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How To Set Up Edge Crypto Wallet for Beginners

Looking to get started with crypto? Learn how you can setup a wallet in minutes with the Edge Crypto Wallet.

Posted February 21, 2022

Edge Crypto Wallet Guide
Edge Crypto Wallet Guide

Investing in crypto is easier than you think. To get started with cryptocurrencies, you first need a place to store and access your crypto assets. Just like how you would store your fiat, or government-issued money in a wallet or bank, cryptocurrencies are stored in a crypto wallet. 

In this article, we’ll be walking you through how to get started with crypto using the Edge Crypto Wallet, which is also known as a hot wallet that can grant you access to store, buy, and sell cryptocurrencies easily. 

What is the Edge Crypto Wallet?

The Edge Crypto Wallet is a mobile cryptocurrency wallet that supports over 130+ different crypto assets including Bitcoin (BTC), Ethereum (ETH), and many others. 

Screenshot of the Edge Crypto Wallet homepage website.

As prefaced above, the Edge Crypto Wallet is categorised as a hot wallet, meaning that it’s a software-based wallet that connects to the internet to access its functions. It’s a great option for those just getting started with cryptocurrency.  

What are the different types of crypto wallets? Read our guide for a closer look

Setting up the Edge Crypto Wallet 

Follow our walkthrough below to get your Edge Crypto Wallet setup in no time!

Download the Edge Crypto Wallet on your mobile

The Edge Crypto Wallet is available to download directly from their official website. To be safe, make sure you visit the official Edge Crypto Wallet website here and click on the App Store or Google Play buttons to ensure you are downloading a legitimate copy of the Wallet and not a bootleg look-a-like.

The wallet does not require any customer information on signup. All data is encrypted and then stored on your device, if you download the Edge Crypto Wallet on different devices, they will be different wallets.

Create account

Now you can move on to creating your account.

  1. Choose your user name and password, please note that this is the only way to access your wallet, if you forget it no one can reset it for you.
  1. Confirm Password- it must have 10 characters, lower case, uppercase, numbers and special characters.
  1. Next you need to set a 4 digit pin to be able to access it on your phone, additionally you can use biometrics. 
  1. Then read through the terms and conditions of Edge Wallet and if you are happy with them then accept them and move on to the next step.
  1. You can now view your account information, so make sure you check it and have it recorded somewhere safe. Afterwards, proceed to click on Create.

There are a number of wallets already loaded up and ready to go, Bitcoin, Bitcoin Cash and Ethereum. You can also add other wallets by selecting them and adding them.

Also, checkout our hands-on setup guide of the Edge Crypto Wallet in our YouTube Channel:

Backing up your wallet

Backing up your wallet is an essential step in the setup process. The Edge Wallet will prompt you to go through this step upon opening your freshly downloaded copy of the wallet. 

Keep in mind if you were to lose access to your device you will need your username, password and PIN to recover your wallet and the assets inside. Therefore, it is imperative your credentials are written down and stored safely.

How to send and receive crypto using Edge Crypto Wallet

Sending and receiving crypto assets is quick and easy with the Edge Wallet. Follow our step-by-step guide below for detailed instructions:

  1. Open the Edge Wallet.
  2. Search for the crypto asset you want to store.
  3. Select Receive (destination coin).
  4. Use the address or QR code provided. You can now past this address into the field at checkout, and we will send the crypto straight to your Edge Crypto Wallet!

Takeaways

The Edge Wallet is one of many cryptocurrency storage options available out there. And as we mentioned before, it’s a hot wallet that is available only on mobile at the time of this writing. 

It’s also worth mentioning that the Edge Wallet is a non-custodial wallet, meaning that you are entrusting your assets to the service provider (custodial), as opposed to a custodial wallet where you hold the sole access to your crypto assets. 

What’s the difference? Read our comparison guide on custodial and non-custodial wallets

With that said, if you have any questions about Edge Wallet, check out their knowledge base or get in touch with Easy Crypto’s friendly support team!

Disclaimer:The user assumes all responsibility and risk for the use of third party services to store crypto currencies or virtual assets. Ensure that you do your own research before using any service, and are aware of the risks involved. Easy Crypto will not be liable for any damages caused by the use of a wallet or exchange provider.

Make sure to follow our Twitter, Instagram, and YouTube channel to stay up-to-date with Easy Crypto!

Also, don’t forget to subscribe to our monthly newsletter to have the latest crypto insights, news, and updates delivered to our inbox.

Disclaimer: This is general information only and is not intended to be advice. Crypto is volatile, carries risk and the value can go up and down. Past performance is not an indicator of future returns. Please do your own research.

Last updated February 21, 2022

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