Stablecoins are more popular and supported on many Revolut-like banks. No need for transfer fees. We can exchange directly to fiat.
Storj is supported on very few big exchanges, like Kraken.
This statement is inaccurate. All mayor exchanges plus many more local ones serving many different countries, including direct exchange to local currencies, have listed STORJ token. You can find the list of exchanges here.
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To anyone that didn’t click or want to visit the link 
There are 130 markets listed. This includes CEX/DEX. This does not seem like a few exchanges/markets.
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Even if it is supported, liquidity can be bad.
I had to wait repeatedly hours before a sell order got executed. Not nice when the price drops.
That’s not liquidity being bad: that’s you picking a price so high it took hours to find anyone who was willing to pay it 
Poor liquidity is when small buy/sells causes large price movements.
So trying to sell at current market prices is too high?
What I am talking about is exactly what liquidity means:
Liquidity is the term used in finance to refer to how easy it is to convert an asset to cash and not affect its market price.
If you have to discount heavily on the market price to be able to sell the STORJ you have received it is getting even worse. It means the market is not liquid at all.
There is no problem in selling USDT or USDC immediately. Selling STORJ took hours.
If you sold at current market price, you would sell immediately. When you place a sell order… you’re choosing not to sell at current market price… and hoping that a future market price eventually raises high enough to hit yours.
That’s fine, people bet on higher future prices all the time. But if they have to wait for the market to hit an-imaginary-price-in-their-head (or perhaps never reach that price at all), it’s not a liquidity issue. Like, I could wait a very long time trying to sell Microsoft stock for $1mil each… that’s not a liquidity problem 
It would be nice if Storj could offer a stablecoin payout one day though. But right now they can’t afford it.
There are exactly 2 options offered: 1. Sell immediately. 2. Enter a price and sell at specific target price.
And no, I did not choose option 2.
That’s why you should always use a hardware wallet. Just for storj and small amounts this would be too expensive, so there are lots of legit “soft” Wallets out there, just don’t install shady plugins into your browser, and sign shady smart contracts. Not your key not your money.
That’s right, and I also struggle with this. In my case I have a small buffer of around 1 or 2 payouts saved on my wallet (to sell in case of a new crypto bullrun). So when payouts are coming I send the estimated amount and sell it beforehand. Best case, when storj pays, its ±0.
I think this is preferred by lots of people, but that’s “Fighting windmills.”
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I don’t want to present this like an ad or something… I was looking for alternatives to Kraken and the biggest 24h trading volume Storj/Euro is on Bitvavo. Is the first time I hear about them. Reading through FAQ, I understand that it dosen’t require proof of funds for deposits and withdrawls under 25000€/24h, crypto and fiat included. There are no fees for euro withdrawls to a bank account, also.
So it seems a very good option for Storj payments. Does anyone has expirience with them?
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Bitvavo obtains MiCA licence from the Dutch Authority for the Financial Markets (AFM)
So whatever is required under MiCa regulation they will have to adhere to that. If required they will have to implement it. So the question is, if the current limits will remain for the future.
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Still requires unreasonably insecure KYC. 
Is this the official and only Storj Inc wallet from were you pay us monthly?
0x303EDCD8DbE1607fe512D45CC15d3E41fa4db44B
Can’t you whitelist it on exchanges or add it to some public list?
Is there a public list of wallets and their owners for business wallets, to be easily refferenced to any MiCA and Co. licensed exchanges and authorithies?
I tryed to contact Kraken support and send them some proof/screenshot that this wallet belongs to Storj Inc., but I can’t find it anywere on the storj.io or storj.dev sites.
I got this response from Kraken, so yeah, the only way to go with Kraken is by mining to your personal wallet, than transfer to them… I will try Bitvavo.
“Please note that this verification process has been implemented to comply with the new EU and UK regulatory changes.
If you’d like to read more about these changes, we invite you to review our Support Center article:
https://support.kraken.com/en-us/articles/209332309.
Under these updated rules, broadly referred to as the Travel Rule, Virtual Asset Service Providers (VASPs), including Kraken, must collect and exchange certain information about the parties involved in crypto transactions. These changes aim to enhance transparency and prevent illicit activity.
In line with this, we would like to refer you to our Terms of Service, which stipulate that transactions involving crypto assets cannot be sent to or received from third parties. All transactions to or from your Kraken account must be made from or to a wallet that you own and control.
This means that even though you are receiving regular payouts from Storj Inc., the sending wallet belongs to a third party and, unfortunately, cannot be whitelisted. This is not specific to Storj, it applies to all third-party wallets under the current regulations.
To comply, you would need to receive the tokens into a wallet you personally control and then transfer them to Kraken from there. We understand that this might involve additional fees, and we regret any inconvenience this causes. However, these steps are necessary for us to maintain compliance while continuing to serve clients in the EU.
If you have any questions about verifying your wallet or the process involved, we’re here to assist.”
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Personally I’ve also been enjoying the “feature” of depositing directly to a kraken address for my STORJ payout.. a shame an extra step will now be required.
For my part, I’ve switched back to MEW for payments from StorJ, I expect that the active wallet address on the nodes are pulled by the end of the month for processing. @Alexey can you confirm?
Yes, the new wallet address will be used for the next payout.
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Can anyone provide insights into Ethereum’s development? Will we see stable, low transaction prices in the future considering all the forks that have occurred and are planned?
If exchanges do not accept Storj payouts directly, this seems to be the only option. However, with high gas prices on Layer 1, it is quite ridiculous to follow this route: first, Storj incurs high transaction costs, and then the SNOs face also high transaction costs again. Who could possibly think this was a smart idea?
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I wonder how many exchanges actually do 
that. Since you research a lot, do you know any other exchanges that are affecting Storj hodlers ?
I do not have such numbers. It looks like currently each exchange handles this question differently. But the problem is that MiCAR and TFR will be the new rules for European SNOs and these regulations are here to stay and might force European exchanges to more and more control:
Why is proof of origin required for cryptocurrencies?
Proof of the origin of funds for crypto investments is required in the following situations:
- Crypto-to-FIAT transactions: When cryptocurrencies are converted into euros or other FIAT currencies, especially when withdrawing funds to a bank account.
- Large deposits: In Germany, the Money Laundering Act applies to amounts of €10,000 or more. However, crypto exchanges and banks may also request proof for lower amounts.
- Suspicious transaction patterns: Financial service providers are obliged to check suspicious transactions, such as those from known high-risk addresses, via mixers or tumblers, or with sanctioned addresses.
- Regulated crypto exchanges: Platforms such as Bitpanda, BISON or Kraken require proof of origin to comply with legal requirements.
- Banks: Especially for larger transfers from crypto exchanges to bank accounts.
- Tax authorities: Proof of origin may be required as part of tax audits.
- For other financial service providers if their services are used in connection with crypto assets.
Since the end of 2024, new EU rules (TFR) have imposed stricter controls on transfers exceeding €1,000 between exchanges and private wallets.
Basically this means whatever exchange and whenever they feel like it, they could request proof of source of funds.
So even if you have an exchange that allows receiving from third party wallets, if they believe there is something suspicious they can withhold the funds and request proof of source of funds. It is probably easier for them to not accept third party receipt at all.
Probably it would be different to receive from a 3rd party that is known to the exchange. So if Storj had an account at Kraken, Bitvavo or whatever, it might be that 1. there would be no transaction fees to transfer the payout and 2. there might be no issue with proof of source of funds as both parties are known to the exchange.
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I believe each exchange applies those rules in their own ways. Some impose a limit like 1000$ and above, some 25000$, others don’t have a limit and request for every new sender wallet.