How to create an account in LOBSTR?

Modified on Mon, 05 Sep 2022 at 10:05 AM

You can create a new LOBSTR account free of charge in just a few clicks through our website or mobile apps available for iOS and Android


Scroll down to the 2nd part of the article to see the steps needed to connect an existing Stellar wallet to your LOBSTR account.


Creating an account in LOBSTR

LOBSTR website

   

1. Go to the LOBSTR website and click the 'Get Started' button.



2. Insert your email address and choose a strong and unique password.


We recommend using a password manager (like 1Password, Lastpass, Dashlane, Keeper, etc) to help you generate and remember your password.



3. Verify your account by clicking on the 'Verify Email' button in the message sent to your email address. 

 

  

 


4. Press the 'Create Wallet' button if you'd like to create a new Stellar wallet. 



5. Write down your Recovery Phrase, which is needed to recover access to your account in case of a password loss or if your phone is lost or stolen. The word order is very important.  



You are the only one who has access to the Recovery Phrase. We do not store your Recovery Phrase on our servers, nor do we have any access to it. 

   

LOBSTR will NOT be able to display the Recovery Phrase to you again.

  

It is important to store the Recovery Phrase securely since anyone knowing it gets full control over your account and funds.

 

 

6. (Optional) Set a federation address, which is the unique name of your new Stellar wallet that can be shared with others to receive funds.

 


 

7.  Transfer at least 1 XLM to your wallet to activate it.

   

To purchase Stellar lumens with LOBSTR, you can use the ‘Buy Lumens’ option on the LOBSTR web and mobile apps.

   

Note: Services relating to credit card payments are provided by Moonpay, which is a separate platform owned by a third party 


   

   

   

LOBSTR mobile apps

   

1. Tap the 'Create Account' button, enter your email address, and choose a strong and complex password.



You can use a password manager like 1Password, Lastpass, Dashlane, Keeper, etc. that are designed to help you generate and remember your password.

   

2. Press the 'Verify Email' button in the message sent to your email address.

   

3. Tap the 'Create Stellar Wallet' button.



4. Write down your Recovery Phrase and confirm it at the next step.

 


 

This step is needed to recover access to your account in case your phone is lost or stolen.

   

The word order is very important. Make sure you're entering the Recovery Phrase in the correct order without any spelling mistakes.

   

Generated Recovery Phrase is not saved on the device and is deleted immediately after creating an account. It is never shown to users again.

   

5. (Optional) Set a federation address, which is the unique name of your new Stellar wallet that can be shared with others to receive funds.

 


6. Transfer at least 1 XLM to your wallet to activate it.

   

To purchase Stellar lumens with LOBSTR, you can use the ‘Buy Lumens’ option on the LOBSTR web and mobile apps.

   

Note: Services relating to credit card payments are provided by Moonpay, which is a separate platform owned by a third party. Buying lumens in LOBSTR wallet

  

   

   

Connecting an existing Stellar wallet to the LOBSTR account

   

You may choose either Public/Secret key pair or your Recovery Phrase to connect an existing Stellar wallet to your LOBSTR account:

 

 


LOBSTR website

   

1. Click the 'Connect Existing Wallet' button under the Wallet tab in the Settings.

 

 

2. Choose the preferred option to add the wallet. 

 


 

Option 1. Connect the wallet with your public Stellar address and Secret key

  

   

The Secret key is optional. If it is not specified, your account will be available in the preview mode only. You won't be able to submit transactions without it.

  

Option 2. Connect the wallet with your Recovery Phrase



LOBSTR mobile apps

   

Tap the 'Connect Stellar Wallet' button and choose the preferred option to add an existing wallet.  

 

   

Option 1. Connect the wallet using your public Stellar address and Secret key

 

If your Secret key is not specified, your account will be available in the preview mode only. You won't be able to submit transactions without it. 

 

   

Option 2. Connect the wallet using your Recovery Phrase

 

Check out the following article to learn more about the Recovery Phrase in LOBSTR.

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