Review on Edge by Temitope Babatunde
Edge Wallet May Be A Good Choice
Edge wallet was released in 2018 by the former Airbitz team, it took the team number of years before they finished it. The wallet is mobile based made for Android and IOS mobile devices alone and can be freely download from Playstore or iTunes store. The wallet has some great features making it easier for newbies to use it.
As secure as the wallet is, restoring a wallet is so easy that what the user need to remember is only the username and the password unlike others where you need to remember or save some seed phrase. The interface is simple and is one of the wallet approved by the Monero core team due to its excellence privacy.
Though not home to so many cryptocurrecies, but it do support the major ones, more so it has support for all erc20 based tokens, one don't even need to create special wallet for each of this tokens, just send it to the ethereum wallet in your Edge wallet and it will automatically create the address for such token.
As part of its security set up, it has 2FA, code pin set up and password. The support team is up and doing.
Because it is mobile and hot wallet the user who wanted to hold a very big amount of coins in it should consider it very well, but in all the wallet is fine, easy to setup and use and very secure at hot wallet level.
Pros
- One can exchange one cryptocurrency for another right inside the wallet without the need of transferring it to an exchange.
- It has high security features, that make it the choice of many.
- It is mobile based wallet, which makes it accessible anywhere.
- There is no KYC, so the user is annonymous.
- The private key is at the level of the users.
- No hidden fees for using the wallet, except the fee collected when doing exchange.
Cons
- It only has support for few cryptocurrencies.
- Only available for mobile users.
