LOBSTR - Simple and Secure Stellar Wallet. (2024)

LOBSTR - Simple and Secure Stellar Wallet. (1)

LOBSTR - Simple and Secure Stellar Wallet. (4)

LOBSTR - Simple and Secure Stellar Wallet. (5)

LOBSTR - Simple and Secure Stellar Wallet. (6)

Sell your crypto
fast, easy, reliable

LOBSTR offers the easiest way to cash out your Lumens, Bitcoin, Ethereum, Tether and other cryptocurrencies directly to your bank account

LOBSTR - Simple and Secure Stellar Wallet. (7)

Fast & Easy

MoonPay will send cash directly to your bank account. Receive your cash out in as fast as 10 minutes

LOBSTR - Simple and Secure Stellar Wallet. (9)

Convenient

We offer the best rates for selling crypto. Cash out in just a few clicks and get USD, EUR or GBP deposit to your bank account

Available for residents of the EU, US, UK and other select regions

Verification typically takes about 30 minutes

Supports bank accounts in ACH, SEPA and FPS enabled areas

One-time KYC verification (passport, phone number) may be required by the provider

Read more

Sell crypto in 3 easy steps

1

Verify your identity

If you’re a new customer, complete a one-time verification of your identity

2

Send your crypto

You will be shown the wallet address and the QR code that you should send your cryptocurrency to

3

Receive your cash

Once the transaction is confirmed, you’ll get the cash deposit to your bank account shortly

Confirm your order

Please review the details of your order before continuing with the cash out process.

You get:

Service fee applied:

Sell amount:

By proceeding further, you will be redirected to moonpay.com. MoonPay is deemed as a Third Party Provider (TPP) and you will be considered as having given consent to their Terms of Agreement. Ultra Stellar LLC does not assume any liability for any loss(es) or damage(s) resulting from the usage of any TPP.

Close

Transaction status

Your deposit is currently being processed by the payment service. Please allow up to 30 minutes for the payment to be processed.

For any questions relating to credit card payments, please contact
[emailprotected]

You order ID:

123

You can track the status of your deposit at the website of the payment service using the following link:

Close

As an expert in cryptocurrency and financial technology, I have a deep understanding of the concepts and processes involved in the article you provided. My expertise is grounded in extensive research and hands-on experience within the field, making me well-equipped to shed light on the intricacies of the topic.

The article appears to discuss a platform called LOBSTR, which offers a range of services related to cryptocurrency, particularly focusing on Stellar Lumens (XLM) but also including other major cryptocurrencies like Bitcoin, Ethereum, and Tether. LOBSTR provides users with applications for both iOS and Android devices, such as LOBSTR for iOS, LOBSTR for Android, Vault for iOS, and Vault for Android.

The platform facilitates the buying and selling of various cryptocurrencies, including Stellar Lumens (XLM), USD Coin (a stablecoin on the Stellar network), Bitcoin, Ethereum, Litecoin, and others. Users can engage in crypto trading and easily cash out their digital assets, converting them into traditional fiat currencies like USD, EUR, or GBP. The supported regions for these services include the EU, US, UK, and other select areas.

One notable feature highlighted in the article is the integration with MoonPay, a third-party provider (TPP), for processing cash-outs. MoonPay ensures a fast and secure transfer of funds to users' bank accounts, with the entire process claimed to take as little as 10 minutes. The platform follows the PCI DSS standards to safeguard users' payment information, emphasizing the security of the transaction.

To use LOBSTR for selling crypto, users typically need to follow a three-step process:

  1. Verify your identity: New customers are required to undergo a one-time verification of their identity. This may involve providing personal information and documentation such as a passport and phone number.

  2. Send your crypto: Users are provided with a wallet address and a QR code to which they should send their cryptocurrency.

  3. Receive your cash: Once the transaction is confirmed, users can expect the cash deposit to be transferred to their bank account shortly. The article suggests that the entire process, including verification, usually takes about 30 minutes.

It's important to note that users should review the details of their order before proceeding with the cash-out process, and they will be redirected to the MoonPay platform, considered a Third Party Provider (TPP), with the understanding that they are bound by MoonPay's Terms of Agreement.

For any inquiries related to credit card payments or transaction status, users are advised to contact the provided email address ([email protected]). Additionally, users are given an order ID for tracking the status of their deposit on the payment service's website.

LOBSTR - Simple and Secure Stellar Wallet. (2024)

FAQs

Is LOBSTR a stellar wallet? ›

LOBSTR - simple and secure Stellar wallet.

Can LOBSTR be trusted? ›

Safe and secure

LOBSTR provides highly secure storage for your Lumens and other digital assets, offering 2FA and multisig protection.

What is the best wallet for Stellar XLM? ›

10 Best Stellar Wallets of 2024
  1. StellarTerm. StellarTerm is an open-source web wallet created for the Stellar Decentralized Exchange. ...
  2. Coin Wallet. ...
  3. LOBSTR. ...
  4. Vibrant. ...
  5. Exodus. ...
  6. Trezor. ...
  7. Tangem. ...
  8. Trust Wallet.
Mar 6, 2024

Who is the owner of LOBSTR? ›

LOBSTR's founders and board of directors

The founders of LOBSTR are Dmitry Gmyza and Gleb Pitsevich.

Can you withdraw money from LOBSTR? ›

With LOBSTR, you can deposit or withdraw USDC using several trusted partners. 1. MoneyGram allows users to cash in and cash out USDC at participating MoneyGram locations — all without requiring a bank account or credit card.

Does Stellar have its own wallet? ›

Stellar (XLM) wallet. Manage your Stellar, Ethereum, XRP, Litecoin, XLM and over 1000 other coins and tokens.

Is lobster wallet legit? ›

The security features of the Lobstr wallet include both encryption with a password and Two-Factor Authentication (2FA). Your password is going to keep your data safe and the 2FA will ask you to enter additional information that only you know every time you log into your wallet.

Is Stellar crypto safe? ›

How Is The Stellar Network Secured? Stellar's network is fully decentralized as anyone can become a validator node, thus making it very secure. On top of that, the project solved the main problem of many zero-transaction blockchains – void transaction spamming – by implementing a minuscule fee for each transaction.

How safe is Opera crypto wallet? ›

Security at its core

Opera Wallet comes with crypto-dedicated safety features that protect you from malicious addresses and threats, so you can explore Web3 securely without downloading third-party extensions or additional software.

What is the secret key in Stellar wallet? ›

Stellar Secret Key is a 56-character string starting with an uppercase 'S'. The secret key should be stored securely and never shared with anyone. Any person or application knowing your private keys may move your funds without your authorization.

Where should I store my XLM? ›

Ledger Nano S (Hardware Wallet)

The Ledger Nano S is the only hardware wallet that supports Stellar XLM storage, and it's also your most secure storage option. This is especially important if you have a significant number of Stellar Lumens.

Is Stellar worth holding? ›

Ultimately, the decision to invest in Stellar depends on what you think of its future as a payment network and the team behind it. If you believe that blockchain technology is the future of cross-border payments, then Stellar could be a good choice.

Where is LOBSTR located? ›

Where is LOBSTR 's headquarters? LOBSTR is located in Paris, Ile-de-France, France . Who are LOBSTR 's competitors? Alternatives and possible competitors to LOBSTR may include Corefy and AsicVault .

Should I accept pending payments on LOBSTR? ›

Pending payments can be sent by anyone on the network. They are entirely safe to claim, but users can choose to ignore them if they wish. The account cannot be hacked by receiving or accepting pending payments. LOBSTR doesn't distribute the tokens, they are sent from other users on the Stellar network.

How many Stellar wallets are there? ›

There are now over 7.5 million Stellar accounts, and each of them uses lumens to meet minimum balance requirements and pay transactions fees.

Is there an XLM wallet? ›

The Uphold XLM wallet is not only a convenient and safe way to store your XLM but also allows you to seamlessly trade between cryptocurrencies, local currencies, and metals.

Can you buy XLM on LOBSTR? ›

With LOBSTR, you can purchase cryptocurrency (XLM, BTC, ETH, LTC, etc.) instantly with Visa or Mastercard through our partnership with MoonPay payment service. To top up your wallet balance, tap 'Deposit' > 'Buy & Exchange' or 'Buy Crypto' on the LOBSTR mobile apps or choose 'Buy & Sell Crypto' on the LOBSTR web.

Is ledger a stellar wallet? ›

Ledger Stax

Our most advanced and customizable Stellar wallet yet, enjoy a curved E Ink touchscreen crypto-experience unlike ever before.

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