Microsoft is building a cryptocurrency wallet into its Edge browser (2024)

Microsoft is building a cryptocurrency wallet for its Edge browser even as the crypto markets struggle. Sources familiar with Microsoft’s plans tell The Verge that the software giant has been testing the Microsoft Edge built-in crypto wallet internally in recent months, with plans to eventually ship it to consumers. It’s just the latest feature coming to Microsoft’s increasingly bloated Edge browser.

Screenshots of the crypto wallet leaked online last week thanks to Twitter user Albacore, who regularly documents unreleased features in Windows. Microsoft’s description of the crypto wallet says it has “simplified experiences that make Web3 easier to interact with” and that it has “integrated security features to protect you from unsecure addresses or apps.”

Microsoft employees recently got access to the crypto wallet in Edge, and it has already proved controversial internally. One source described the situation as a “bad look” after Microsoft recently laid off many from its Edge team who were working on far less superfluousfeatures.

Microsoft Edge will advertise the ability to purchase cryptocurrency from Coinbase and MoonPay through the built-in crypto wallet. It will also include the ability to connect decentralized apps to the wallet feature and support collecting and storing non-fungible tokens (NFTs).

The appearance of this Edge crypto wallet comes just days after Microsoft added a giant Bing button to its Edge browser in an effort to push people toward its search engine. The button isn’t easily removable. Microsoft has also faced criticism over adding buy now, pay later financing options into Edge, its aggressive prompts to stop you from using Chrome, and the way Windows 11 initially made it harder to change default browsers.

Microsoft has addressed the Windows 11 default app concerns, but Edge is gradually getting more bloated with features that I can’t imagine many will find useful. That’s a shame because Microsoft Edge is actually good.

Microsoft is building a cryptocurrency wallet into its Edge browser (2024)

FAQs

Is the Edge Wallet legit? ›

With that in mind, the Edge is secure for a mobile Android/iOS wallet. Your private keys are stored on your own device and they use a hash of your username and password. The private keys, username and passwords are never shared with or stored on the Edge servers in any way.

What is Microsoft Edge wallet? ›

Wallet | Microsoft Edge. Wallet. Shopping convenience meets data security with Wallet – one place to store your payment methods, passwords, and more. With Wallet, you can also add notes to your passwords, access your Microsoft Rewards or Cashback balances, or use virtual cards for even more security when you shop ...

How do I remove my wallet from Edge? ›

How do I archive (delete) a wallet?
  1. Locate the Asset List Screen by tapping on Assets at the lower left.
  2. Locate the name of the Wallet that you would like to Archive.
  3. Tap and hold on the wallet until a menu appears or tap into the wallet and tap the three vertical dots.
  4. Tap on "Archive Wallet"
Apr 13, 2024

Is Edge safe for crypto? ›

Is Edge the Safest Cryptocurrency Wallet? It is definitely one of the most secure and safe software crypto wallets you can get, but it is not as secure as a hardware wallet. For a list of recommended hardware wallets click here. How Much Space Does Edge Wallet Take Up?

Has Edge wallet ever been hacked? ›

On Feb 20, 2023, Edge senior staff were made aware of a security incident whereby a user had experienced an unauthorized transaction which swept the full amount of their Bitcoin wallet. All other funds on their Edge account were intact.

How do I cash out my edge wallet? ›

Sell Crypto Remotely for Cash
  1. Go to the main menu and Tap on “Sell Cryptocurrency”
  2. Select Your Region.
  3. Tap on the “Cash” option Powered by Bitaccess.
  4. Find a BTM location near you and tap on that location.
  5. Confirm your phone number.
  6. Select the asset you wish to sell.

Who is the owner of Edge wallet? ›

Paul Puey is the CEO & Co-Founder at Edge . Additionally, Paul Puey has had 2 past jobs including 3D Software Engineer at NVIDIA .

How safe is Microsoft Wallet? ›

Digital wallets offer a high level of security, sometimes more than traditional payment methods. The convenience they provide, in addition to their robust security measures, can make them a smart choice when used safely.

Is Microsoft Edge is safe or not? ›

With enhanced security mode, Microsoft Edge helps reduce the risk of an attack by automatically applying more conservative security settings on unfamiliar sites and adapts over time as you continue to browse.

Is Edge wallet private? ›

Private By Default

Edge has a zero-knowledge security architecture meaning we don't need, nor do we want, any of your private information. Respecting your privacy is a core value in everything we engineer.

What type of wallet is Edge? ›

Edge is a mobile wallet that makes holding and trading bitcoin simple, while also allowing users to send, receive, and trade additional digital currencies. Edge wallet is safe, secure, and user-friendly, resulting in a simple user experience for both newbies and veterans alike.

Is Edge wallet legit? ›

The Edge wallet may be very secure, but it's still a mobile wallet and hardware wallets are the most secure. Therefore, the Edge wallet is most suitable for people who want a convenient and feature-rich wallet for storing a smaller amount of coins.

Can you buy Bitcoin with edge wallet? ›

The Edge app gives you several fast, easy options for buying Bitcoin so users don't have to create accounts on different platforms to buy, sell, and trade crypto. As well, due to our unique Edge Security model, your coins are protected and your transactions in Edge are private.

Is Edge a security risk? ›

Security Risks Of Edge Computing

Data acquired and processed at the edge does not have the same level of physical protection as data stored in more centralized locations. Vital information can be jeopardized by the removal of disk drives from an edge resource or transferring data to a memory stick.

Is the edge app legit? ›

Overall, the Edge wallet is a highly competent mobile crypto wallet. It is very safe, secure, and user-friendly, making for an excellent user experience.

Is Edge a real company? ›

Is Edge a good company to work for? Edge has an overall rating of 4.6 out of 5, based on over 48 reviews left anonymously by employees. 88% of employees would recommend working at Edge to a friend and 89% have a positive outlook for the business. This rating has decreased by 4% over the last 12 months.

Who owns Edge wallet? ›

Paul Puey is the CEO & Co-Founder at Edge .

Which wallet is better edge or exodus? ›

While comparing Exodus vs Edge, we can see that Exodus has a higher Value for Money score compared to Edge. Another highly important aspect is the Security Level - it can tell you how safe your crypto assets will be if stored in a certain wallet.

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