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Microsoft Edge is testing a built-in crypto wallet

source-logo  cryptoslate.com 17 March 2023 17:55, UTC

Microsoft is quietly testing a built-in crypto wallet for its Edge browser, as reported by software preservationist Albacore in a March 13 tweet.

Edge wallet is still in testing

Microsoft has not officially announced the wallet project, and the wallet’s introductory pages do not indicate which cryptocurrencies are supported.

However, those pages mention a “foray into cryptocurrency and NFTs,” and leaked screenshots suggest that Ethereum, DAI, USDC, and USDT are at a minimum supported. Some of those tokens appear to be added by the user through a custom token option.

Other screenshots suggest that the wallet includes trading integration with Coinbase and Moonpay, support for other extension wallets through its settings panel, and an “explore” tab that features crypto news stories from around the web.

Microsoft says that users of the wallet are “testers.” It adds that users must use their own crypto balance and warns that it will not cover any lost funds.

The wallet is non-custodial, meaning that users have complete control of their funds and that Microsoft cannot help users recover their wallet.

Further information is not available due to the project’s confidential nature.

Other browser wallets

Microsoft Edge is not the first web browser to include crypto integration by default.

Opera has supported cryptocurrency since 2018, initially adding the feature on mobile before extending it to the desktop in 2019. As of 2022, Opera supported several blockchain ecosystems and was producing a crypto-focused version.

Elsewhere, Brave features its own crypto wallet and native Basic Attention Token (BAT). It has also integrated with other projects, such as Solana in 2021 and Binance in 2020.

Users of other browsers like Mozilla Firefox and Google Chrome can install third-party cryptocurrency wallets such as Metamask or MEW.

Certain browser projects have taken a stance against cryptocurrency. Opera competitor Vivaldi has stated it will never create a cryptocurrency. Firefox creator Mozilla stopped accepting crypto donations to its own organization in 2022 following backlash.

cryptoslate.com