Edge enables the users to store, manage and trade cryptocurrency in the wallet. Edge is a mobile-only service, the platform is only available as an app for both iOS and Android smartphones. Users of the Edge wallet have the benefit of creating multiple wallets in the same account. Also, there is an in-app exchange feature for the purchase of cryptocurrency in the wallet instantly, with the option to choose and prioritize exchange providers.
Edge is designed for newcomers to the crypto world. With Edge wallet, one doesn’t need to worry about the long passphrase, a simple username and password are required to manage your account. The credentials can be used to back up and use the wallet in multiple devices seamlessly synchronizing in real-time.
Privacy is one of the major traits of the Edge wallet, users are not required to provide any email address or phone number to create an account. Edge uses zero-knowledge encryption and hence doesn’t collect any personal information or IP addresses. It is a Hierarchical Deterministic wallet and creates a new address for every transaction making all the transactions completely anonymous.
Edge gained popularity in the crypto community due to its robust security features. It is a client-side encrypted wallet, thus all the private keys are encrypted on the user's device and Edge will never have access to this information. Also, the wallet supports 2-Factor Authentication, spending limits and auto-logout features for enhanced security. For an additional layer of security, users can set up fingerprint and PIN for the wallet. In case of any loss of the device or forgotten login credentials, wallet and funds can be regained by using the simple password recovery feature.
