LOBSTR Description
LOBSTR serves as an excellent entry point for those looking to engage with the Stellar network. User-friendly, efficient, and safe, it equips you with everything necessary to manage your Lumens effectively. With our impressive mobile and web applications, you can oversee your finances from virtually anywhere at any time. Stay informed about market trends and track price movements effortlessly. LOBSTR ensures the safety of your Lumens and other digital assets through top-notch security features, including two-factor authentication and multisignature protection. Its appealing design, intuitive interface, straightforward instructions, and useful tips make it a breeze to navigate. LOBSTR simplifies the crypto experience for newcomers. Stellar, the underlying financial platform, is accessible to businesses, banks, and individuals worldwide. It facilitates quick payments, ensuring reliability at remarkably low transaction fees. As an open-source protocol for money exchange, Stellar's network validates transactions, enabling secure and irreversible payments. In summary, LOBSTR is a premier solution for managing Stellar Lumens and other assets within the Stellar ecosystem, making it an essential tool for anyone interested in cryptocurrency.
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LOBSTR Features and Options
LOBSTR User Reviews
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Great Way to Start Investing In the Digital Realm Date: May 16 2022
Summary: Lobstr changed by life and I am forever grateful. I understand good things take time. Keep the fight.
Positive: Asset Backed Digital Tokens are wrapped and represent ownership in the real world. Easy to jump right in and get started.
Negative: *Moonpay sucks for most of us, and its fees are crazy. Need to establish more and clearer on-ramps to allow for purchasing XLM via Debit/Credit Through Lobstr, such as how Coinbase Allows it.
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*App seems to run slow compared to its system usages.
*A complete overhaul to the trading charts. They are sub optimal at best. -
Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Scammer wallet Edited: Feb 29 2024
Summary: LOBSTR is full of scam tokens. I transferred over 19000 XLM tokens it was approximate $2000 in value. then I added the asset VELO (velo.network). So I can swap XLM to VELO. After swapping 19000 XLM to VELO, I had total approximate over 1 million tokens. And, I checked the amount on that day. I had over $2000k. I wished I could make the screen shot. But I did not. Next day, I checked it again, the amount of VELO I have over 1millions tokens which is only worth $167. And I checked the market cap for VELO by the time I saw my balance as $167 .The VELO was worth .0051 for 1 token. To do simple math if I multiply over 1million VELO tokens x .0051 I would have over $2000k but it showed only $167. I panicked I tried to withdraw 15 VELO to my wallet account but the transaction failed. Now my account has over 1millions VELO but I cant withdraw because it has worm alert on the VELO. After the incident, I made all the screen shot all the transactions. I am document everything. It only happening in 2 days my account balance from over $2000k to $167. And funny is I cant withdraw VELO out of LOBSTR. I am writing this on 02/28/2024 and it happened within 2 days ago.
Positive: None. I don't recommend people using this product. It is full of scammer coins here. Don't use the swap function.
Negative: They let the scammer coins on swapping tokens please stay away my money are gone.
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