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How to buy Storj (STORJ) in Canada

Learn how to buy Storj (STORJ) on 14+ crypto exchanges in our step-by-step guide.

OFFER

VirgoCX Cryptocurrency Exchange

VirgoCX Cryptocurrency Exchange logo
  • Trade STORJ and 70 other cryptos
  • Recurring buys & automated trading features
  • Get a $20 bonus when you open a new account and deposit $100+. T&Cs apply.
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Storj (STORJ) is the 458th largest cryptocurrency by market cap, valued at US$43,389,006.

Storj is a highly volatile asset capable of major price swings in a single day. Today STORJ is trading for $0.30174 USD, which is lower than yesterday's trading price of $0.3036753534 USD. Over the past year, Storj's price has seen a decrease of -48%.

So before you buy Storj, make sure you understand these unique risks as well as its legal and tax status here in Canada.

If you're ready to get started, read on for step-by-step instructions on how you can buy Storj.

How to buy Storj in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Storj is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Storj
    You can now exchange your funds for Storj. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Storj to your personal wallet.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Where to buy Storj in Canada

Find an exchange to buy, sell and trade STORJ by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

1 - 5 of 9
Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, CAD, AUD, GBP, CHF, JPY, AED

188
cryptocurrencies

Certain trading features are limited or unavailable to residents of Ontario and Quebec.
OFFER
VirgoCX Cryptocurrency Exchange
Cryptocurrency, Debit card, Interac e-Transfer, Wire transfer
CAD, USD

71
cryptocurrencies

Get a $20 bonus when you open a new account and deposit $100+. T&Cs apply.
Bybit Cryptocurrency Exchange
Bybit Cryptocurrency Exchange
Credit card, Cryptocurrency, Debit card, P2P
USD, AUD, CAD, EUR, GBP, NZD, HKD, JPY, SGD, PHP

376
cryptocurrencies

Highly volatile investment product. Your capital is at risk. Bybit is not available to residents of Ontario or Quebec.
Bittrex Global
Bittrex Global
Bank transfer, Credit card, Cryptocurrency, Debit card
USD, EUR

349
cryptocurrencies

Bitfinex Professional Trading Exchange
Credit card, Cryptocurrency, Bank Wire
USD, EUR, GBP, JPY

244
cryptocurrencies

Cryptocurrencies are a highly volatile investment product. Your capital is at risk.
Disclaimer: Star ratings are only displayed for products with 10 or more reviews.
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How we keep this Storj guide up-to-date

  • STORJ price data is regularly updated through data feeds so you always have the latest information.
  • Storj performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Storj?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Storj?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Storj.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing STORJ with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What are the best ways to buy Storj?

Once you've created an account, you will need to deposit funds to buy STORJ with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy STORJ:

  • Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
  • Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
  • Cryptocurrency: You can usually purchase STORJ by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for STORJ on the spot market to see what cryptocurrencies it can be traded for.

What is the easiest way to buy Storj?

The easiest way to buy STORJ is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying STORJ, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Storj has been performing recently.

Best Storj wallets to store your STORJ

You can keep your STORJ on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your STORJ below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Recent Storj developments

February 2022: Storj has vowed to move away from its Proof-of-Work consensus mechanism by the end of 2022 due to environmental concerns. It will move to Ethereum's Consensus Layer.
:
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

Is Storj a good investment?

Storj uses a novel approach to tackle the issues associated with traditional cloud storage systems. However, investing in the platform and the token does not come without associated risks. Below are some factors to keep in mind before buying STORJ:
  • Supply: The maximum supply of tokens is fixed at 425 million. Other than through a cryptocurrency exchange, STORJ tokens can only be acquired by storage providers and node operators that farm tokens on the network by lending or staking.
  • Web3 infrastructure: Storj's network is built on the Ethereum blockchain and is compatible with decentralised Web3 applications. It allows users to remain in complete control of their own data via an automated secure system. This readiness for Web3 could place Storj in a stronger position compared to other data storage providers.
  • Adoption: The demand for the STORJ token rests with the adoption of the Storj network. If market share cannot be captured from traditional data storage providers, this will ultimately devalue the STORJ token.
  • Cost-efficient: The network operates Tardigrade, a developer tool that claims to be better than or equivalent to major cloud providers for reliability, durability, performance and security. The project also holds the potential to save businesses millions of dollars on cloud storage costs. Users of Tardigrade are incentivised to pay using STORJ tokens and are rewarded a bonus on any STORJ token deposit made by them. This helps users to cut down their cloud storage costs even further.

Today's Storj price versus ATH

Compare today's price of Storj ($0.30174 USD) against its all-time-high price of $3.81 USD on 28 March 2021. The closer the bar is to 100%, the closer STORJ is to reaching its ATH again.

Storj's price: $0.30174
ATH date: March 28, 2021
7.92%

Storj ATH: $3.81


How to trade, convert or sell Storj

You can convert or sell your STORJ with the same exchange you bought it through:
  1. Sign in to the exchange you have STORJ on.
  2. If you store your Storj in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of STORJ you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Storj.
  6. Complete your transaction and move your STORJ to a wallet for storage.

Disclaimer: Cryptocurrencies, including Storj, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of STORJ is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Storj or any other cryptocurrency discussed.

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