How to Earn Storj (STORJ): A Step-by-Step Guide for South Africans

Introduction

Lending Storj can be an excellent choice for those looking to hold STORJ while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire Storj (STORJ) Tokens
To lend Storj, you first need to possess it. To acquire Storj, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
PrimeXBT Storj (STORJ) 0,13
Binance Storj (STORJ) 0,13
BTSE Storj (STORJ) 0,13
Coinbase Storj (STORJ) 0,13
Kraken Storj (STORJ) 0,13
OKX Storj (STORJ) 0,26
View all 53 prices
2. Select a Storj Lender
Once you have STORJ, you'll need to select a Storj lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Gemini Storj (STORJ) Up to 0,01% APY
Kucoin Storj (STORJ) Up to 0,5% APY
View all 4 lending APYs
3. Earn Storj
Once you've selected a platform to earn your Storj, transfer your Storj into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.

Platform	Mint	Cost
PrimeXBT	Storj (STORJ)	0,13
Binance	Storj (STORJ)	0,13
BTSE	Storj (STORJ)	0,13
Coinbase	Storj (STORJ)	0,13
Kraken	Storj (STORJ)	0,13
OKX	Storj (STORJ)	0,26

Platform	Mint	APY
Gemini	Storj (STORJ)	Up to 0,01% APY
Kucoin	Storj (STORJ)	Up to 0,5% APY

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.