Edge Description
Cryptocurrency made easy and accessible, all under your control. With just one app, you can buy, store, and trade a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and many more. Whether you're in it for the long haul or looking for short-term gains, your assets are kept secure. Effortlessly switch between digital currencies and assets whenever you need. Convert your traditional money into the financial instruments of tomorrow. Our platform prioritizes cutting-edge security, user privacy, and simplicity in design, making it suitable for users of all experience levels. The Edge Wallet brings all these essential features together into one intuitive application, easing the management of multiple wallets and assets. Gone are the days of struggling with complex backups involving lengthy passphrases and confusing strings of characters. With Edge, you can conveniently store all your assets in one location; all that’s required is a username and password. The platform simplifies the process of buying, selling, or exchanging assets, allowing users to swap one blockchain asset for another in just a few straightforward steps. Now, cryptocurrency management is not only simplified, but it also becomes an enjoyable experience for everyone.
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So far so good 👍 Date: Dec 09 2023
Summary: Good experience, enjoy using it. It's simple enough anyone can learn it but offers advanced enough options that it's suitable for experienced users too.
It's security is above average in my experience. There was only one brief period in time where a technical glitch revealed sone vital transactional data to unauthorized users... I can't recall the details but essentially allowed a bad actor who was observing transactions to basically reverse engineer a transaction to send another transaction with the same nonce from your wallet to wherever they wanted. I was somewhat affected by this and lost about $50 in ETH. The company quickly caught the vulnerability and patched it within a day or so. While this sucked for some users, the Edge team's reaction to it was impressive.
I am a firm believer in second chances, no one is perfect, not even the smartest team of engineers. What counts is the reaction to an imperfect design or action. Apollo 13 was a disaster because of an engineering flaw, but the engineer's reaction to it got the crew home alive. Just saying. People are still getting launched into space.Positive: Been using Edge wallet since 2019. I've always appreciated its non custodial design and security features. I've had full control of my phrases and seeds since day 1, had 2fa options since day 1 turned on, and i have encrypted backups protected by strong password (that part is really on you, I go with 32 rando char cased alphasymolic passwords, so pretty good)
Negative: If your device is lost / stolen / destroyed, it's a little hard to get back into on a new device (if you don't have a 2nd device logged in to the edge app for authentication), but that's a pro/con cause a thief would have the same hard time or harder.
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You have to be very careful and almost paranoid about your security and backups. If you lose the keys, seed or phrases to any of your wallets and for whatever reason can't get back into edge on another device... well, it's all gone Pete Tong. Whatever assets you had are sent off floating into the ethereal wasteland forever.
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