Review on Edge by Olugbenga Ajayi
I am motivated to use the Edge wallet
Edge wallet is one digital wallet with many rich features. It was founded in 2014 in California and it started originally as a Bitcoin wallet and later added six more cryptocurrencies with exchange features. The inbuilt exchange features allow users to buy and sell (trade with Currencies) right inside the wallet.
Edge wallet is designed in such a way that it does not have any knowledge of user data because all data are encrypted right inside the users device before arriving the edge server. With this, user data is protected against malware and server side hack.
It is a wallet for mobile use only. It support IOS and Android. Using the wallet is as simple as downloading it from the appropriate store.
Other positive attributable to edge wallet includes:
1. Users can spend their cryptocurrency on gift cards accessible from any popular online store like Amazon.
2. It is open source
Personally I am motivated to use edge wallet owing to its security features. I believe that in the future they will add more cryptocurrencies to the wallet and make it usable on other devices apart from mobile.
Pros
- It provides good customer support via email and FAQ
- The wallet has inbuilt exchange with which one cryptocurrency that is losing valu can be easily exchange for the other. This saves users time and money that would be required to use a different exchange platform
- It is safe. It is designed in such a way that users data are encrypted before reaching their server
- There is backup facility in case of device loss
- Users privacy and annonymity is guaranteed
- It uses password recovery manager to protect account
- Public keys and private keys are under users control
Cons
- It does not support more than 7 cryptocurrency
