Buy Storj (STORJ)

Follow the steps below to easily and securely buy Storj.

You can securely store your Storj in your Finst wallet. Some cryptocurrencies also support external wallets, allowing you to send your crypto to your own wallet if desired. We use state-of-the-art security measures to keep you and your crypto safe.

We work with Fireblocks, one of the most trusted crypto security infrastructure providers, to safely store your Storj. They make use of Multi-Party Computation (MPC) technology which is an advanced cryptographic technology used to protect your digital assets.

Additionally, Finst is the first and only Dutch crypto platform that has successfully conducted an extensive Proof of Reserves (PoR) audit. With Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, at Finst, you can easily buy Storj with iDEAL. We also support popular payment methods like SEPA and Bancontact.

At Finst, you can start investing in Storj with as little as €1. For many coins, it is not necessary to buy a whole coin.

Yes, it is safe to buy Storj through Finst. We are registered as a Crypto Service Provider (no. R189158) with the Dutch Central Bank (DNB), and we are the first and only Dutch crypto platform that successfully obtained a Proof of Reserves (PoR) from an independent and reputable audit firm (Audit Now). At Finst, your assets are segregated and held on a 1:1 basis, plus reserves.

Yes, buying Storj is legal in Europe. However, we advise you to do your own research before making a purchase.

Investing in cryptocurrencies like Storj involves risks of losses. You can lose (part of) your deposit. Before you decide to buy Storj, it is important to understand the risks.

Volatility: The price of Storj can fluctuate significantly. This means that its value can rise and fall quickly.

No guaranteed profit: Previous price increases do not guarantee future returns. Therefore, only invest money that you can afford to lose.

External factors: The price of Storj is influenced by external factors, such as economic conditions and the actions of influential individuals, governments, and institutions. These factors can have a positive or negative impact on the price.

When you buy Storj through Finst, you benefit from the most competitive trading fees of 0,15% per transaction.

Any fees you may encounter when trading crypto are clearly shown for every transaction on our platform.

It's important to note that network fees are outside of our control, as they are determined by the blockchain networks themselves.

This means that while network fees may vary depending on the blockchain and current demand, our trading fee remains consistent, helping you better manage your transaction costs.

No, due to laws and regulations, it is not possible to buy Storj or other cryptocurrencies anonymously on a regulated crypto platform in Europe.

At Finst, we support several order types to buy Storj: Market Order, Limit Order, and Auto Invest (DCA).

- With a Market Order, you buy Storj instantly at the best available market price.

- Do you want to buy Storj at a lower price? With a Limit Order, you set the maximum price you're willing to pay for Storj. Your order will be executed once your limit price is reached on the market.

- Do you want to invest in Storj without constantly checking the market? With Auto Invest, you can schedule automatic and recurring purchases. Whether you want to buy daily, weekly, bi-weekly, or monthly - you choose the frequency.

Yes, on our platform, you can easily buy Storj with a Limit Order. This allows you to set the maximum price you're willing to pay. Your order will be executed once the price of Storj reaches your limit price or lower.

A Limit Order is ideal if you want to wait for a better price without constantly monitoring the market.

Yes, with Auto Invest, you can set up daily, weekly, bi-weekly, or monthly purchases of your favorite crypto using the Dollar Cost Averaging (DCA) strategy. Create your own investment plan and DCA Storj without any action required or additional fees.

Do you prefer to store your crypto on your external wallet? At Finst, we have various cryptocurrencies enabled for automatic withdrawals, which are sent straight to your wallet after each recurring purchase.

Yes, you can send your Storj to an external wallet. With Finst, you can easily send your Storj to a hardware or a software wallet.

Yes, you can store Storj (STORJ) on hardware wallets such as Ledger or Trezor.

Storj (pronounced "Storage") is a decentralized cloud storage solution that utilizes blockchain technology, allowing users to store files securely and cost-effectively. Traditional cloud storage providers like Google Drive and Dropbox rely on centralized servers controlled by a single company. Storj, on the other hand, uses independent nodes spread across the world that offer storage space. This reduces the risk of data breaches or downtime while enhancing security and privacy, as only the user has access to their encrypted files. The STORJ token is the native cryptocurrency of the platform and is used to reward storage providers.

Storj operates as a decentralized peer-to-peer (P2P) network powered by the Ethereum blockchain. The Storj protocol stores files through three key steps:

• End-to-end encryption: Files uploaded to the network are encrypted using cryptographic algorithms. Only the owner with the private key can decrypt and access the files, ensuring maximum privacy and security.
• Sharding & distribution: All files are divided into small pieces, known as shards. These shards are distributed across the entire network of storage nodes, preventing anyone from having access to the full file. Users on the network can offer storage space to Storj and receive STORJ tokens in return.
• On-chain verification and file recovery: When a user wants to retrieve a file, the private key is used for verification to collect all the shards and reconstruct the file, making it available again to the user.

Storj was founded in 2014 by Shawn Wilkinson, a software developer passionate about blockchain technologies. Wilkinson envisioned combining unused storage with cryptography to create a more secure and efficient cloud storage solution. With Storj, he is considered a pioneer in decentralized cloud storage.

The establishment of Storj Labs in 2017, alongside co-founders John Quinn and Tome Boshevski, led to significant advancements. Storj Labs introduced various updates and improvements, making the platform one of the leading players in the decentralized cloud storage market.