Stellar Lumens Stargazer Wallet Review: Best For XLM Coin Storage?
The Stargazer Wallet, The Best Option To Store Your XML Coins
If you are looking for a safe way you can store your XLM coins, then you need to look at the Stargazer Wallet. The wallet has been designed as one of the XLM storage options, but it is not the only storage option for the XLM that has been recommended by the Stellar Teams, but it is one of the most popular choices that is among the XLM holders.
What Exactly Is The Stargazer Wallet?
At the moment there are no many ways that the Stellar Lumen can be stored, even after the fact that the XML coin has been around since the year 2015. But the good news is the Stargazer has become one of the most popular options you can find in the market.
The wallet has been designed to be available for either your mobile or desktop device, and it is being supported by Windows, Android, and Mac OS. But you should know that no iOS app has been developed at the moment. Thus, if you are an Apple customer, you will need to use the desktop wallet option if you are interested in using the wallet.
The Stargazer wallet has been designed to be as simple as it can be in order to accommodate the beginners in the market. But this is not all as the wallet has been designed with several features that have made it so famous. The very first feature is the fact that it is an open source software, what this means is that anyone can easily modify the code at any time.
The fact that the wallet is open source it also allows the software to undergo the necessary updates that are needed and when it is required. Not forgetting the wallet has been designed to be very easy for users to create an account, and it is straightforward to either send or receive coins.
What Type Of Coin Does The Wallet Support?
At the moment the wallet has been designed to store just the Stellar Lumens. But it is currently being developed to be the most sophisticated and secure way that users will be in a position to either receive, send or even trade the XLM coins.
The design behind the Stellar is to ensure it is able to bank the unbanked and be in a position to make financial services that are easily accessible to every individual around the globe. Thus, most of the storage options that support the XLM have already been made while still keeping simplicity as the main factor.
Is The Wallet Safe?
Safety is a very important concern that runs through most user’s minds when they are storing their crypto coins. As we know, there have been several cases reported in the market of coins being stolen and the private keys being hacked. But since the code that is being used in this wallet is open source, most users worry if their coins will really be safe.
The company has ensured that safety has been made a priority by having the network encrypted and secure. The only exception that exists is when the decryption of a private key is needed, and this only happens when the key leaves the platform. The other exception is when a particular account is being exported and when a password protection has not been put.
Additionally, all the transactions that are carried out on the network go through a very rigorous review process before it is finally signed and submitted.
It is straightforward to get started with this wallet, all you need to do is download the app. Ensure to read through the terms of service. Then from here just set up your wallet on either your mobile or desktop.
A Secure Wallet For All
If you are new to the crypto market or just a pro, it is important to note that the Stargazer wallet is safe and trusted by many. It is the best option if you would like to store your XML coins on either your Android or desktop.