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Type of review

Revainrating 3 out of 5

Lack of security features when it comes to privacy and anonymity.

Simple to utilize interface of Lobstr furnishes you with an outline of the Stellar coin and menu with alternatives. On the main page you can check your portfolio. One of the most secure and simple to utilize wallets for Stellar (XLM) is Lobstr. Not the official customer but rather at any rate suggested by the Stellar group, it offers various highlights, for example, encryption, PIN choice in the versatile adaptation and Two-Factor Authentication (2FA) for both portable and internet browser. The

Pros
  • Lobstr offer an implicit trade to exchange XLM and its tokens with both Bitcoin and fiat monetary forms.
  • Two-Factor Authentication (2FA) this is an extra security layer mentioning you to enter an additional data to get to your wallet.
  • All the clients in the Stellar system can peruse the code and propose adjustments.
  • Profoundly responsive and dynamic with regards to explaining issues and answer questions.
Cons
  • Private keys are kept in a Stellar worker encoded with your secret phrase yet anyway you're not the one in control to guard them.
  • With the exception of the Stellar and its token, there's no other coin bolster included.

Revainrating 3 out of 5

Lobstr Is Good For Storing XLM.

Created by Joe McCaleb the founder of ripple for Lobstr. though it is not officially made by stellar lumen themselves but is one of the wallet that they approve and you can download it directly from their website. Lobstr wallet is known for it's simplicity and security. To use this wallet after downloading it you will have some instruction to follow on how to activate it, but know that you will need your phone number and email to activate it. Before your account will be activated you will need…

Pros
  • Registration is simple.
  • Though not made officially by stellar, but they approved it on their website.
  • The wallet is compatible for both web and mobile devices.
  • It has good security.
  • it can store XLM and all the tokens based on the stellar network.
  • Has Dex Exchange integrated into it.
Cons
  • It only support stellar and its derivatives.
  • It is not heirarchical deterministic wallet.

Revainrating 4 out of 5

Own token wallet.

Lobstr It is an open source wallet available for mobile compatible with android and ios, its application has an optimized interface for inexperienced users making its movements and actions within the wallet simple and fast. Lobstr supports two cryptocurrencies in its storage, stellar lumen tokens and blockchain XLM tokens. With this wallet you can save your coins and then trade them with an external exchange that it recommends. The security of this wallet is avant-garde since it starts…

Pros
  • The interface is comfortable and easy to use, it is a decentralized wallet.
Cons
  • Their accepted tokens are not very popular, you have to know who to trade them with.

Revainrating 4 out of 5

Lobstr is one of the wallets

Lobstr is one of the wallets whose main function is to save your digital assets, avoiding all kinds of risks, this is one of the wallets with multiple functions in order to benefit the user, this wallet has an external exchange, thus offering users to be able to exchange cryptocurrencies without problem, in addition this whole process is really safe since it has the 2-factor authentication security method, or you can use your fingerprint to unlock, taking into account the private keys that are…

Pros
  • This has a very good interface with a very simple development and easy to use, facilitating the use of the wallet.
  • The wallet is one of the safest on the market since it has a 2-factor authentication method.
  • Lobstr allows all tokens on the Stellar Lumen blockchain to be stored on it
Cons
  • has a low accepted range of assets  

Revainrating 4 out of 5

Lobstr.

Lobstr is an excellent wallet so that users can store cryptocurrencies easily and safely, this wallet is designed so that users can use it easily and safely, due to which it has a very attractive design in addition to having a mobile application for Android and iOS. This wallet is on the Stellar Lumen blockchain which gives users a lot of protection and an assistant in customer service help. Overall this is an excellent wallet for users to send and receive cryptocurrencies and store them…

Pros
  • It is a Stellar Lumen chain wallet.
  • It has a mobile application for Android and iOS.
  • It has an excellent design.
  • The speed of operations is fast.
Cons
  • No comment so far.

Revainrating 4 out of 5

Lobstr.

Lobstr is a very popular wallet that has many features so that users can safeguard assets easily and quickly, since it is a very simple wallet to use for users, it will be easier to make payments and transfers. This wallet is based on the Stellart network in addition to having very low fees when users make transfers. In security, it has verification of two, different encryptions and secret keys to improve the user experience. It also has a mobile application for Android and iOS so that users…

Pros
  • This wallet supports Master Card and VISA.
  • It is a wallet with a large number of users.
Cons
  • No comment so far.

Revainrating 5 out of 5

Lobstr is the best Wallet for Stellar Lumens

Lobstr is very popular among cryptocurrency lovers, because it has around 200,000 active users for 6 years since it was founded in 2014 and is officially registered in Belarus. Losbtr is a wallet built on the Stellar Lumens Platform, this wallet is very easy for us to use for one day transactions and certainly this wallet is very cheap transaction fees. When we talk about security, this wallet has a high level of security for our crypto assets because it supports 2FA security and Multisig…

Pros
  • Fast Transaction
  • Lower Fee
  • Any Support Center
Cons
  • The wallet will not auto log out 

Revainrating 3 out of 5

Lobstr

NoneThis wallet is one of the best options on the market since it is very complete in every way and has good security. An easy-to-use interface for transactions such as deposits, transfers and withdrawals so that the user does not have much difficulty with these tasks and a fast level of processing

Pros
  • Great security
Cons
  • None

Revainrating 4 out of 5

LOBSTR is one of the first XLM wallets...

LOBSTR is one of the first XLM wallets on the cryptocurrency market that was founded in 2014 and officially registered in Belarus. LOBSTR wallet is provided by Ultra Stellar, LLC, an independent commercial entity unaffiliated with the Stellar Development Foundation. When using LOBSTR wallet, you are directly communicating with the Horizon Stellar API and the Stellar network operated by a decentralized network of several trusted organizations running validators. LOBSTR can be called almost t

Pros
  • Integrated exchange
  • Fiat option
  • Two-factor authentication (2FA)
  • Open-source
  • Touch ID support
  • Real-time cryptocurrency price updates
  • Merge tool
  • Help desk
  • Mobile app
Cons
  • The low range of currencies (since it is Stellar wallet)
  • Lack of Hierarchical Deterministic Generator

Revainrating 3 out of 5

Lobstr - Love Stellar Lumen

Lobstr is a good wallet for managing assets on Stellar Lumen blockchain. The wallet is well-designed with many good functions that act as a good assistant helping the owners protect and make profits from their coins and tokens. I definitely recommend this wallet to XLM lovers

Pros
  • - Account registration is as simple as possible. All we need is an email address, a mobile phone number and a new password. The account will be activated after email verification. Lobstr will credit your account with one and a half XLM to activate the address
  • - The interface of the app is so well-designed giving a very comfortable feeling using it. It is also very easy to navigate where we can do certain task as the layout is well-arranged and obvious. Users can always find useful instructions and tips with the useful help centrer
  • - Your account on Lobstr will be secured with some security methods such as two factor authentication, or fingerprint unlock. It is also open-sourced whose source code can be found on GitHub; therefore, it is totally transparent about the operation and security. Developers can build their products around this wallet easily
  • - Users can find their support at Help Center (a FAQ page which gives quick answer for frequently asked question), via email (provided on their website), or the chat box ( on the right of the website)
  • - Lobstr allows all the tokens on Stellar Lumen blockchain to be stored on it. Sending and receiving XLM and tokens on XLM blockchain is very easy, quick and convenient. Besides the addresses, they can be transferred through QR codes, phone numbers, and email addresses. It is up to the choice of users
  • - It has an external exchange that help users trade the assets on the blockchain conveniently on the app
  • - Lobstr is well known among Stellar Lumen community and it is listed on the official website of the blockchain so users can rest assured
Cons
  • - The wallet will not auto log out when you turn it off. It may be not secure if someone takes the control of the wallet
  • - Asking for email is maybe OK but asking for a mobile phone in registration stage is a little bit not private enough.
  • - Lobstr required the possession of the assets to use the exchange inside it. This prevents users to preview the exchange before deciding to send their assets (which are precious) to the wallet