To make the search for a Stellar Lumens (XLM) wallet as easy as possible for you, we have tested several wallets extensively and created a ranking of the best Stellar Lumens wallets for 2025. In this article, we summarize our test results and the most important information about the different wallets.
Depending on whether you are looking for a hardware wallet, desktop wallet, smartphone wallet, or web wallet, we provide a recommendation. This article is structured to present the most secure wallets (hardware wallets) first, followed by the less secure options (web wallets).
As an introduction to the topic, we will first provide a theoretical overview. We believe a basic understanding of the technology is essential to identify the best XLM wallet and why. However, if you are already familiar with the basics, you can skip the info boxes and go straight to our recommendations for the best Stellar Lumens hardware wallets.
- Cold wallet
- Hot wallet
While private keys in a cold wallet never come into contact with the internet, hot wallets remain connected online. Due to this exposure, hot wallets are considered significantly less secure, as hackers have a potential entry point. The moment a transaction is signed using the private key, hackers could attempt to intercept it and gain control over your Stellar Lumens.
This critical difference is why cryptocurrency exchanges and investment companies store most of their customers’ assets in cold wallets to protect against theft. You should follow this best practice! Private investors can store Stellar Lumens offline using paper wallets or hardware wallets.
Additionally, there are three types of hot wallets, categorized based on where the private keys are stored:
- Stellar Lumens desktop wallets
- Stellar Lumens mobile wallets
- Stellar Lumens online wallets
Private and public keys are fundamental to cryptocurrency security, derived from asymmetric cryptography. This encryption method is used by Stellar Lumens and other cryptocurrencies to secure transactions.
The private key is a randomly generated code that represents ownership of the cryptocurrency. The public key, on the other hand, acts as the wallet address, which serves as the receiving address for transactions. (Technically, the wallet address is a hashed version of the public key.) Unlike the private key, the public key is not secret.
The private key must never be shared with anyone. It allows the owner to send cryptocurrency, making it crucial for security.
Beyond the theoretical understanding, we offer two key pieces of advice:
1. Before buying Stellar Lumens (click here for our guide), decide which wallet you will use to store your private key. If you choose your wallet beforehand, you can enter your wallet address during the purchase process, saving time and transaction fees. 2. Transfer your XLM from an exchange or broker as soon as possible. There are two crucial reasons for this:- When using a trading platform like Binance or Coinbase, you do not hold the private keys— the exchange does. This means you don’t have full control over your cryptocurrency.
- Cryptocurrency exchanges are prime targets for hackers. Many have been compromised in recent years. To ensure security, always manage your private key yourself and keep XLM on an exchange only as long as necessary.
Stellar Lumens hardware wallets
Cold storage solutions, particularly hardware wallets, remain the gold standard for securely storing cryptocurrencies like Stellar Lumens (XLM) over the long term. These devices ensure that private keys remain isolated from the internet, significantly reducing the risk of theft. Even when connected to facilitate transactions, hardware wallets are designed so that critical components, such as private keys and backup phrases, remain offline and never leave the device during transaction signing. This design ensures that even if management software is compromised, unauthorized transactions cannot occur. Additionally, features like PIN protection and two-factor authentication bolster security against physical theft. Given the relatively low cost compared to potential holdings, investing in a reputable hardware wallet is a prudent choice for crypto investors.
✅ Highest security standard
✅ Cold Storage: Offline storage of private keys
✅ Each transaction must be confirmed on the wallet at the push of a button.
✅ Support for thousands of cryptocurrencies
✅ Regular updates
✅ User-friendly interfaces
❌ No deposit insurance as with some exchanges
❌ The responsibility of securing Stellar Lumens (XLM) rests solely on the user. However, this can also be viewed as an advantage!
1. Ledger Nano X
The Ledger Nano X is a top-tier hardware wallet offering advanced features for secure cryptocurrency storage. Notable enhancements over its predecessor include:
- Bluetooth Functionality: Allows pairing with smartphones, enabling users to manage their Stellar (XLM) and other assets via the Ledger Live app without compromising security.
- Expanded Memory: Supports up to 100 apps simultaneously, accommodating a diverse cryptocurrency portfolio.
- Larger Screen: Facilitates easier verification of transaction details and addresses.
- Enhanced Security Chip: Incorporates a certified secure element (CC EAL5+) to safeguard private keys.
Conclusion: The Ledger Nano X stands out for its blend of security, functionality, and user-friendliness, making it a premier choice for managing Stellar Lumens and other cryptocurrencies.
Stellar Lumens (XLM) Desktop wallets
Desktop wallets are downloadable programs installed on a computer to store private keys and manage cryptocurrencies. Compared to hardware wallets, they have the advantage of being free of charge. However, like all hot wallets, they have the disadvantage that private keys are not stored offline and may come into contact with the Internet.
Because of this, desktop wallets require a great deal of responsibility, as the PC used must be regularly updated and equipped with reliable antivirus software. If there is insufficient protection, there is a risk that private keys will be stolen by hackers. However, if the computer is adequately protected, desktop wallets offer a significantly higher degree of security than web wallets. Desktop wallets are therefore the best free option for storing Stellar Lumens (XLM), in addition to mobile wallets.
Below, we have ranked the best Stellar Lumens (XLM) desktop wallets in 2025. But first, we'll show you the advantages and disadvantages of using a desktop wallet:
✅ High safety standard
✅ No acquisition costs – use is free of charge
✅ Multi-coin wallets partly support over 300 different cryptocurrencies
✅ Regular updates
❌ Responsibility to protect your own PC
❌ Be careful when choosing an unknown wallet: There are known cases of fraud.
Below you will find our top recommendations for a safe and reputable Stellar Lumens desktop wallet:
- Atomic Wallet (Windows, Mac, Ubuntu, Debian, Fedora)
- Exodus Wallet (Windows, MacOS, Linux)
- Foxlet Stellar Wallet (Windows, MacOS, Linux)
1.Atomic Wallet
Atomic Wallet is a multi-coin wallet supporting over 300 cryptocurrencies, including Stellar Lumens (XLM). It is a non-custodial wallet, meaning your private keys are stored encrypted on your computer, ensuring only you have access to them. Features include an integrated exchange service, allowing for the swapping of various cryptocurrencies directly within the wallet. The user-friendly interface makes it suitable for both beginners and experienced users. You can download Atomic Wallet from the [official website](https://atomicwallet.io/).
2.Exodus Wallet
Exodus is a user-friendly, non-custodial wallet that supports multiple cryptocurrencies, including Stellar Lumens (XLM). It offers a sleek and intuitive interface, making it easy to manage your assets. Exodus provides features such as an integrated exchange, allowing for quick swaps between supported assets, and portfolio tracking to monitor your holdings. Private keys and transaction data are stored locally on your device, ensuring you have full control over your funds. Exodus is available for Windows, MacOS, and Linux, and can be downloaded from the [official website](https://www.exodus.com/).
3. Foxlet Stellar Wallet
Foxlet is an open-source desktop wallet exclusively for Stellar Lumens (XLM). It allows you to store your private keys encrypted on your computer and sign transactions offline, enhancing security. The wallet is straightforward and easy to use, making it suitable for both beginners and advanced users. Foxlet also enables users to deposit, withdraw, and manage assets like Chinese Yuan and Japanese Yen. However, it also has some drawbacks, such as the lack of two-factor authentication and multi-signature support. Despite these limitations, it remains a simple and effective solution for managing Stellar Lumens (XLM) on a desktop. You can download the Foxlet wallet from the [official website](https://wallet.stellar.chat/index.html).
If you are looking for a secure and feature-rich multi-coin wallet, Atomic Wallet is our top recommendation. For users who prefer a simple and elegant wallet with integrated exchange options, Exodus Wallet is a great alternative. If you are looking for a Stellar-exclusive wallet that operates as a full node, Foxlet Stellar Wallet is worth considering.
Regardless of your choice, ensure that your computer is protected with antivirus software and regular updates to minimize security risks.
Mobile Stellar Lumens wallets for iOS and Android
Mobile wallets are applications designed for smartphones, enabling users to manage and transact cryptocurrencies like Stellar Lumens (XLM) on the go. While they offer convenience, it's crucial to be aware of their security implications, especially when connected to the internet via public networks.
Security Considerations for Mobile Wallets
- Private Key Storage: In mobile wallets, private keys are stored on the user's device. If your smartphone is continuously connected to the internet, especially through unsecured public Wi-Fi networks, there's an increased risk of unauthorized access.
- Public Wi-Fi Risks: Using public hotspots in places like cafés, restaurants, or airports can expose your data to potential interception, as these networks often lack encryption. Without proper data encryption, sensitive information, including wallet credentials, can be compromised.
Best Practices to Enhance Mobile Wallet Security
- Use Strong Passwords: Create complex passwords that include a mix of letters, numbers, and symbols. Avoid easily guessable information like birthdays or names.
- Enable Two-Factor Authentication (2FA): If the wallet supports 2FA, enable it to add an extra layer of security.
- Keep Software Updated: Ensure your mobile wallet app and smartphone operating system are always updated to the latest versions.
- Avoid Public Wi-Fi for Transactions: Use mobile data or a VPN when accessing your wallet in public areas.
- Backup Private Keys Securely: Store your recovery phrase or private keys in a safe, offline location.
The Pros and Cons of Mobile Stellar Lumens Wallets
The advantages of mobile Stellar Lumens wallets are:
- ✅ Access to Stellar Lumens (XLM) via Smartphone
- ✅ No acquisition costs - use is free of charge
- ✅ More cryptocurrencies than just Stellar Lumens are often supported
- ✅ The user interface is often simple and intuitive
The disadvantages are as follows:
- ❌ Less security than a hardware wallet
- ❌ No deposit insurance, as offered e.g., by some exchanges
- ❌ Vulnerable to hacker or phishing attacks
The Best Stellar Lumens Wallets for iOS and Android
- Lobstr Wallet (iOS and Android)
- Solar Wallet (iOS and Android)
1. Lobstr Wallet
The Lobstr wallet is a widely recommended mobile wallet for Stellar Lumens (XLM). It provides a user-friendly interface and secure access to XLM funds.
- Security: Uses biometric authentication and multi-signature support.
- Features: Federated addresses, price tracking, and built-in decentralized exchange (DEX).
- Supported cryptocurrencies: Stellar Lumens (XLM) and Stellar-based tokens.
- Backup: Supports encrypted key backup and cloud synchronization.
2. Solar Wallet
Solar Wallet is an open-source and non-custodial wallet designed specifically for Stellar Lumens. It provides a secure and transparent way to manage XLM assets.
- Security: Multi-signature and biometric authentication for added protection.
- Features: Supports sending/receiving XLM, Stellar tokens, and integration with Stellar DEX.
- Supported cryptocurrencies: Stellar Lumens (XLM) and Stellar-based tokens.
- Backup: Users retain full control over their private keys.
Summary: Stellar Lumen Wallets for iOS and Android
The selection of proven and safe XLM wallets is limited, so choosing between Lobstr Wallet and Solar Wallet is recommended. Mobile wallets offer better protection than online wallets but remain less secure than hardware wallets. Unlike exchange-based wallets, mobile wallets allow users to maintain full control over their private keys.
Stellar Lumens online wallets
Online wallets are among the most popular options for storing cryptocurrencies like Stellar Lumens (XLM) due to their convenience and ease of use. However, they often offer a lower level of security compared to other wallet types. This is primarily because they require only a simple registration process, making them particularly appealing to beginners.
It's important to note that with exchange wallets, the platform holds your private keys, meaning you must fully trust the exchange's security measures. Exchanges are frequent targets for hackers, which can put your funds at risk. Alternatively, there are Stellar-specific online wallets like the Stellar Account Viewer, which provide a more tailored experience for managing XLM.
Below is an overview of the advantages and disadvantages of online wallets:
The advantages of Stellar Lumens online wallets:
- ✅ Access from anywhere with an internet connection
- ✅ Exchange wallets enable trading directly from the wallet
- ✅ No installation required; quick setup
- ✅ Ability to set limits for maximum payouts per transaction
- ✅ User-friendly and intuitive interfaces
- ✅ Often provide robust customer support
The disadvantages of Stellar Lumens online wallets:
- ❌ Lower security compared to hardware, desktop, and mobile wallets
- ❌ Management of private keys is often entrusted to a third party
- ❌ Higher susceptibility to hacking or phishing attacks
- ❌ Some web wallet providers have been scams in the past
Best Stellar Lumens Online Wallets
- Stellar Account Viewer
- Binance
- eToro
1. Stellar Account Viewer
The Stellar Account Viewer is a simple tool offered by the Stellar Development Foundation on the official website (stellar.org). It allows users to create an account on the Stellar network, view account details, and perform transactions. To access your account, you need to enter your private key on the website, which serves as your login credential.
Note: While the Stellar Account Viewer is a convenient tool, it is not recommended for long-term storage of significant amounts of XLM. For enhanced security, consider using a hardware wallet in conjunction with the Stellar Account Viewer.
Supported Cryptocurrencies
Only Stellar Lumens (XLM) is supported.
Operation
The interface is straightforward and user-friendly, making it easy for users to navigate without the need for a traditional login.
Transparency & Fees
The source code of the Stellar Account Viewer is available on GitHub, ensuring complete transparency. There are no fees for using the service.
Security
Security is adequate but not optimal. After creating an account and private key, it's crucial to store the private key securely. Consider generating a paper wallet by printing your public and private keys and storing them offline. Avoid storing the private key unencrypted on your computer. Always ensure you're accessing the official website to prevent phishing attacks.
2. Binance Wallet
Binance is one of the world's largest cryptocurrency exchanges, offering over 150 cryptocurrencies for trading, including Stellar Lumens (XLM). The Binance wallet allows users to store and trade XLM directly on the platform.
Note: Storing XLM on Binance is advisable only if you plan to actively trade. Since Binance holds your private keys, you must trust their security measures. Exchanges are common targets for hackers, and there have been instances of security breaches in the past. It's recommended to withdraw your funds to a more secure wallet when not actively trading.
Supported Cryptocurrencies
Binance supports a wide range of cryptocurrencies, including Stellar Lumens (XLM).
Operation
The platform offers a comprehensive interface that may be complex for beginners. However, it provides extensive resources to help users navigate the platform.
Transparency & Fees
Using the Binance wallet is free, but trading fees apply. Detailed information about fees can be found on the Binance website.
Security
Binance is considered one of the more secure exchanges, but it's advisable to store your XLM in a personal wallet when not trading to ensure maximum security.
3. eToro Wallet
eToro is a leading multi-asset brokerage platform that not only provides access to traditional financial markets but also offers a robust cryptocurrency trading experience. With millions of users worldwide, eToro has established itself as a go-to platform for both novice and experienced traders looking to invest in a wide range of assets, including stocks, commodities, forex, and digital currencies.
One of the standout features of eToro is its secure and user-friendly crypto wallet, designed to help users store, transfer, and manage their digital assets with ease. The eToro Wallet supports multiple cryptocurrencies, including Stellar Lumens (XLM), a fast and cost-efficient blockchain-based currency designed for seamless cross-border transactions. This makes eToro an attractive choice for those looking to invest in and manage XLM alongside other crypto and traditional assets—all within a single, integrated platform.
By combining innovative social trading features, advanced security protocols, and a seamless user experience, eToro continues to bridge the gap between traditional finance and the rapidly evolving world of cryptocurrencies.
Stellar Lumen paper wallets
Creating a Stellar Lumens (XLM) paper wallet is an excellent choice for securely storing your assets offline, especially for long-term holdings. By generating and printing your public and private keys on paper, you ensure that they remain inaccessible to hackers. You only need to access a wallet application when you wish to send a transaction; receiving XLM can be done by simply providing your public address to the sender.
1. Stellar Account Viewer
The Stellar Account Viewer, available on the official Stellar website, is a trusted tool for generating public and private keys. Although it is not specifically designed as a paper wallet generator, it serves this purpose effectively. After generating your key pair, you can print them out and store the paper securely offline, ensuring that no hacker can access your XLM. When creating the wallet, ensure that your computer is free of malware and consider disconnecting from the internet during the process for added security.
2. Stellar Paper Wallet Generators
For a more tailored paper wallet experience, you can use dedicated Stellar paper wallet generators. One such tool is the Stellar Paper Wallet Generator, which allows you to create a printable, foldable paper wallet. It's recommended to download the generator and run it offline to maximize security.
While we've provided information based on our best knowledge and experience, it's crucial to conduct further research and consider multiple perspectives. Testing various wallets yourself can help you determine which one best suits your needs.
If you have questions or suggestions for improvement, feel free to leave a comment. We're here to assist and appreciate constructive feedback.
