Help & FAQs / Filecoin Launch

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What are the fees for trading FIL?

Filecoin trading is subject to the same fee schedule as any other asset on CoinList and CoinList Pro. You can view the up to date fee schedule on CoinList.co/fees 



Other Filecoin Launch Questions

When will additional trading pairs be added for FIL?

FIL/UDST will launch shortly after the FIL/USD orderbook has matured. This may occur anywhere between several hours and several days. We will announce the launch of FIL/USDT via email. 


When is Filecoin mainnet launching?

Filecoin mainnet is expected to launch on block 148,888, which is currently expected to happen at around 7:30 AM PDT on October 15th. 

When does FIL trading start?

Filecoin trading on CoinList will start after mainnet launch, currently scheduled for 10/15/2020. The estimate for mainnet launch is on block 148,888 which would happen at approximately 10:30 AM PDT. Trading will commence in 3 phases: 


Pre-orders • Open Now


  • Users can now place FIL-USD pre-orders on CoinList Pro. Prior to mainnet launch, users can only place buy pre-orders with USD.
  • No trade matching will occur during this phase, but at the end of this phase, pre-orders will be considered firm and may be executed when live trading begins.
  • Users will be able to enter, modify and cancel orders, but will not be able to see other users’ bids and offers. 
  • The pre-order phase will last until there is sufficient order book depth for price discovery and trading stability.
  • CoinList will notify users approximately 30-minutes before the end of pre-orders.


Opening Price Calculation • Projected start Thursday 10:15 AM PDT


  • After the pre-order phase, the FIL-USD order book on CoinList Pro will be frozen. Users will no longer be able to enter any new orders or cancel existing orders. 
  • CoinList will calculate the opening price at which most orders can be filled.
  • Buy orders at or above the opening price and sell orders at or below the opening price from the pre-order phase will be settled on the basis of price-time priority at the opening price.


Live Trading • Projected start Thursday 10:30 AM PDT


  • Once the opening price is calculated, regular trading will be available for FIL-USD on CoinList Pro with full order book and trade matching. 
  • All order types will be accepted and immediately settled.
  • CoinList will display the aggregate volume for successful trades.


Soon after live FIL-USD trading stabilizes on CoinList Pro, we will list FIL-USDT. Also, we will open trading on CoinList.co and CoinList Mobile. 


The above timelines are all subject to change to ensure the safety and security of customer funds. CoinList will alert you via email as services become available or if there are significant delays to the above schedule. 




How to participate in FIL pre bidding

You can place your pre bid orders by following these instructions: 



When will mobile trading and buy/sell be available for FIL?

Mobile trading and buy/sell will be available several hours after the launch of the order book on CoinList Pro. 

Are there any limits on order sizes on launch?

No, there are no limits to the order sizes that you may place during the auction or during regular trading. You must have available FIL or USD in CoinList Pro to place an order. 


How to trade FIL on CoinList Pro

Filecoin will be available on CoinList Pro soon after mainnet launch, currently scheduled for 10/15/2020. The estimate for mainnet launch is on block 148,888 which would happen at approximately 7:30am PDT. Filecoin will launch on CoinList Pro sometime after the network is live and only once the network has stabilized and all services are functional. 


You will need USD to participate in Filecoin’s CoinList Pro launch. 


Depositing FIL into CoinList

Once the Filecoin network is live after block 148,888, you will be able to deposit FIL into your CoinList wallet. You can do that by: 

  • logging into your CoinList account 
  • visit coinlist.co/wallets
  • click on your FIL wallet 
  • click "Deposit" 
  • You will be able to find your FIL address to copy and paste 

Please note that it will take 240 confirmations for your FIL to arrive in your CoinList wallet. This will take approximately 2 hours. 

FAQ on CoinList Pro

You can find the FAQ for CoinList Pro here: https://coinlist.co/help/pro_trading

How to move my funds from CoinList to CoinList Pro?

In order to start participating in FIL’s CoinList Pro launch, you must send funds to CoinList Pro from your CoinList account. Please note that USD will be the only currency available to participate with on day one of network launch. Additionally, there are no transaction fees for moving funds from CoinList to CoinList Pro or vice versa and your funds should transfer instantly. 


  • Once your USD or crypto is in your wallet, visit the wallet that corresponds with the asset that you’d like to send to Pro. 
  • Once viewing the correct wallet, click “Send to Pro”
  • Input the amount you’d like to send to CoinList Pro
  • Click “Go to CoinList Pro”
  • Your funds will be sitting in your CoinList Pro account 


Withdrawing FIL out of CoinList

Once the Filecoin network is live after block 148,888, you will be able to deposit FIL into your CoinList wallet. You can do that by: 


  • logging into your CoinList account 
  • visit coinlist.co/wallets
  • click on your FIL wallet 
  • click "withdraw" 
  • You will be able to find your FIL address to copy and paste 

Withdraws are expected to go live later in the day on October 15th after sufficient testing with other custody solutions. Please note that FIL withdrawals will take 240 confirmations to successfully arrive at your destination address. This will take approximately 2 hours. 


How to fund my CoinList account with USD to participate in Filecoin

FIL/USD trading will launch on CoinList Pro Filecoin will launch on CoinList Pro on October 15th. You will need USD or FIL to participate. If you would like to participate in Filecoin’s CoinList Pro launch on day one you must fund your CoinList account with USD or FIL. Once you have your funds ready, you must transfer them to CoinList Pro to participate.


Below is an asset by asset breakdown on how to get USD or FIL in your CoinList account: 


USD

CoinList allows users to connect their bank account to their CoinList account for easy USD withdraws and deposits. You can connect your bank account by visiting https://coinlist.co/accounts/banking


If you would like to connect a domestic bank for ACH transfers, please select “Add Bank Account.”


If you would like to connect an international bank for wire transfers, please select “Add Wire Account.”


Here are the methods available to transfer USD into CoinList:

  • Domestic wire transfers – these should arrive in your account in one business day.
  • International wires – international wires can take 3-5 business days to clear and arrive in your account 
  • ACH transfers – ACH transfers can take 3-5 business days to clear 
  • Instant ACH transfers – CL users are able to instantly transfer funds over ACH to their account. Please note that while you may use your instantly transferred funds on CoinList, you will not be able to withdraw until your ACH clears in 3-5 business days. 


Once you have your USD in your CoinList wallet, you can transfer them to CoinList Pro by visiting your USD wallet and clicking “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 



FIL

You can deposit FIL and move it to Pro to participate by following these steps: 

  • Deposit FIL into your CoinList wallet 
  • Click "Send to Pro" – this will send your FIL to CoinList Pro where you will be able to use it on CoinList Pro


BTC

You can use BTC to fund your FIL participation by following these steps: 

  • Deposit BTC into your CoinList wallet 
  • While viewing your BTC wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Bitcoin” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of BTC you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


ETH

You can use ETH to fund your FIL participation by following these steps: 

  • Deposit ETH into your CoinList wallet 
  • While viewing your ETH wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Ethereum” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of ETH you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


USDC

You can use USDC to fund your FIL participation by following these steps: 

  • Deposit USDC into your CoinList wallet 
  • While viewing your USDC wallet, click “Convert to USD” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


USDT

You can use USDT to fund your FIL participation by following these steps: 

  • Deposit USDT into your CoinList wallet 
  • While viewing your USDT wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “Tether” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of USDT you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


CELO

You can use CELO to fund your FIL participation by following these steps: 

  • Deposit CELO into your CoinList wallet 
  • While viewing your CELO wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “CELO” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of CELO you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


ALGO

You can use ALGO to fund your FIL participation by following these steps: 

  • Deposit ALGO into your CoinList wallet 
  • While viewing your ALGO wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “ALGO” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of ALGO you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


OXT

You can use OXT to fund your FIL participation by following these steps: 

  • Deposit OXT into your CoinList wallet 
  • While viewing your OXT wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “OXT” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of OXT you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


MKR

You can use MKR to fund your FIL participation by following these steps: 

  • Deposit MKR into your CoinList wallet 
  • While viewing your MKR wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “MKR” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of MKR you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


NMR

You can use NMR to fund your FIL participation by following these steps: 

  • Deposit NMR into your CoinList wallet 
  • While viewing your NMR wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “NMR” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of NMR you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 


DAI

You can use DAI to fund your FIL participation by following these steps: 

  • Deposit DAI into your CoinList wallet 
  • While viewing your DAI wallet, click “Buy & Sell” 
  • Select “Sell” 
  • Select “DAI” in the Sell section and select “US Dollar” in the For section 
  • Select the amount of DAI you’d like to convert to USD 
  • Click “Preview Order” 
  • Click “Confirm Order” 
  • Visit your USD wallet and click “Send to Pro” – this will send your USD to CoinList Pro where you will be able to participate in FIL 



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