Introduction
Lending Storj can be a great option for those who want to hold STORJ but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.
Step-by-Step Guide
1. Obtain Storj (STORJ) Tokens
To lend Storj, you need to have it. To get Storj, you’ll need to buy it. You can choose from these popular exchanges.
See all 52 pricesPlatform Coin Price Uphold Storj (STORJ) 0,27 Kraken Storj (STORJ) 0,26 OKX Storj (STORJ) 0,26 Binance Storj (STORJ) 0,26 BTSE Storj (STORJ) 0,26 Coinbase Storj (STORJ) 0,26 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.
See all 4 lending ratesPlatform Coin Interest rate Kucoin Storj (STORJ) Up to 0,5% APY Gemini Storj (STORJ) Up to 0,01% APY 3. Earn Storj
Once you've chosen a platform to earn your Storj, transfer your Storj into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure 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.
Latest Movements
Storj (STORJ) is presently priced at US$0,01 with a 24-hour trading volume of US$35,57M. The market cap of Storj stands at US$76,14M, with 143,79M STORJ in circulation. For those interested in buying or trading Storj, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$76,14M
- 24h trading volume
- US$35,57M
- Circulating supply
- 143,79M STORJ