CoinSpot Wallet vs LOBSTR Comparison
Introduction
Choosing the right crypto wallet is crucial, especially when different wallets serve various ecosystems and user needs. In this article, we will compare CoinSpot Wallet and LOBSTR Wallet, two popular wallets that cater to different crypto environments. CoinSpot Wallet is a custodial wallet tied to an Australian exchange, while LOBSTR Wallet is a non-custodial wallet designed specifically for the Stellar (XLM) network. We will compare the design, features, supported assets, security, and usability to help you choose the best wallet for your crypto needs.
Company Background and Purpose
CoinSpot Wallet is integrated into CoinSpot, the largest Australian cryptocurrency exchange, which has been operating since 2013. The wallet is a custodial wallet, providing convenience for users accessing services on the exchange. Users store, send, and receive cryptocurrencies within the CoinSpot ecosystem. CoinSpot Wallet focuses on compliance with Australian financial regulations and simplicity for users.
LOBSTR Wallet, launched in 2014 by Ultra Stellar, is a non-custodial wallet designed specifically for the Stellar blockchain. It supports XLM and various Stellar-derived tokens and is available as a mobile and web app. LOBSTR provides a simple interface for managing Stellar assets, integrating with the Stellar Decentralized Exchange (DEX).
CoinSpot Wallet is ideal for Australian users using the CoinSpot platform, while LOBSTR caters to users managing Stellar-based assets globally.
Wallet Type and Level of Financial Control
One of the most significant differences between these wallets is the custodianship of funds.
CoinSpot Wallet is a custodial wallet, meaning that the exchange controls the private keys on behalf of the user. This setup simplifies access and recovery for users but means the user depends on CoinSpot's security measures.
LOBSTR Wallet is non-custodial, giving users full control over their private keys and seed phrases. While this provides greater control and security, it also places the responsibility for backups and protection on the user.
If integration with an exchange and convenience are your priorities, CoinSpot Wallet is the better option. If you prefer full control over your assets and prioritize security, LOBSTR Wallet is the right choice.
Supported Assets and Blockchain Focus
CoinSpot Wallet supports over 370 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and many altcoins. The wallet allows easy interaction with the CoinSpot exchange, providing quick access to token exchanges and fiat AUD withdrawals.
LOBSTR Wallet, however, is focused on the Stellar ecosystem, supporting XLM and Stellar-based tokens such as USDC, AQUA, and MOBI. It enables trading on the Stellar Decentralized Exchange (DEX) and managing trustlines for specific tokens.
While CoinSpot Wallet offers multi-chain support, LOBSTR is ideal for those specifically interested in Stellar-based assets.
User Experience and Accessibility
CoinSpot Wallet is integrated with the CoinSpot platform, making it easy for users to create a CoinSpot account and manage their wallet. It provides a user-friendly experience, even for beginners, allowing users to buy, sell, and store crypto under one roof. CoinSpot also offers AUD withdrawals, which is convenient for Australian users. However, the wallet’s functionality is limited outside of the CoinSpot platform.
LOBSTR Wallet provides a simple, intuitive experience for both mobile and desktop users. It allows easy wallet creation and safekeeping of the seed phrase. Once set up, sending and receiving Stellar tokens, swapping tokens, and managing assets are straightforward. Advanced features like federated addresses, multi-signature addresses, and DEX trading are also available.
CoinSpot Wallet is best for new users or those looking for integration with an exchange. LOBSTR Wallet excels in providing native tools for the Stellar ecosystem.
Security Features and Recovery
CoinSpot Wallet benefits from the security measures of a regulated exchange. CoinSpot is ISO 27001 certified and offers features like two-factor authentication (2FA), withdrawal restrictions, and cold storage for funds. Account recovery is also straightforward through email or customer support, thanks to the custodial nature of the wallet.
LOBSTR Wallet, as a non-custodial wallet, relies on the user to secure their seed phrase. It offers biometric login, 2FA, and Ledger hardware wallet integration for added security. However, if the seed phrase is lost, the funds cannot be recovered.
For maximum security, CoinSpot Wallet offers easy recovery options, while LOBSTR provides more control but requires responsible handling of seed phrases.
Features and Other Tools
CoinSpot Wallet benefits from integration with the full CoinSpot exchange platform, offering:
-
Instant buying and selling of cryptocurrencies
-
Bundled crypto purchases
-
Tax reporting software
-
Native AUD support
-
Access to an NFT marketplace
LOBSTR Wallet provides Stellar-specific features, including:
-
Stellar DEX access
-
Asset tracking
-
Trustline management
-
Federated address system
-
LumenSwap for asset conversion
If you're looking for exchange activity and a seamless experience, CoinSpot Wallet is the better choice. For Stellar-focused tools and deeper integration within the Stellar ecosystem, LOBSTR stands out.
Advantages and Disadvantages
CoinSpot Wallet
Pros:
-
Integrated with the Australian crypto exchange
-
Supports hundreds of cryptocurrencies
-
Fiat redemptions and tax instruments available
Cons:
-
Custodial—no control over private keys
-
Limited functionality outside CoinSpot
-
Not ideal for long-term cold storage
LOBSTR Wallet
Pros:
-
Non-custodial with full user control
-
Stellar-focused with access to DEX and token management
-
Easy-to-use for Stellar assets
Cons:
-
Only supports Stellar-based currencies
-
Recovery depends on seed phrase
-
Less suited for cross-chain portfolios
Frequently Asked Questions (FAQ)
Can I use CoinSpot Wallet and LOBSTR simultaneously?
No. CoinSpot doesn’t integrate with the Stellar DEX, but you can transfer XLM from CoinSpot to LOBSTR manually.
Which wallet is more secure?
LOBSTR is more secure from a key control perspective if you manage your seed phrase carefully. CoinSpot offers decent exchange-level security but holds funds in custody.
Do I need to verify my identity for using these wallets?
LOBSTR doesn’t require KYC verification, but some Stellar services may ask for it. CoinSpot requires full KYC verification.
Is LOBSTR available in Australia?
Yes, LOBSTR is available globally, including in Australia.
| Company | ||
|---|---|---|
| User rating | 16 user reviews | 29 user reviews |
| Cryptogeek rating | ||
| Trust Score How it works |
About
|
Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.
|
LOBSTR is one of the first XLM wallets on the cryptocurrency market that was founded in 2014 and officially registered in Belarus. LOBSTR wallet is provided by Ultra Stellar, LLC, an independent commercial entity unaffiliated with the Stellar Development Foundation. LOBSTR can be called almost the most convenient wallet for mobile gadgets since it is an easy-to-use mobile wallet with an attractive interface. Through the LOBSTR wallet, you can easily send and receive Stellar. A comfortable and simple user interface is perfect for beginners, as you can quickly navigate it.
|
Founding Date
| 2013 | 2014 |
Country
| Australia | Belarus |
Languages
| English | English, Spanish, Korean, Russian, Chinese, Thai |
Wallet type
| Software wallet | No data |
Storage type
| Hot wallet | Hot wallet |
Private keys
| Not available | Not available |
Available coins
| 149 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM) | 8 - Bitcoin (BTC), Basic Attention Token (BAT), Dogecoin (DOGE), USD Coin (USDC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) |
Security
| No data | No data |
Anonymity
| No data | No data |
Ease of use
| No data | No data |
Has attached card
| No data | No data |
Has trading facilities
| No data | No data |
Has vouchers and offers
| No data | No data |
Features
| No data | No data |
| About |
Coinspot wallet is a special service provided by Coisnpot exchange. It provides a hot wallet for every coin its exchange is currently trading. Alongside with crypto, it also supports the Australian Dollar. Currently ,CoinSpot wallet has more than 60 coins and tokens. Built-in exchange is an additional feature of the wallet as well as 2FA for the additional security. The only language available is English.
|
LOBSTR is one of the first XLM wallets on the cryptocurrency market that was founded in 2014 and officially registered in Belarus. LOBSTR wallet is provided by Ultra Stellar, LLC, an independent commercial entity unaffiliated with the Stellar Development Foundation. LOBSTR can be called almost the most convenient wallet for mobile gadgets since it is an easy-to-use mobile wallet with an attractive interface. Through the LOBSTR wallet, you can easily send and receive Stellar. A comfortable and simple user interface is perfect for beginners, as you can quickly navigate it.
|
|---|---|---|
| Founding Date | Founding Date 2013 | Founding Date 2014 |
| Country | Country Australia | Country Belarus |
| Languages | Languages English | Languages English, Spanish, Korean, Russian, Chinese, Thai |
| Wallet type | Wallet type Software wallet | Wallet type No data |
| Storage type | Storage type Hot wallet | Storage type Hot wallet |
| Private keys | Private keys Not available | Private keys Not available |
| Available coins | Available coins 149 - Bitcoin (BTC), Basic Attention Token (BAT), IOTA (MIOTA), Tezos (XTZ), Ethereum Classic (ETC), NEO (NEO), VeChain (VET), OmiseGO (OMG), Qtum (QTUM), Verge (XVG), Lisk (LSK), ICON (ICX), Ontology (ONT), Bitcoin Gold (BTG), Zcash (ZEC), Nano (NANO), Populous (PPT), Bytecoin (BCN), Steem (STEEM), Wanchain (WAN), Siacoin (SC), Dogecoin (DOGE), Waves (WAVES), Zilliqa (ZIL), Decred (DCR), Aeternity (AE), Status (SNT), 0x (ZRX), Loopring (LRC), Komodo (KMD), Aion (AION), Golem (GNT), Ardor (ARDR), IOST (IOST), DigiByte (DGB), Ark (ARK), Waltonchain (WTC), aelf (ELF), PIVX (PIVX), Factom (FCT), Dragonchain (DRGN), Substratum (SUB), Mithril (MITH), Syscoin (SYS), Gas (GAS), Elastos (ELA), Voyager Token (VGX), FunFair (FUN), Nxt (NXT), Nebulas (NAS), Nucleus Vision (NCASH), OByte (GBYTE), ReddCoin (RDD), Revain (REV), WAX (WAX), SALT (SALT), Electroneum (ETN), MaidSafeCoin (MAID), Power Ledger (POWR), Zcoin (XZC), Enigma (ENG), Storj (STORJ), TenX (PAY), Neblio (NEBL), Cindicator (CND), Skycoin (SKY), Horizen (ZEN), Civic (CVC), SingularityNET (AGI), POA Network (POA), Nexus (NXS), GameCredits (GAME), Dent (DENT), Vertcoin (VTC), Quantstamp (QSP), iExec RLC (RLC), Decentraland (MANA), Polymath (POLY), Po.et (POE), Loom Network (LOOM), NULS (NULS), Enjin Coin (ENJ), Raiden Network Token (RDN), Metal (MTL), Arcblock (ABT), Pundi X (NPXS), SIRIN LABS Token (SRN), Bluzelle (BLZ), Genesis Vision (GVT), THETA (THETA), NavCoin (NAV), Gifto (GTO), Comet (CMT), AirSwap (AST), OST (OST), Scry.info (DDD), Ripio Credit Network (RCN), Streamr DATAcoin (DATA), Quantum Resistant Ledger (QRL), AdEx (ADX), UTRUST (UTK), Einsteinium (EMC2), Ambrosus (AMB), Groestlcoin (GRS), WePower (WPR), Peercoin (PPC), Crypterium (CRPT), USD Coin (USDC), Ripple (XRP), Binance Coin (BNB), Bitcoin Cash (BCH), Bitcoin SV (BSV), Cardano (ADA), Cosmos (ATOM), Dash (DASH), EOS (EOS), Ethereum (ETH), Litecoin (LTC), Monero (XMR), NEM (XEM), Stellar (XLM), Tether (USDT), Tron (TRX), Polkadot (DOT), BitTorrent (BTT), Terra (LUNA), pTokens BTC (PBTC), Crypto.com Coin (CRO), Filecoin (FIL), FTX Token (FTT), Kusama (KSM), Algorand (ALGO), NEAR Protocol (NEAR), Ocean Protocol (OCEAN), Celo (CELO), Energy Web Token (EWT), Quant (QNT), Hedera Hashgraph (HBAR), Solana (SOL), Helium (HNT), IoTeX (IOTX), TomoChain (TOMO), Chiliz (CHZ), Ankr (ANKR), IRISnet (IRIS), SUN (SUN), Hive (HIVE), Unibright (UBT), Fantom (FTM) | Available coins 8 - Bitcoin (BTC), Basic Attention Token (BAT), Dogecoin (DOGE), USD Coin (USDC), Ripple (XRP), Ethereum (ETH), Litecoin (LTC), Stellar (XLM) |
| Security | Security No data | Security No data |
| Anonymity | Anonymity No data | Anonymity No data |
| Ease of use | Ease of use No data | Ease of use No data |
| Has attached card | Has attached card No data | Has attached card No data |
| Has trading facilities | Has trading facilities No data | Has trading facilities No data |
| Has vouchers and offers | Has vouchers and offers No data | Has vouchers and offers No data |
| Features | Features No data | Features No data |
Social
Website
| twitter.com | lobstr.co |
| CoinSpot | @lobstrco |
| Website | Website twitter.com | Website lobstr.co |
|---|---|---|
| Twitter CoinSpot | Twitter @lobstrco |
Advantages
| - Easy to use and secure - Trusted | - Integrated exchange - Fiat option - Two-factor authentication (2FA) - Open-source - Merge tool - Touch ID support - Real-time cryptocurrency price updates - Mobile app - Help desk |
Disadvantages
| - The platform can only be used by Australian residents - A deposit with a card has a 1% charges fee | - Lack of Hierarchical Deterministic Generator - The low range of currencies (since it is Stellar wallet) |
Rating
| User rating | User rating 16 user reviews | User rating 29 user reviews |
|---|---|---|
| Cryptogeek rating | Cryptogeek rating | Cryptogeek rating |
| Advantages | Advantages - Easy to use and secure - Trusted | Advantages - Integrated exchange - Fiat option - Two-factor authentication (2FA) - Open-source - Merge tool - Touch ID support - Real-time cryptocurrency price updates - Mobile app - Help desk |
| Disadvantages | Disadvantages - The platform can only be used by Australian residents - A deposit with a card has a 1% charges fee | Disadvantages - Lack of Hierarchical Deterministic Generator - The low range of currencies (since it is Stellar wallet) |
CoinSpot Wallet user rating is 4.3, based on 16 user reviews. LOBSTR user rating is 2.7, based on 29 user reviews.
We also calculate the special Cryptogeek TrustScore based on the characteristics of each wallet.
| We choose the winner based on our TrustScore Rating. Please remember, it’s still up to you which company to choose! How do we calculate Trust Score? |
Conclusion
The CoinSpot Wallet vs LOBSTR Wallet comparison highlights the distinct roles both wallets play in the crypto ecosystem. CoinSpot Wallet is ideal for Australian users seeking a one-stop-shop for buying, storing, and redeeming cryptocurrencies with easy access to fiat currencies. LOBSTR Wallet, on the other hand, is perfect for users deeply invested in Stellar assets and looking for advanced features like DEX access and trustline management. For users seeking both security and ease of use, combining CoinSpot for exchanges with LOBSTR for Stellar management is an ideal solution.
Introduction
Choosing the right crypto wallet is crucial, especially when different wallets serve various ecosystems and user needs. In this article, we will compare CoinSpot Wallet and LOBSTR Wallet, two popular wallets that cater to different crypto environments. CoinSpot Wallet is a custodial wallet tied to an Australian exchange, while LOBSTR Wallet is a non-custodial wallet designed specifically for the Stellar (XLM) network. We will compare the design, features, supported assets, security, and usability to help you choose the best wallet for your crypto needs.
Company Background and Purpose
CoinSpot Wallet is integrated into CoinSpot, the largest Australian cryptocurrency exchange, which has been operating since 2013. The wallet is a custodial wallet, providing convenience for users accessing services on the exchange. Users store, send, and receive cryptocurrencies within the CoinSpot ecosystem. CoinSpot Wallet focuses on compliance with Australian financial regulations and simplicity for users.
LOBSTR Wallet, launched in 2014 by Ultra Stellar, is a non-custodial wallet designed specifically for the Stellar blockchain. It supports XLM and various Stellar-derived tokens and is available as a mobile and web app. LOBSTR provides a simple interface for managing Stellar assets, integrating with the Stellar Decentralized Exchange (DEX).
CoinSpot Wallet is ideal for Australian users using the CoinSpot platform, while LOBSTR caters to users managing Stellar-based assets globally.
Wallet Type and Level of Financial Control
One of the most significant differences between these wallets is the custodianship of funds.
CoinSpot Wallet is a custodial wallet, meaning that the exchange controls the private keys on behalf of the user. This setup simplifies access and recovery for users but means the user depends on CoinSpot's security measures.
LOBSTR Wallet is non-custodial, giving users full control over their private keys and seed phrases. While this provides greater control and security, it also places the responsibility for backups and protection on the user.
If integration with an exchange and convenience are your priorities, CoinSpot Wallet is the better option. If you prefer full control over your assets and prioritize security, LOBSTR Wallet is the right choice.
Supported Assets and Blockchain Focus
CoinSpot Wallet supports over 370 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and many altcoins. The wallet allows easy interaction with the CoinSpot exchange, providing quick access to token exchanges and fiat AUD withdrawals.
LOBSTR Wallet, however, is focused on the Stellar ecosystem, supporting XLM and Stellar-based tokens such as USDC, AQUA, and MOBI. It enables trading on the Stellar Decentralized Exchange (DEX) and managing trustlines for specific tokens.
While CoinSpot Wallet offers multi-chain support, LOBSTR is ideal for those specifically interested in Stellar-based assets.
User Experience and Accessibility
CoinSpot Wallet is integrated with the CoinSpot platform, making it easy for users to create a CoinSpot account and manage their wallet. It provides a user-friendly experience, even for beginners, allowing users to buy, sell, and store crypto under one roof. CoinSpot also offers AUD withdrawals, which is convenient for Australian users. However, the wallet’s functionality is limited outside of the CoinSpot platform.
LOBSTR Wallet provides a simple, intuitive experience for both mobile and desktop users. It allows easy wallet creation and safekeeping of the seed phrase. Once set up, sending and receiving Stellar tokens, swapping tokens, and managing assets are straightforward. Advanced features like federated addresses, multi-signature addresses, and DEX trading are also available.
CoinSpot Wallet is best for new users or those looking for integration with an exchange. LOBSTR Wallet excels in providing native tools for the Stellar ecosystem.
Security Features and Recovery
CoinSpot Wallet benefits from the security measures of a regulated exchange. CoinSpot is ISO 27001 certified and offers features like two-factor authentication (2FA), withdrawal restrictions, and cold storage for funds. Account recovery is also straightforward through email or customer support, thanks to the custodial nature of the wallet.
LOBSTR Wallet, as a non-custodial wallet, relies on the user to secure their seed phrase. It offers biometric login, 2FA, and Ledger hardware wallet integration for added security. However, if the seed phrase is lost, the funds cannot be recovered.
For maximum security, CoinSpot Wallet offers easy recovery options, while LOBSTR provides more control but requires responsible handling of seed phrases.
Features and Other Tools
CoinSpot Wallet benefits from integration with the full CoinSpot exchange platform, offering:
-
Instant buying and selling of cryptocurrencies
-
Bundled crypto purchases
-
Tax reporting software
-
Native AUD support
-
Access to an NFT marketplace
LOBSTR Wallet provides Stellar-specific features, including:
-
Stellar DEX access
-
Asset tracking
-
Trustline management
-
Federated address system
-
LumenSwap for asset conversion
If you're looking for exchange activity and a seamless experience, CoinSpot Wallet is the better choice. For Stellar-focused tools and deeper integration within the Stellar ecosystem, LOBSTR stands out.
Advantages and Disadvantages
CoinSpot Wallet
Pros:
-
Integrated with the Australian crypto exchange
-
Supports hundreds of cryptocurrencies
-
Fiat redemptions and tax instruments available
Cons:
-
Custodial—no control over private keys
-
Limited functionality outside CoinSpot
-
Not ideal for long-term cold storage
LOBSTR Wallet
Pros:
-
Non-custodial with full user control
-
Stellar-focused with access to DEX and token management
-
Easy-to-use for Stellar assets
Cons:
-
Only supports Stellar-based currencies
-
Recovery depends on seed phrase
-
Less suited for cross-chain portfolios
Frequently Asked Questions (FAQ)
Can I use CoinSpot Wallet and LOBSTR simultaneously?
No. CoinSpot doesn’t integrate with the Stellar DEX, but you can transfer XLM from CoinSpot to LOBSTR manually.
Which wallet is more secure?
LOBSTR is more secure from a key control perspective if you manage your seed phrase carefully. CoinSpot offers decent exchange-level security but holds funds in custody.
Do I need to verify my identity for using these wallets?
LOBSTR doesn’t require KYC verification, but some Stellar services may ask for it. CoinSpot requires full KYC verification.
Is LOBSTR available in Australia?
Yes, LOBSTR is available globally, including in Australia.