Buy Storj (STORJ) in India at ₹10.928

Live STORJ/INR Price

₹10.928

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4.37%

Price Changes

₹0.47

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4.37%

24h Low

₹10.47

24h High

₹10.928

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Reasons to Buy Storj (STORJ)

• The encryption used in Storj makes it one of the standing players in the market.

• Users can earn STORJ by renting their unused storage space.

• Storj network has its cryptocurrency with the name of STORJ token.

What is Storj (STORJ)?

Storj was founded in 2014 but in 2017, it was migrated to the Ethereum blockchain and was able to raise $30 million in its ICO early that year.  

It was started with a vision to provide an open-source platform for cloud storage services. Storj leverages the power of blockchain technology and allows for easy storage of files with encryption on a distributed Peer-to-Peer (P2P) network. With the latest technologies and methods, it provides cheaper, faster, and more secure file storage than regular cloud services.

Things to consider before buying Storj (STORJ)

• It works on the Proof of Retrievability consensus algorithm.

• The users that share their available storage space for shards are known as Farmers and are nodes in the Storj network.

• Storj works on a similar mechanism as a torrent by encrypting & distributing the divided files across the network.

Highlight

Storj was started with a vision to provide an open-source platform for cloud storage services. With the latest technologies and methods, it provides cheaper, faster, and secure file storage than regular cloud services.

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Price Statistics

STORJ Price Today

STORJ Price

₹10.928

Price Change 24h

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4.37%

Price Change 7d

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2.65%

Market Rank

#421

Market Cap

₹444 Cr.

Trade Vol 24h

30 Cr

Circulating Supply

42 Cr. STORJ

Trading Activity

67% Buy33% Sell

FAQ's

1. How Can I Buy Storj In India?

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CoinSwitch App is the simplest way to buy Storj in India. Sign up now and start investing with ₹100

2. Can I Buy Storj (STORJ) Directly?

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To buy Storj directly, you can engage in a P2P (Peer to Peer) trade. Decentralized exchanges or DEX are an option that connects you with a seller, or you can buy Storj directly from someone you know. The catch here is the functionality of these decentralized exchanges that can make your process tiresome as well and it is difficult to find a trusted seller that can provide the cryptocurrency. Therefore, this route is suited only for pro traders.

People who are just starting their journey of cryptocurrency might want to take the simplified route and Download the CoinSwitch App!

3. How to Buy Storj Stock?

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You can buy Storj in just 4 steps on CoinSwitch:

• Open the CoinSwitch App, click on the Market tab from the bottom navigation, and select Storj.

• Click on the ‘Buy’ button.

• Enter the amount that you would like to buy Storj for, say ₹100, and click on the ‘Preview Buy button

• Check all the details of your order and proceed by clicking ‘Buy.’ 

 Congratulations, you just bought your first Storj!

4. What Price To Buy Storj (STORJ)?

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There is no definite answer for this question as a majority of cryptos are still evolving (in the development stage). The prices can surely rise in the coming years, and you would regret not buying it at low prices.

Instead, you can invest small amounts periodically and balance the opportunity and risk. Start investing in Storj for as low as ₹100

5. What Time To Buy Storj?

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There is no clock that shows the best time to invest in cryptos. If you are someone who looks for the prices to dip and then make the investment, you are missing out on the possible returns if you would be starting now. 

Start investing from now. You can even add small amounts periodically, or a better approach would be to invest a lump sum in Storj (STORJ) in dips and average your portfolio for better returns.

6. What Platform To Buy Storj (STORJ)?

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Just as making a payment could be the most complicated and tiresome job or as easy as processing with a click, buying cryptos also depends on the experience you choose.

Most of the crypto apps that are available in the market are complex to use with difficult functionality that can make your buying experience horrible; however, CoinSwitch provides complete peace of mind by allowing you to buy cryptos with a click.

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.