• 02 July, 2024
News

Microsoft Edge To Start Offering an Integrated Cryptocurrency Wallet

It has been reported that Microsoft is working on incorporating a Web3 wallet that is compatible with cryptocurrencies and nonfungible tokens (NFTs) into its Edge web browser. Microsoft Edge aspires to become an all-encompassing platform for everything relating to cryptocurrencies and blockchain-based assets with the impending implementation of this capability.

The Microsoft sleuth Albacore was the one who first discovered the new Edge Crypto Wallet. He tweeted several images and voiced his confusion on the likelihood that it may become a new Microsoft Edge feature.

It has not yet begun rolling out to Insiders, and it is quite probable that users of the Microsoft Edge Dev Channel are the only ones who can access it at this time as part of a very restricted test phase. Since this is a non-custodial wallet, you retain full ownership and control over your assets at all times. 

They will not have access to the passwords or recovery keys associated with the users. Throughout the onboarding process, Microsoft will tell you that it is already built into Edge, which makes it simple to use and eliminates the need to install any extensions.

The screenshots that accompany Albacore’s post demonstrate that it is possible to trade, transfer, and acquire crypto assets. The cryptocurrency exchange Coinbase and the Web3 infrastructure business MoonPay are shown as integrated platforms that enable users to buy crypto and deposit it in their wallets.

Users will also be able to see their cryptocurrency balances, price trends, and transfer and receive crypto using familiar addresses and names. This prospective move by Microsoft is another recent attempt to considerably boost up the services and capabilities of Edge, which has usually trailed behind rivals such as Google’s Chrome and Apple’s Safari in terms of popularity.

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