Edge Wallet has been at the forefront of providing users with a secure and user-friendly experience in managing their cryptocurrencies. Traditionally, users have been required to create an account with a username, password and PIN to ensure the security of their digital assets. However, Edge Wallet has introduced a new and convenient feature called Light Account, allowing users to streamline the onboarding process and start using the app almost instantly.
Light Account Setup
Unlike the conventional account creation process, the Light Account setup in Edge Wallet is simplified. Users can install the app, set up a secure PIN, and start creating wallets without the need for a username or password.
While the Light Account provides users with immediate access to the app, Edge Wallet emphasizes the importance of account backup. Users are prompted with a warning message every time they tap on Receive or Buy/Deposit, reminding them to secure their account by creating a unique username and password. This serves as an essential backup measure, enabling users to recover their accounts in case of device loss or if they simply uninstall the app.
A backup reminder warning card also appears if the user registers a FIO handle, but can be dismissed and doesn't appear at the next login.
Local Encryption for Enhanced Security
One of the key features of Edge Wallet is its commitment to user security and privacy. Once the user is ready to backup the account, the user credentials are locally encrypted. This means that the encryption process occurs on the user's device, and the Edge servers never have access to the user's credentials. This robust security measure ensures that user credentials remains private and protected.
Limited Capabilities for Safety
To prioritize user safety, Edge Wallet has implemented restrictions for Light Account users. Currently, users with Light Accounts cannot deposit, buy, or sell cryptocurrencies through the app. This limitation ensures that users can explore and utilize the various features provided by Edge Wallet without exposing themselves to potential risks associated with financial transactions.
Comprehensive Access to Features
Despite the above limitations, users with Light Accounts can access a range of other features provided by Edge Wallet. This includes the ability to create and manage wallets, import external wallets, monitor cryptocurrency balances, create FIO handles and explore the app's user-friendly interface. The Light Account option allows users to experience the full spectrum of Edge Wallet's capabilities while maintaining a focus on security.
Edge Wallet's introduction of Light Account creation represents a significant step towards enhancing user convenience in the realm of cryptocurrency management. By simplifying the onboarding process and encouraging the creation of a full working account, Edge Wallet ensures that users can enjoy a seamless and secure experience, making Edge Wallet a reliable choice for both novice and experienced cryptocurrency enthusiasts.