A Step-by-Step-Guide on how to buy Storj (STORJ)
Step 1 – Signup to Kraken You will first need to purchase one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for any other Cryptocurrency. Click the button below for registration and getting Ethereum or Bitcoin.
Step 2 – Send Your Funds to an Exchange Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. All exchanges have a deposit form that is similar. Storj (STORJ) is available on Binance, so we will use that as an sample. Not sure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to) Make sure you've chosen the right coin you want to deposit. BTC must be sent to a BTC deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are working with a decentralized exchange, such as Airswap or DDEX could be divergent (Follow our manual).
Step 3 – Find Storj (STORJ) Once your deposit has been verified, you will immediately have access to your assets and you can initiate invest and trading. To purchase Storj (STORJ) on Binance, you'll want to hover over the ”Exchange” tab and after that mouse click on “Basic”. To spot Storj (STORJ), you will need to insert the cointype (STORJ) into the search-box, which is highlighted in the image. Make sure you have choosen the proper pairing, we have highlighted this also. Click on “STORJ/BTC” to go ahead.
Step 4 – Purchase Storj (STORJ) As soon as you have found Storj (STORJ), you'll be given a Chart with Prices (in the Center of the image) and a few Order Books (on the Left of the picture). For now we're making our own Limit Order. The ”Price” field will be automatically filled with the most latest price Storj (STORJ) was traded for. This can be changed to your favoured price. The ”Amount” field is the amount of STORJ you want to purchase. The ”Total” field is the whole price in Bitcoin that you will pay for the complete amount of STORJ. When you're glad, click on “Buy STORJ”. Your plan will be filled as soon as a Seller trades their STORJ for the price you introduced.
Step 5 – Withdraw Storj (STORJ) Unless you are regularly trading, never keep your crypto on an Cryptocurrency Exchange for an extended period of time. To take off your Storj (STORJ), hover over the ”Funds” tab and click on “Withdraw”. Storj (STORJ) can be stored safely using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide) Locate Storj (STORJ) by using the provided drop-down box. Put into the amount of Storj (STORJ) you'd wish to take off. Take into account the demonstrated minimus/fees. Also make sure you have filled your right withdraw address. If you're happy, make a mouse click on “Submit”. You could be requested for verfication via phone/email before a withdrawal.