How to buy Storj (STORJ) in Australia

A beginner's guide to buying and selling STORJ in Australia.

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How to buy Storj

Look for an exchange that supports both fiat and cryptocurrency to simplify buying Storj.

  1. Open an account on an exchange that supports STORJ.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy Storj.
  3. Buy Storj.
    Complete your Storj purchase and then find the best wallet to store STORJ.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What is Storj?

Storj is an alternative to cloud storage platforms, such as those offered by Amazon and Google. Instead of a centralised company owning and maintaining the system, Storj relies on software and a network of computers to manage its data storage.

According to Storj documentation, the platform aims to connect users looking for storage space with those that have extra hard drive space. With this peer-to-peer (P2P) cloud storage network, it can facilitate end-to-end transactions and it means that users do not need to rely on a trusted third party. By removing any intermediaries, it addresses concerns related to security, privacy and data control, which are commonly associated with traditional cloud storage systems.

STORJ is the native token of the Storj network and was built using the ERC-20 (Ethereum-based) standard. The STORJ token allows users to pay data providers on the network to store their files. Users can earn STORJ by selling excess storage capacity and bandwidth.

Storj (STORJ) is the 271st largest cryptocurrency in the world by market cap, valued at $209,478,648. The current price of Storj is $1.46, which is 0.076% lower than yesterday. Prices have ranged between $1.46 and $1.37 over the past 24 hours. All prices are listed in US dollars and accurate as of September 16, 2021 04:09 UTC.

Where to buy Storj

Find an exchange to buy, sell and trade STORJ by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Swyftx Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Osko, PayID
AUD, NZD

284
cryptocurrencies

Finder Exclusive: Receive $10 BTC on Sign up and Verification.
Buy and sell a wide range of cryptocurrencies at competitive rates on this Australian exchange.
CoinSpot Cryptocurrency Exchange
Bank transfer, BPAY, Cash, Cryptocurrency, POLi, PayID
AUD

307
cryptocurrencies

CoinSpot is an Australian exchange that lets you easily buy, sell and trade more than 290 cryptos.
Binance Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Osko, PayID
USD, AUD, GBP, CAD, EUR, CNY, RUB, TRY, NGN, UAH & 40+ more

271
cryptocurrencies

Binance is the world’s largest exchange by trading volume. Get started with instant zero fee AUD deposits and withdrawals in Australia, and enjoy low trading fees, a wide selection of cryptocurrencies and 24/7 local customer support.
Digital Surge Cryptocurrency Exchange
Bank transfer, Cryptocurrency, POLi, Osko, PayID
AUD

276
cryptocurrencies

Finder Exclusive: New members get $10 bonus after verification. T&Cs apply.
An Australian based exchange with a focus on simplicity that allows users to purchase a range of cryptocurrencies with AUD.
Cointree Cryptocurrency Exchange
Cash, Cryptocurrency, POLi, PayID, Online banking
AUD

166
cryptocurrencies

Finder Exclusive: New members get $10 bonus after first trade. T&Cs apply.
Buy 160+ cryptocurrencies with fast-growth portfolio insights, and the ability to swap any coin to any other instantly.
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Gemini Cryptocurrency Exchange
Bank transfer (ACH)
USD, AUD, CAD, EUR, GBP, SGD, HKD

41
cryptocurrencies

Trade bitcoin, Ethereum and more at a US-based exchange where payments can be made in USD.
Crypto.com App
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
USD, AUD, CAD, CHF, EUR, GBP, NZD, SGD, JPY, ZAR & 9+ more

153
cryptocurrencies

Get 0% fees on credit/debit card purchases for 30 days after signup.
Buy 80+ cryptocurrencies, earn up to 8% on holdings, pay with your crypto for cashback at stores, get loans and more with this complete crypto-finance platform.
OKEx Cryptocurrency Exchange
Bank transfer, Cryptocurrency, iDEAL, PayPal, POLi, SEPA, Faster Payments (FPS)
USD, CNY, EUR, ARS, AUD, BGN, BRL, CAD, CHF, COP & 20+ more

269
cryptocurrencies

Promo: Earn US$10 in BTC when you refer a friend and they purchase $100 of cryptocurrency. T&Cs apply.
Listing over 100 cryptocurrencies, OKEx offers its users a variety of payment methods and coins to choose from.
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD

279
cryptocurrencies

Buy from one of the largest cryptocurrency exchanges with a selection of over 190+ cryptocurrencies and 3 USD pairings.
Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

165
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Spot trade all of the major cryptos on this full-featured exchange and margin trading platform.
Huobi Cryptocurrency Exchange
AdvCash, Cryptocurrency, SWIFT, Wire transfer
GBP, USD, AUD, EUR, INR, BRL, KHR, CAD,CNY, NZD & 15+ more

225
cryptocurrencies

Huobi is a digital currency exchange that allows its users to trade more than 190 cryptocurrency pairs.
Coinbase Pro
Bank transfer, Cryptocurrency, Debit card, PayPal, Wire transfer
USD, EUR, GBP

78
cryptocurrencies

Formerly known as GDAX, Coinbase Pro is a US-based exchange which offers fiat currency payment options, including wire transfer, ACH bank transfer and SEPA.
IDEX Cryptocurrency Exchange
Cryptocurrency
-

257
cryptocurrencies

A decentralised cryptocurrency exchange where you can trade over 250 ERC20 tokens.
ShapeShift Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, Banxa
-

50
cryptocurrencies

Quickly swap between more than 40 cryptocurrency assets or use your credit card to instantly buy bitcoin.
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Compare up to 4 providers

Storj at a glance

Information last updated September 16, 2021 04:09 UTC.
Coin symbolSTORJ
Total STORJ supply424,999,998
Circulating STORJ143,787,439
Current priceUS$1.46
Notable team membersBen Golub, Shawn Wilkinson
IndustryDecentralised cloud storage
Token usesUtility token
NetworkEthereum

Storj price performance over time

Historical prices compared with the price of US$1.46.

1 hour 5.37%
24 hours 0.08%
7 days 0.13%
14 days 5.53%
30 days 2.60%
60 days -1.55%
200 days 9.72%
1 year 80.53%

How to sell Storj

You can cash out your STORJ with the same exchange you bought it through:

  1. Sign in to the exchange you have STORJ on.
    If you store your Storj in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of STORJ you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of Storj.

What to consider when buying Storj

Storj uses a novel approach to tackle the issues associated with traditional cloud storage systems. However, investing in the platform and the token does not come without associated risks. Below are some factors to keep in mind before buying STORJ:
  • Supply: The maximum supply of tokens is fixed at 425 million. Other than through a cryptocurrency exchange, STORJ tokens can only be acquired by storage providers and node operators that farm tokens on the network by lending or staking.
  • Web3 infrastructure: Storj's network is built on the Ethereum blockchain and is compatible with decentralised Web3 applications. It allows users to remain in complete control of their own data via an automated secure system. This readiness for Web3 could place Storj in a stronger position compared to other data storage providers.
  • Adoption: The demand for the STORJ token rests with the adoption of the Storj network. If market share cannot be captured from traditional data storage providers, this will ultimately devalue the STORJ token.
  • Cost-efficient: The network operates Tardigrade, a developer tool that claims to be better than or equivalent to major cloud providers for reliability, durability, performance and security. The project also holds the potential to save businesses millions of dollars on cloud storage costs. Users of Tardigrade are incentivised to pay using STORJ tokens and are rewarded a bonus on any STORJ token deposit made by them. This helps users to cut down their cloud storage costs even further.

Disclaimer: Cryptocurrencies, including Storj, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of STORJ is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Storj or any other cryptocurrency discussed.
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