Storj (STORJ) - All you need to know

Learn all about the Storj cryptocurrency. This page is full of beginner-friendly guides, useful tips, and practical advice to help you get started and get some Storj coins.
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Updated: Jan 28, 2022

Ways to invest in Storj

You can start by signing up to a cryptocurrency broker or exchange platform. Once you’ve created an account, you can buy, sell, and trade coins freely to suit your investing style.

If you want to get in for the long term, there are alternatives to holding your own coins. There are managed portfolios that do most of the work for you, or apps and wallets that you can use to store your coins and earn interest to grow their value over time. Use the links below to learn more about each different approach.

Get started guides

What is Storj?

The Storj network is a decentralised peer-to-peer data storage alternative to traditional file hosting companies such as Dropbox, and Storjcoin X was the first iteration of the cryptocurrency created by Storj Labs for use as payment in the Storj network. 

In 2017, Storj Labs migrated Storjcoin X to STORJ due to some limitations of the original token. STORJ is an ERC-20 token powered by Ethereum.

How does Storj work?

The Storj network works by linking people with excess data storage capacity with people who need more space. Users who have signed up to the network either earn STORJ by becoming Node Operators and offering up their spare hard drive capacity or they can buy STORJ and use it to pay for extra storage.

How to invest in Storj

The list below explains all the different options available to you. Read through them all to get to grips with what you can do and use the information to help you form a strategy based on your investing goals.

Where can I buy Storj coin now?

1
Min. Deposit
$10
Promotion
User Score
10
Accepts customers from the USA
Deposit $100 and get a $10 bonus!* Build a diversified portfolio with crypto, stocks, and ETFs — all in one place.
Trade on the world's leading social trading and investing platform
Start Trading
Description:
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Payment Methods
Bank Transfer, Wire Transfer
Full regulations list:
CySEC, FCA
Cryptoasset investing is unregulated in some EU countries. No consumer protection. Your capital is at risk.
2
Min. Deposit
$0
Promotion
User Score
9.3
No Hidden Fees
Instant Trading
Secure & Transparent
Start Trading
Description:
World's longest-standing crypto exchange. Since 2011 Bitstamp has been providing a secure and reliable trading venue to over four million individuals and a range of institutional partners.
Payment Methods
Full regulations list:
3
Min. Deposit
$1
Promotion
User Score
8.7
0% deposit fees, 0% withdrawal fees, 0% trading commissions
Set up automated trades and up to 50 limit orders with ease
Buy and sell 90+ cryptos and utility tokens, precious metals and national currencies with as little as $1
Start Trading
Description:
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
Payment Methods
Full regulations list:

Recent Storj news

Latest Storj price analysis

Best tokens to watch out for this week: COMP, 1INCH, STX, AAVE and STORJ
June 21, 2022

Fact-checking & references

Our editors fact-check all content to ensure compliance with our strict editorial policy. The information in this article is supported by the following reliable sources.

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Invezz is a place where people can find reliable, unbiased information about finance, trading, and investing – but we do not offer financial advice and users should always carry out their own research. The assets covered on this website, including stocks, cryptocurrencies, and commodities can be highly volatile and new investors often lose money. Success in the financial markets is not guaranteed, and users should never invest more than they can afford to lose. You should consider your own personal circumstances and take the time to explore all your options before making any investment. Read our risk disclaimer >

James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.