CoinSpot Wallet vs LOBSTR Comparison

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CoinSpot Wallet and LOBSTR are two cryptocurrency wallets that allow users to store and manage their digital assets. In this comparison review, we will analyze the key features of both wallets and help you determine which one is best suited for your needs.

User Interface and Ease of Use

CoinSpot Wallet has a user-friendly interface that is easy to navigate, making it suitable for both beginners and experienced users. The wallet provides a straightforward registration process, and users can quickly buy, sell, and store cryptocurrencies. However, it offers limited features when compared to other wallets.
On the other hand, LOBSTR is a simple and elegant wallet that allows users to manage their assets with ease. It is an excellent option for beginners as it has a user-friendly interface and offers a hassle-free registration process. Moreover, it provides various features that allow users to send, receive, and trade cryptocurrencies.

Security

Security is a crucial factor when choosing a cryptocurrency wallet. CoinSpot Wallet uses industry-standard security features, such as two-factor authentication, to protect users' funds. It also employs cold storage to store cryptocurrencies, ensuring that they remain safe and secure.
LOBSTR is also a secure wallet that implements various security measures to safeguard users' funds. The wallet uses a PIN code, biometric authentication, and two-factor authentication to protect users' assets. Additionally, it employs SSL encryption to protect users' information and transactions.

Supported Cryptocurrencies

CoinSpot Wallet supports more than 290 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH), among others. It is an excellent option for users who want to store and manage multiple cryptocurrencies in one place.
LOBSTR, on the other hand, supports only a few cryptocurrencies, including Stellar Lumens (XLM) and Bitcoin (BTC). However, it provides users with the option to trade these cryptocurrencies on the Stellar Decentralized Exchange (DEX).

Customer Support

CoinSpot Wallet provides excellent customer support services, with a comprehensive knowledge base, FAQ section, and a customer support team that is available 24/7. Users can contact the support team via email or live chat, and the team is responsive and helpful.
LOBSTR also offers excellent customer support services, with a knowledge base, FAQ section, and a customer support team that is available via email. However, it does not provide live chat support, which may be inconvenient for some users.

Fees

CoinSpot Wallet charges a flat fee of 1% on all transactions, making it a relatively expensive option compared to other wallets. However, the wallet provides users with various payment options, including POLi, PayID, BPAY, and Direct Deposit.
LOBSTR does not charge any fees for creating an account or making transactions. However, users must pay a minimal fee for Stellar network transactions. The fee is usually less than $0.01, making it one of the most affordable wallets available.

Conclusion

Both CoinSpot Wallet and LOBSTR are excellent cryptocurrency wallets that offer various features and benefits to their users. If you are looking for a wallet that supports multiple cryptocurrencies and provides a user-friendly interface, CoinSpot Wallet may be the best option for you. However, if you are a Stellar Lumens (XLM) enthusiast and want to trade cryptocurrencies on the Stellar DEX, LOBSTR may be the better choice. Ultimately, the choice between these wallets depends on your individual needs and preferences.

Company
User rating User rating 4.3 / 5 16 user reviews User rating 2.8 / 5 25 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.6 / 5
Trust Score How it works Trust Score 3.73 / 5 Trust Score 3.68 / 5

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

Twitter

CoinSpot @lobstrco
Website Website twitter.com Website lobstr.co
Twitter 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 4.3 / 5 16 user reviews User rating 2.8 / 5 25 user reviews
Cryptogeek rating Cryptogeek rating 4.0 / 5 Cryptogeek rating 4.6 / 5
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 2.8, based on 25 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?
Trust Score: 3.73 / 5
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Trust Score: 3.68 / 5
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CoinSpot Wallet and LOBSTR are two cryptocurrency wallets that allow users to store and manage their digital assets. In this comparison review, we will analyze the key features of both wallets and help you determine which one is best suited for your needs.

User Interface and Ease of Use

CoinSpot Wallet has a user-friendly interface that is easy to navigate, making it suitable for both beginners and experienced users. The wallet provides a straightforward registration process, and users can quickly buy, sell, and store cryptocurrencies. However, it offers limited features when compared to other wallets.
On the other hand, LOBSTR is a simple and elegant wallet that allows users to manage their assets with ease. It is an excellent option for beginners as it has a user-friendly interface and offers a hassle-free registration process. Moreover, it provides various features that allow users to send, receive, and trade cryptocurrencies.

Security

Security is a crucial factor when choosing a cryptocurrency wallet. CoinSpot Wallet uses industry-standard security features, such as two-factor authentication, to protect users' funds. It also employs cold storage to store cryptocurrencies, ensuring that they remain safe and secure.
LOBSTR is also a secure wallet that implements various security measures to safeguard users' funds. The wallet uses a PIN code, biometric authentication, and two-factor authentication to protect users' assets. Additionally, it employs SSL encryption to protect users' information and transactions.

Supported Cryptocurrencies

CoinSpot Wallet supports more than 290 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH), among others. It is an excellent option for users who want to store and manage multiple cryptocurrencies in one place.
LOBSTR, on the other hand, supports only a few cryptocurrencies, including Stellar Lumens (XLM) and Bitcoin (BTC). However, it provides users with the option to trade these cryptocurrencies on the Stellar Decentralized Exchange (DEX).

Customer Support

CoinSpot Wallet provides excellent customer support services, with a comprehensive knowledge base, FAQ section, and a customer support team that is available 24/7. Users can contact the support team via email or live chat, and the team is responsive and helpful.
LOBSTR also offers excellent customer support services, with a knowledge base, FAQ section, and a customer support team that is available via email. However, it does not provide live chat support, which may be inconvenient for some users.

Fees

CoinSpot Wallet charges a flat fee of 1% on all transactions, making it a relatively expensive option compared to other wallets. However, the wallet provides users with various payment options, including POLi, PayID, BPAY, and Direct Deposit.
LOBSTR does not charge any fees for creating an account or making transactions. However, users must pay a minimal fee for Stellar network transactions. The fee is usually less than $0.01, making it one of the most affordable wallets available.

Conclusion

Both CoinSpot Wallet and LOBSTR are excellent cryptocurrency wallets that offer various features and benefits to their users. If you are looking for a wallet that supports multiple cryptocurrencies and provides a user-friendly interface, CoinSpot Wallet may be the best option for you. However, if you are a Stellar Lumens (XLM) enthusiast and want to trade cryptocurrencies on the Stellar DEX, LOBSTR may be the better choice. Ultimately, the choice between these wallets depends on your individual needs and preferences.