLY NO 3RD PARTY PAYMENTS , PAYMENT MUST BE MADE FROM YOUR OWN PERSONAL ACCOUNT. i will be providing you with NEDBANK or STANDARD BANK details to make EFT payment, i recommend you also use NEDBANK STANDARD BANK too, i don't accept ewallet or pay 2 cell! **Please NOTE sometimes Standard Bank OR Nedbank transfers may take up to 24-48hrs** ZERO TOLERANCE for FRAUD!!! I reserve the right to hold the coins or dispute the trade if I suspect any type of fraud or if failed to follow instructions. BEWARE OF SCAMMERS, I'M NOT AFFILIATED WITH ANY INVESTMENT SCHEME/BUSINESS/COMPANY. I DO NOT SELL BITCOIN FOR FRAUDULENT PURPOSES. If you have been asked to purchase bitcoin for a friend or on behalf of a third party or someone you met online, it is likely a scam. If you are unsure about this please feel free to message me and I will explain. THANKS and HAPPY TRADING . . . .

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Joseph Smith