Review on Lobstr by LUIS RIVERO R
Specialized to store XLM. custody.
Lobstr has a really interesting and agile user interface that will allow you to store and use your Stellar Lumens and any other assets issued on this network.
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-The registration process is extremely simple, similar to the one carried out in exchange, it takes a few seconds to carry out this operation, it is important to note that you must configure the maximum level of security of this wallet to avoid inconveniences.
-It is totally online, that is, if you are looking for an option that allows you to be connected with your assets at any time this is an excellent alternative.
-It is very similar to an exchange, its interface, I mean the registration process and how it looks.
-The end user does not handle private keys in its entirety depends on the custody of LOBTR.
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In general, due to the way in which it was designed, it is perfect for making p2p payments, as well as for buying different cryptocurrencies using fiat money, in a safe and encrypted environment allowing you to keep your funds safe as long as you configure all the available security protocols . What I would recommend activating is the multi-signature service to manage withdrawals, you must always make confirmations required to process transactions and all payments made are notified in real time.
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Pros
- Service available for android and iOS devices.
- Storage with different security protocols.
- Easy-to-use, clean and clear user interface in each of the options.
- Synchronization to the secure and encrypted network.
- Standard security, to those used in exchanges. 2fa, pin, among others.
- Low transaction fees.
- Purchase of digital assets in a secure environment using the main fiat payment methods.
Cons
- Custodial
