LOBSTR Vault is an exceptional solution for maximizing the security of your digital assets on the Stellar network. This user-friendly application allows you to create a locally stored signer account on your mobile device, configure multisig protection, and conveniently receive pending transactions within the app. The ability to verify transaction details, approve or reject them, provides a high level of confidence in the security of your crypto.
MULTISIGNATURE SECURITY
No matter which wallet you use to store your funds, relying on a single private key presents a vulnerability. By enabling multisig, the security of your Stellar account is significantly increased, safeguarding your wallet against in-person attacks as long as private keys are stored separately. LOBSTR Vault is a leading multisig solution that offers protection even if your private key is compromised or stolen.
LOCAL KEY STORAGE
Vault app generates a locally stored signer account during the onboarding process and uses it to confirm pending transactions on your device. Every account's private key is fully encrypted, securely stored in the local storage of your mobile device, and never accessed by our servers.
CONFIRM TRANSACTIONS
Once LOBSTR Vault protects your Stellar account, pending transactions are automatically sent to your signer device within seconds. To keep you up-to-date, the app displays push notifications for each incoming transaction request. You can review the transaction details and approve it if everything checks out.
CONTROL YOUR SECURITY LEVEL
LOBSTR Vault caters to professionals and novices alike, allowing you to configure any multisig setup that suits your needs. Use a single Vault signer to protect one or multiple Stellar wallets or create a sophisticated n-of-m multisignature setup that requires approvals from multiple signers for each transaction. The possibilities are endless!
USE WITH YOUR FAVORITE WALLET
The Vault app works seamlessly with LOBSTR wallet, enhancing the security of your Stellar account with just a few clicks. However, if you're using another service, rest assured that LOBSTR Vault is compatible with most wallets and exchanges operating on the Stellar Network.
VAULT SIGNER CARD
Experience a revolutionary way to secure your digital assets with the Vault Signer Card. This cutting-edge card features a highly-secure chip that creates and holds a unique and uncopyable Vault signer account, ensuring unmatched protection for your crypto. Pair the Signer Card with LOBSTR Vault for next-level multisig security.
SUPPORT AT EVERY STEP
If you encounter any issues or require further assistance, our support team is readily available to help. Please reach out to us at support@lobstr.co.
Overview
LOBSTR Vault is a Freeware software in the category Business developed by ULTRA STELLAR, LLC.
The latest version of LOBSTR Vault is 3.4.1, released on 07/02/2024. It was initially added to our database on 10/20/2023.
LOBSTR Vault runs on the following operating systems: iOS.
Users of LOBSTR Vault gave it a rating of 5 out of 5 stars.
Pros
- Secure storage for Stellar Lumens (XLM) and other assets
- Ability to securely store private keys offline
- User-friendly interface which makes it easy to manage assets
- Option to easily send and receive assets
- Support for multiple languages for global accessibility
Cons
- Possibility of potential security risks if the offline storage is compromised
- Only supports specific digital assets like XLM and not a wide range of cryptocurrencies
- Requires users to be cautious with their private keys to prevent loss of funds
- Lack of advanced trading features compared to dedicated cryptocurrency exchanges
FAQ
What is LOBSTR Vault?
LOBSTR Vault is a secure and user-friendly cryptocurrency wallet designed to store, manage, and stake various digital assets.
Who developed LOBSTR Vault?
LOBSTR Vault was developed by ULTRA STELLAR, LLC, a company specializing in blockchain technology and digital asset management.
What cryptocurrencies can be stored in LOBSTR Vault?
LOBSTR Vault supports a wide range of cryptocurrencies including Stellar Lumens (XLM), Bitcoin (BTC), Ethereum (ETH), and many others.
How secure is LOBSTR Vault?
LOBSTR Vault prioritizes security with advanced encryption techniques, secure key storage, and two-factor authentication to protect users' assets.
Can I stake my cryptocurrencies using LOBSTR Vault?
Yes, LOBSTR Vault provides built-in staking options for select supported cryptocurrencies, allowing users to earn rewards for participating in network validation.
Is LOBSTR Vault available on mobile devices?
Yes, LOBSTR Vault offers mobile apps for both iOS and Android devices, providing convenient access to your digital assets on the go.
Are there any fees associated with using LOBSTR Vault?
LOBSTR Vault may charge nominal fees for transactions and staking services. Users should review the fee schedule on the platform for more details.
Does LOBSTR Vault provide customer support?
Yes, LOBSTR Vault offers customer support through various channels such as email, live chat, and a help center to assist users with any inquiries or issues.
Can I import my existing wallet into LOBSTR Vault?
Yes, LOBSTR Vault supports importing existing wallets using private keys or recovery phrases, making it easy for users to transition their assets.
Does LOBSTR Vault have a desktop version?
Currently, LOBSTR Vault is primarily available as a mobile app, but the company may release a desktop version in the future for broader accessibility.
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