How to Buy Storj (STORJ)

One of several competing crypto-powered cloud storage platforms, Storj aims to disrupt the file storage market by creating an option where users can store data without trusting any company, and where users can earn money operating this network. 

Not sure yet why you’d want to buy STORJ? Feel free to read our ‘What is Storj?’ guide. It offers a more extensive breakdown of its technology and vision. 

If you’re going to be using Storj, its cryptocurrency STORJ is pivotal for accessing its services. 

Those looking to store files on its network pay for that privilege using STORJ. In turn, those renting out their excess space get compensated in STORJ. 

There are a number of ways to buy STORJ. However, many find that it is easiest to purchase it through a trusted global exchange like Kraken. 

Aside from offering the lowest fees in the industry, Kraken is constantly rated one of the most secure and trusted crypto exchanges in the world. This matters because if you lose the private key to your STORJ, it can be challenging if not impossible to recover your funds. 

At Kraken, we take security seriously, with tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.

Follow the steps below to start buying STORJ on Kraken: 

1. Sign up for a Kraken account.
   First, enter a valid email address, create a new username and set a strong password to protect your account.

2. Verify your account. 
   After providing your name, date of birth, country of residence and phone number, you can buy STORJ with cryptocurrencies like ETH and DASH. In order to use cash (i.e. USD, AUD or EUR), you’ll need to provide our experts with additional supporting documents verifying your identity. Read about our verification processes here.

3. Deposit cash.
   You can fund your account in a number of ways. How you do so will depend upon your location and preferences.

4. Purchase STORJ!
   Once your account is funded with cash, you’re ready to buy STORJ. You’ll also get access to our advanced charting tools, 24-hour global client support and futures trading*. All of these features are why millions of global traders love Kraken.

*Trading futures, derivatives and other instruments using leverage involves an element of risk and may not be suitable for everyone. Read Kraken’s risk disclosure to learn more.

Once you buy STORJ, you’ll need somewhere to safely store your cryptocurrency. 

Kraken is secure, but it’s always safest to store your STORJ in a wallet, a software or hardware device that stores the public and private keys required to make crypto transactions.

There are many types of STORJ wallets available. Mobile and web wallets can make transactions easy, while hardware wallets are perhaps best suited for secure, long-term storage. 

When choosing a crypto wallet for your STORJ, first spend some time thinking about what you plan to do with your tokens to find a wallet that fits your needs.

Ready to take control over your data? Click the button below to buy STORJ on Kraken today!