Lobstr Wallet

LOBSTR is a simple and secure platform to manage your Stellar Lumens and other digital assets issued on Stellar network. You can buy, sell, trade, store, and track your funds …

LOBSTR is a wallet designed for the Stellar network, allowing users to manage Stellar-based assets. Here is a general guide on how to set up a LOBSTR wallet:

Setting Up LOBSTR Wallet:

  1. Download the App:

    • Visit the official LOBSTR website or download the LOBSTR app from your app store (available for both iOS and Android).

  2. Install the App:

    • Install the LOBSTR app on your mobile device.

  3. Create a New Account:

    • Open the LOBSTR app.

    • Create a new account by providing a secure password.

  4. Recovery Phrase (Optional):

    • Some wallets, including LOBSTR, may provide a recovery phrase during the account creation process. If prompted, make sure to securely store this recovery phrase as it is crucial for recovering your wallet in case of loss or device change.

  5. Secure Your Account:

    • Follow any additional security measures provided by LOBSTR, such as setting up two-factor authentication (if available).

  6. Explore the Wallet:

    • Once your account is set up, explore the wallet interface. LOBSTR typically allows you to send and receive Stellar (XLM) and other Stellar-based tokens.

  7. Adding Assets:

    • LOBSTR supports various assets on the Stellar network. You can add and manage these assets within the wallet. Look for options like "Add Asset" or "Add Token."

  8. Sending and Receiving Stellar:

    • To receive XLM or other Stellar tokens, provide your wallet address to the sender.

    • To send XLM or other tokens, use the "Send" or "Transfer" feature within the LOBSTR app.

  9. Security Measures:

    • Familiarize yourself with the security features of LOBSTR, and always use secure practices, such as keeping your password and recovery phrase confidential.

  10. Keep the App Updated:

  • Regularly check for updates to the LOBSTR app and keep it up to date to benefit from the latest features and security enhancements.

Always refer to the official LOBSTR documentation or support resources for the most accurate and up-to-date information, as the setup process and features may evolve over time.

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