CoinSpot Wallet vs LOBSTR Comparison
In the vast and rapidly evolving world of cryptocurrency, choosing the right crypto wallet to manage and keep your assets secure is crucial. This article will breakdown an in-depth comparison among two of the best-known wallets in the industry – CoinSpot Wallet and LOBSTR. While both offer their unique features and benefits, we will delve into their similarities and differences to help you make an informed decision.
| Company | ||
|---|---|---|
| User rating | 16 user reviews | 28 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.
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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.
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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 28 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 2.8, based on 28 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? |
In conclusion, both CoinSpot Wallet and LOBSTR have raised the bar when it comes to user-friendly, secure and multifunctional cryptocurrency management tools. The choice between these two wallets ultimately rests on individual preference and the features one prioritize while dealing with cryptocurrencies. It is reflectively important to align your choice with your investment strategies, security needs, and transactional requirements.
In the vast and rapidly evolving world of cryptocurrency, choosing the right crypto wallet to manage and keep your assets secure is crucial. This article will breakdown an in-depth comparison among two of the best-known wallets in the industry – CoinSpot Wallet and LOBSTR. While both offer their unique features and benefits, we will delve into their similarities and differences to help you make an informed decision.