How to Lend Storj (STORJ)

Introduction

Lending Storj can be an excellent choice for those looking to hold STORJ while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Storj (STORJ) Tokens

   To lend Storj, you must first possess it. To acquire Storj, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Storj (STORJ)	0,13 APY
   Binance	Storj (STORJ)	0,13 APY
   BTSE	Storj (STORJ)	0,13 APY
   Coinbase	Storj (STORJ)	0,13 APY
   Kraken	Storj (STORJ)	0,13 APY
   OKX	Storj (STORJ)	0,26 APY

   Check out all 53 prices

2. 2. Select a Storj Lender in Italy

   Once you have STORJ, you'll need to select a Storj lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Gemini	Storj (STORJ)	Up to 0,01% APY
   Kucoin	Storj (STORJ)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Storj in Italy

   Once you've selected a platform to lend your Storj, transfer your Storj into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks