Microsoft Reportedly Testing New Built-In Crypto Wallet

Microsoft is reportedly working on an Ethereum crypto wallet built into its Edge browser, allowing users to send and receive crypto and NFTs without the need for additional extensions. The wallet is currently in limited testing and is a non-custodial solution, providing users complete control over their funds.

According to BleepingComputer, this experimental Edge browser feature was discovered by the pseudonymous software documenter Albacore. Microsoft, in collaboration with Consensys, shall also provide a built-in crypto swap feature between $ETH, $DAI, $UNI, $USDC, and $USDT.

Moreover, the public keys of the Edge Crypto Wallet enable users to receive payments and they must also keep secret private keys in order to authorize transactions. The wallet appears to be in its early stages for now, with access granted only to Microsoft Edge Dev Channel users.

Also, Microsoft emphasized that during the onboarding process, it would not have access to passwords or recovery keys. To secure and recover their crypto wallet, testers must create a password and a 12-word recovery phrase.

When the onboarding process is finished, the wallet generates an Ethereum address for receiving funds, and multiple Ethereum accounts are also supported by the Edge Crypto Wallet. Users can also connect to dApps and read the latest crypto news. Lastly, there are some indications that support for a Bitcoin wallet may be added in the future.