Microsoft is reportedly working on adding a wallet for the cryptocurrency Ethereum directly to its Edge browser. Furthermore, this feature would allow Edge users to send and receive cryptocurrencies and NFTs without needing additional extensions.

The wallet is being tested on a small scale and functions as a non-custodial solution, providing users complete autonomy over their funds. Albacore, a pseudonymous software documenter, reportedly uncovered this experimental feature of the Edge browser, as per a report by BleepingComputer.

The public keys of the Edge Crypto Wallet enable users to receive payments, while the private keys, which must be kept confidential, are necessary for approving transactions. The wallet is in the early stages of development and is only accessible to Microsoft Edge Dev Channel users.

Ethereum Wallet By Microsoft With Non-Custodial Features

During the onboarding process, Microsoft emphasizes that they will not be able to access users’ passwords or recovery keys. Testers must create a password and a 12-word recovery phrase to safeguard and retrieve their crypto wallet. The wallet will generate an Ethereum address that can receive funds after completing the onboarding process.

The Edge Crypto Wallet can manage multiple Ethereum accounts. In addition, users can link with decentralized apps (dApps) and gain access to a news section focused on cryptocurrency.

Microsoft has collaborated with Consensys to provide a built-in cryptocurrency exchange function that allows for swapping $ETH, $DAI, $UNI, $USDC, and $USDT.

Furthermore, Some signs suggest a possible introduction of a Bitcoin wallet in the future.Morever , A Microsoft spokesperson provided a statement in response to inquiries by BleepingComputer regarding this feature yesterday.

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Microsoft frequently evaluates new features to discover novel customer experiences. We are eager to receive feedback from customers and gain knowledge from it, but we have yet to have any additional information to share.

The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.