Stellar Lumens is a decentralized payment platform that aims at providing a worldwide financial network, which can connect banks, payment systems and people. Lumens (XLM) are the native asset of the Stellar network that allows for fast, reliable and affordable cross-border payments. An XLM token is an electronic IOU. that can be anything that represents a good, value, or service or any real asset.
Stellar Lumens is one of the top 7 cryptocurrencies in terms of market capitalization. It recently got tied up with IBM. Sellar Lumens was in the news when Coinbase announced it as one of the probable assets which they can list on their platform. You must always own a wallet which saves you from any kind of external threats or hacks and something that helps keep your funds safe.
The Stellar network offers the innovative features of a shared public ledger on the blockchain technology. The Stellar network’s built-in currency, the lumen, serves two purposes: playing an anti-spam role and facilitating multi-currency transactions.
The top 8 Stellar Lumens wallets in 2020 are:
Ledger Nano S is one of the most versatile and popular and versatile hardware Stellar wallets, that acts like a USB device, that can get plugged into any device via USB port and supports a wide range of cryptocurrencies like Stellar, Ripple, Ethereum, Bitcoin, Litecoin, Ethereum Classic, and many more altcoins. Security is what it makes this wallet fall into the top Stellar Lumens wallet category. It includes 2-factor authentication, a secured PIN code, and recovery seed accessibility.
It has a built-in OLED screen, where you can check the transaction details with a double-tap button. Rather than actually storing your currency, the Nano S tracks your XLM holdings on the blockchain.
Click here to access Ledger Nano S
A year back, Keybase was added by the Stellar team, which specializes in hiding your address and ultimately enables high security. Keybase has end-to-end secure protocols for any communication. So the chats are private and there are no third-party attacks. Keybase is a trusted wallet which enables to store your XLM tokens. It also supports multi-account management.
Click here to access Keybase
Solar wallet is an open-source, secure XLM wallet, which enables multi-sig authorization in just a few clicks. The setup process is pretty simple and easy for beginners. It is available for Android and iOS devices, along with access to different operating systems like Linux, Windows, and Mac. It is one of the best XLM wallets, recommended by the Stellar community themselves.
Click here to access Solar wallet
Lobstr is one of the easy-to-use, no-fuss mobile wallets which handles day to day transactions in a convenient and uncomplicated way. It is one of the best stellar Lumens wallets for ios, with an attractive interface which is very easy to navigate.
Through Lobstr wallet, you can send and receive funds easily and includes features such as 2-factor authentication, fingerprint support, and secure PIN protection- Lobstr wallet review.
Click here to access Lobstr
Astral is a web-based Stellar Lumens wallet with a lot of handy and convenient features. When you sign up for Astral account, all eligible accounts are automatically enrolled, which earns you bonus XLMs every week based on your account balance. 2-factor authentication is a mandate, and data is encrypted with AES-256. An email confirmation is mandatory when you withdraw funds to new addresses. There’s also the added flexibility of being able to generate multiple addresses for easy organization of funds.
Click here to access Astral
Atomic wallet is one of the best wallets supporting BCH SV, which is a desktop wallet. Atomic wallet helps the users stay anonymous and secure by advocating decentralization in their process. You can control your own funds and can swap tokens efficiently, as and when required. Atomic wallet is a multi-currency wallet that supports Bitcoin, Bitcoin Cash, Bitcoin Cash SV, and many more currencies. It is compatible with Mac, Windows, Ubuntu, Fedora, and Debian.
Click here to access Atomic wallet
StellarTerm is a web-based Stellar Lumens wallet, developed by Iris Li, a former employee of the Stellar Development Foundation, which provides the ability to interact with a Stellar distributed exchange. It is one of the best Stellar wallets in 2020 for the upcoming and amateur traders.
The best way to make a StellarTerm work is the Downloadable Desktop Version. You should make sure the SHA 256 hash matches what is published on the download page. With this wallet, one can exchange currencies, view account balances, and see popular exchange markets.
Click here to access StellarTerm
Litemint is an app-based Stellar Lumens wallet which enables you to have total control over your assets. It is the first decentralized, cross-currency in-app purchase (DIAP) implementation forum, where you can enjoy free applications with games and daily challenges, which can give you rewards. The best part is that it provides a solution for any type of wallet (web, mobile, desktop), with access to all trading pairs on the Stellar DEX.
Click here to access Litemint
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