Where and How to Lend Storj (STORJ)

Introduction

Lending Storj can be a great option for those who want to hold STORJ but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Storj (STORJ) Tokens

   To lend Storj, you need to have it. To acquire Storj, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Storj (STORJ)	0.34
   Kraken	Storj (STORJ)	0.33
   OKX	Storj (STORJ)	0.26
   Binance	Storj (STORJ)	0.34
   BTSE	Storj (STORJ)	0.34
   Coinbase	Storj (STORJ)	0.34

   See all 51 prices

2. 2. Choose a Storj Lender

   Once you have STORJ, you’ll need to choose a Storj lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Storj (STORJ)	Up to 0.5% AER
   Gemini	Storj (STORJ)	Up to 0.01% AER

   See all 4 lending rates

3. 3. Lend Your Storj

   Once you’ve chosen a platform to lend your Storj, transfer your Storj into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.