How does LOBSTR work?

How does LOBSTR work?

Lobstr is a Lummens (XLM) wallet for Android and iOS. Lobstr is a quick and easy way to handle Lumens. It’s a simple, smooth and secure wallet. LOBSTR supports every asset issued on Stellar network: tethered assets, ICO, and airdrop tokens.

How do you get money from Lobstr?

How to withdraw assets in LOBSTR (step-by-step guide)

  1. Look for the ‘Deposit/Withdraw’ icon or buttons.
  2. On mobile apps, open the Assets page and look for the ‘Withdraw’ button on the Asset Details screen.
  3. Select the asset and сhoose the ‘Withdraw’ option.

What is a federation address crypto?

Federation address (or payment address) is linked to your Stellar address and represents a short and easy to remember alias created by LOBSTR for your convenience. Other users can easily enter your federation address instead of typing a long public key to send you funds.

Is Lobstr open source?

Quick and easy to use, LOBSTR Vault is an open source app that fully integrates with LOBSTR wallet and takes the security of your Stellar account to the next level. With LOBSTR wallet, StellarX, StellarTerm and Stellarport integration, there is no need to import Transaction XDRs.

Can I trust LOBSTR?

LOBSTR is a leading platform for managing Stellar Lumens and other assets issued on Stellar network. With over 700 positive reviews LOBSTR is one of the most popular and trusted solution for Stellar.

How do you transfer LOBSTR?

Simply append *lobstr.co at the end of the email to send funds. LOBSTR will take care of the rest. Recipients will be informed of an incoming money transfer: – Existing LOBSTR users will receive funds in their Stellar accounts.

Whats a federation address?

Federation address (or payment address) represents a short memorable alias for your Stellar wallet, which can be used instead of your public key to receive payments on Stellar.

How safe is LOBSTR?

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