What is LOBSTR?

LOBSTR is an ideal platform for individuals eager to dive into the Stellar network. It is designed with user-friendliness, efficiency, and security in mind, providing all the necessary tools to effectively manage Lumens. With robust mobile and web applications, users can easily monitor their finances from nearly any location and at any time. Keeping track of market trends and price fluctuations is a seamless process, ensuring you stay ahead in the crypto game. LOBSTR prioritizes the protection of your Lumens and digital assets, employing advanced security measures such as two-factor authentication and multisignature protection. Its visually appealing design, straightforward interface, and helpful guidance make navigation intuitive and stress-free. This platform truly caters to newcomers in the cryptocurrency world by simplifying the overall experience. The Stellar network itself, serving as the backbone of this platform, is accessible to a variety of users, including businesses, banks, and individuals globally. It allows for rapid payment processing while maintaining low transaction fees, showcasing its reliability. As an open-source protocol, Stellar’s network ensures that all transactions are validated, providing secure and irreversible payments. Thus, LOBSTR emerges as a top-tier solution for managing Stellar Lumens and other assets, making it a crucial resource for anyone venturing into the realm of cryptocurrency. By leveraging LOBSTR, users not only enhance their financial management capabilities but also gain confidence in their investment choices.

Screenshots and Video

Company Facts

Company Name:
LOBSTR
Date Founded:
2014
Company Website:
lobstr.co

Product Details

Deployment
SaaS
iPhone
iPad
Android
Training Options
Documentation Hub
Video Library
Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

LOBSTR Categories and Features

LOBSTR Customer Reviews

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  • Reviewer Name: Tai P.
    Position: Analyst
    Has used product for: Less than 6 months
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Scammer wallet

    Updated: 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.

    Read More...
  • Reviewer Name: Justin H.
    Position: CMMS Administrator
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 26 - 99
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 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.
    *App seems to run slow compared to its system usages.
    *A complete overhaul to the trading charts. They are sub optimal at best.

    Read More...
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