Microsoft is currently testing a new cryptocurrency wallet feature for its Edge web browser. The feature is said to provide users with exclusive control over a non-custodial crypto wallet with integrated security features to protect against insecure addresses or apps. According to screenshots leaked by Twitter user Albacore (@thebookisclosed), the wallet appears to support Ethereum-compatible blockchains.
The Edge Crypto Wallet Setup Process
Testers are required to use their own funds to set up the crypto wallet, and Microsoft warns that it will not reimburse users in the event of loss. During the setup process, users are asked to create a password for their wallet. Once the wallet is set up, users are presented with a dashboard that includes Overview, Assets, Transactions, Connections, and Explore sections.
The Overview section shows how the value of the cryptocurrency held in the wallet has changed over time. The Transact button allows users to swap, send, or buy cryptocurrency, and sending crypto requires the user to enter a public address, nickname, or ENS name. The buy option lets users buy crypto through the Coinbase or MoonPay exchanges.
The Edge Crypto Wallet Assets and NFTs Sections
The Assets section of the wallet includes two subsections for crypto and NFTs. Under crypto, it lists the names, balances, 24-hour price changes, and market prices of the cryptocurrencies in the wallet. The NFTs category allows users to see their collections from various marketplaces in one place.
The Explore section shows news about cryptocurrency from outlets such as Fortune, The Motley Fool, and CNBC.
Microsoft Asks for Feedback from Testers
Microsoft has asked testers to provide candid feedback on the wallet’s functioning. Testers have a unique opportunity to shape Microsoft’s foray into cryptocurrencies and NFTs. The company typically makes new features available to those who sign up for its Insiders programmes.
Microsoft’s Infamous History for Security Vulnerabilities
It is unclear whether or when Microsoft will roll out the Edge crypto wallet to the general public. However, it will be interesting to see whether users will trust Edge with a crypto wallet, given Microsoft’s infamous history for security vulnerabilities on its once-ubiquitous browser — Internet Explorer.
Conclusion
Overall, the Edge crypto wallet feature provides users with a simplified experience to make Web3 easier to interact with. It offers exclusive control over a non-custodial crypto wallet with integrated security features, including a password and reliable recovery strategy. Microsoft is yet to confirm when this feature will be available to the general public.