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Top 7 Best Stellar Lumens (XLM) Wallets 2023

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Stellar Lumens xlm wallet

Thanks to the super crypto rally of 2017 and 2021, Stellar Lumens and many other cryptocurrencies found themselves at the crosshairs of investors. Like almost all blockchain-based products, the Stellar platform has a founding in decentralization and wants to connect global banks, payment systems as well as people as they move on and make cross border payments fast, latency-free and above all, secure. 

The security emanates from the base system, the blockchain from which the platform depends on for expediency. The Stellar platform are in direct competition with Ripple, an alternative payment system, and as a matter of fact, the original founder of Stellar, Jed McCaleb was one of the founders of Ripple Net. They have since parted ways though Jed continues to draw a large amount of XRP-the native coin of the Ripple Network on a monthly basis via a working agreement running for seven years.

Now should you want to invest in Stellar, then you have to purchase its native tokens—Lumens, ticker symbol XLM. And because in the world of cryptocurrency the investor is his/her bank, where his investment is stored is of prime importance. While we recommend buying XLM in reputable exchanges who support fiat-crypto conversion as BitFinex, storing your XLMs at the exchange’s wallet is but a terrible idea. Exchanges hold large amounts of investor funds—who often trade and as such are the honey pot for hackers. This is why selecting a reliable and refutable wallet, preferably a cold wallet that is offline, is of prime importance.

In this post, I will take you through the top 7 best Stellar Lumens XLM supporting wallets vetted by the community. Our list prioritizes security, coin support, ease of use and price. These wallets are:

1. Guarda Wallet

guarda wallet

Guarda is a non-custodial multi-platform cryptocurrency wallet designed to store, manage and transfer digital assets with ease. Guarda currently supports over 40 most popular blockchains and over 10.000 of their tokens (including BTC, XRP, BCH, BSV, ETH, ETC, XMR, ZEC, EOS, KIN, LTC, XLM, DASH and more). All the currencies can be purchased inside the wallets with a bank card. The users can also exchange currencies via built-in exchange service and make rapid cryptocurrency transactions.

Guarda Wallets are available in various versions: Web, Desktop (Linux, Windows, macOS), Mobile (iOS, Android) and Chrome Extension.
Guarda cryptocurrency storages work across platforms and can be accessed from any device that is connected to the Internet. Besides the main multi-currency wallets, Guarda offers a range of single-currency open-source Mobile wallets.

As Guarda provides custody-free wallets, the user’s personal data or private keys are not stored or used by the company in any way – this enhances the crypto-coin and token security and prevents all chances of information leaks.

Main features:

  • Support of 40+ blockchains and over 10 000 tokens;
  • Full user control over private keys and assets;
  • User-friendly interface;
  • Credit/debit card cryptocurrency purchases;
  • Built-in cryptocurrency exchange;
  • 24/7 customer support line;
  • Securely encrypted wallet backup;
  • Cross-platform accessibility.

2. Ledger Nano S (“Editor’s Choice“)

ledger nano s wallet

First, Ledger Nano S is a hardware wallet. As aforementioned, hardware wallets are off-grid meaning they are not connected to the internet but that doesn’t mean the wallet can’t operate. All things constant, the Ledger Nano S is a cut above the rest, especially it comes to price, the number of coins supported (sometimes you might want to diversify) and general design. The wallet is also seeking and security is center stage for the wallet designer. 

This hardware wallet is a product of Ledger Company which was only incorporated two years ago. Initially, their first generation of wallets supported Bitcoin and a couple of then high liquid coins as ETH but they have since expanded and offer support for XLM. 

Ledger Nano S has an O-LED screen allowing for users to double-check their transaction on a press of a button and through their USB cable, the wallet is compatible with Windows 7 and later versions, Linux and Chrome OS. Besides, the wallet can co-exist and even run in parallel with electrum, Copay, Mycelium and a couple of other popular hot wallets. 

For security, the Ledger Nano S can easily synchronize with Stellar Account Viewer and the security of your private keys is guaranteed since they are not actually stored by the device but are tracked securely on the blockchain they operate from via the device. Additionally, should you lose your device, the 24 phrase words can effectively act as your recovery keys when restoring your XLM holdings.

Ledger Nano S Voted #1 Best XLM Wallet By Our Readers

3. Atomic Wallet

atomic wallet

Atomic is a multi-currency custody-free Stellar XLM wallet, that supports over 300 other coins and tokens. You can secure, manage, exchange and buy XLM in a user-friendly interface protected by a mnemonic seed. You fully control your funds.

Multi Platform

Atomic Wallet is available for most operating systems, including Windows, macOS, Linux and Android. The app for iOS is to be released in 2019.

Security and Anonymity

In Atomic, only you have full access to your funds. Atomic Wallet uses on-device intelligence and stores all private keys on your computer or/and smartphone. Your privacy is well-protected with the password you set and a 12-word mnemonic seed phrase.


Apart from XLM, Atomic supports over 300+ coins and tokens. You can secure and manage them, exchange and buy using built-in services and do it all in one interface, without going to external websites. Moreover, Atomic enables you to add any ERC20 token in a few clicks and manage it.

Zero Fees

Atomic is a freeware that generates you a unique wallet address. 

Instant exchange and Buy crypto option

Atomic Wallet enables you to exchange XLM for 60+ cryptocurrencies. This service powered by Shapeshift, Changelly, and Changenow.
The in-app buy option is powered by Simplex allows you to buy XLM, XRP, Bitcoin, Ethereum, Litecoin and Bitcoin Cash with a credit card in a few clicks. The whole process takes several minutes and charges a 2% fee for Atomic.

24/7 support
Atomic cares about its users. The support staff works 24/7 and always ready to help if something goes wrong. The average reply time is about 1 hour.

you can also check our best Loopring wallets 2022 List

4. Stellar Desktop Client

stellar desktop client

As the name suggests, this is a hot/cold wallet—depending on internet connection– available for desktop users and another viable option should you want store Stellar Lumens for free. All you have to do is download and install the wallet for free. 

Once the installation is complete, what should stand out is how the screen is well structured, intuitive and easy to use, a perfect feature for first-timers. 

There would be two options: either create a new wallet or restore an old one. If you decide to create a new wallet, a password protected text file is generated and stored on your computer. Every time you want to access your wallet, the file must be activated. In essence, the file acts as your private keys providing you access to the Stellar blockchain and that’s why securing it is key. 

The only vulnerability that users might find with this wallet is the state of the desktop computer on a security angle and if it’s connected to the internet. If connected, then it’s up to the user to steel the computer’s security and if not, then the client is basically a cold wallet. The only thing that should be done then is to prevent the text file from being corrupted.

5. Stronghold Wallet

stronghold xlm wallet

Just to be clear, Stronghold is an exchange wallet. However, what makes this wallet special is that the exchange—Stronghold–runs on the Stellar blockchain. It describes itself as the on-ramp and off-ramp of Stellar network representing Lumens (XLM) of the Stellar decentralized exchange, often called the DEX. 

As mentioned, exchanges are points of trade where investors can trade, buy or sell tokens and later store them on-site or move them elsewhere. So by virtue of running on the Stellar network, the Stronghold exchange wallet can be that secure and safe place to store Lumens coins. 

6. StellarTerm

stellarterm wallet

This is yet another web-based wallet with a good security reputation and a decentralized exchange complete with a functioning trading client for traders or investors. As a wallet, the security of your XLM coins is guaranteed because the wallet runs on the Stellar network which as we said hosts this wallet. Once you install the wallet, users can directly generate the public and private keys through their easy to use and attractive user interface. 

StellarTerm can run on Windows, Mac as well as Linux operating systems and so it shouldn’t be a problem for users. The good thing about this wallet is that the private keys are stored locally within your client’s computer. 

Besides, the StellarTerm trading client supports a couple of other cryptocurrencies meaning there is an option of investors to convert part or all of their XLM holdings to other coins or tokens of their liking. What’s even special for StellarTerm is that it is easily compatible with Ledger Nano S, the hardware wallet we mentioned above.

7. Lobsterlobstr wallet

Should you prefer a light and simple to use a web wallet, Lobster should top the list. It’s free to use and to begin operations, the user is required to sign up using their email. The Lobster web client login details will be sent to the user email address and thereafter one should log in and create a Stellar Account. 

Thereafter, one can easily generate the account recovery seed phrase and public and private keys. It’s the private key that should be kept secure and that’s why it’s upon the investor to store the wallet safely. Should you want to deposit your XLM to the Lobster account, the public keys provided should be the recipient’s address.


Of course, those are not the only wallets available, there are tons out there. To recap, the rule of thumb when selecting your Stellar Lumens wallet is security, coins supported and price. Wallets should be affordable and if you need to store XLM coins off-grid then you have to spend money but do so at accredited device dealers only. 

Ledger Nano wallets have their own distributors and it’s important to follow their instructions since you might end up buying fake Ledger Nano S devices loaded with malware. If not, then a web wallet can be a good cover. The only precaution you should make is on a good antivirus and yes, app rating matter. Settle for blockchain community approved wallets.

Arthur Webb: passionate about how technology can empower people to create a more just and sustainable world.



  1. Cameron11

    October 25, 2018 at 9:52 am

    Hello dear author!

    Great post! This is a topic that I always think on loud voice.
    People need to trust more to crypto because I suppose it is our future.

  2. munty

    December 1, 2018 at 3:36 pm

    you don’t have access to your private keys on lobstr!

  3. craigp

    April 19, 2021 at 3:58 pm

    Concerning stella lumens wallet in Guarda Wallet. Am having difficulties in transferring in from to store and activate wallet. Tried several times.. What is the easiest way to activate XLM wallet?

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