You can use the STORJ token to buy storage on the Storj network to power apps and ecosystems built on the Storj platform, and to gain access to other services that may be offered by the Storj platform, such as DNS and TLS automation. You also will get a 10% bonus for using STORJ tokens as form of payment.
As the number of apps and ecosystems built on the Storj network grows, so too will the number of uses for the STORJ token!
The billing page for your satellite account offers an option to select your payment method. This is where you would choose "Add STORJ" which will then allow you to select the USD equivalent of the amount of STORJ Tokens you want to deposit from a drop-down menu, and then shows you the integrated STORJ CoinPayments deposit screen with the STORJ deposit address which you should send your STORJ Tokens to in order to be credited to your account (make sure popups are not blocked on your browser).
You should complete the deposit within two hours, otherwise the transaction will not go through and the tokens will be returned to the address you had sent them from. Once your STORJ deposit is confirmed by CoinPayments, the value of your STORJ deposit in USD will be shown in your Storj DCS account on the billing page as available balance after an additional waiting period which may last up to several hours, depending on the time taken by CoinPayments to pass the payment to the Storj DCS platform.
You can see more detailed instructions on how to pay with STORJ token in the billing & payment section of our Storj DCS documentation.
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