LOBSTR Description
LOBSTR is a great method to get started with Stellar. It is simple, secure, and smooth. This allows you to manage your Lumens efficiently. Our web and mobile apps make it easy to manage your funds from anywhere. Keep track of prices and keep up-to-date with the markets. LOBSTR offers highly secure storage for your Lumens, digital assets, and multisig protection. Simple interface, clear instructions, and helpful tips make LOBSTR a great choice. LOBSTR is a great way to get started in crypto. Stellar is a stable financial platform that is open to individuals, banks, and businesses around the world. Stellar allows you to send payments instantly, securely and with very low fees. Stellar is an open-source currency exchange protocol. It validates transactions and allows for irreversible, cryptographically secure payments. LOBSTR is the leading platform for managing Stellar Lumens, and other assets on the Stellar network.
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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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