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Edge vs Wasabi Wallet

Comparing
two wallets
Decided by
Editorial rating
Last reviewed
2026-08-26
Edge3.2

Open source mobile wallet that trades the seed phrase for a username and password, and published every detail of the one time it failed.

Wasabi Wallet3.6Bitcoin-onlyWarning

Still a working bitcoin wallet, but the coinjoin coordinator that made its name was switched off by zkSNACKs on June 1, 2024.

Verdict: Wasabi Wallet

Wasabi Wallet rates higher on our rubric: 3.6 against 3.2 for Edge.

Criterion
Editorial rating
Edge
3.2
Wasabi Wallet
3.6

Edge and Wasabi Wallet, fact by fact

Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.

Edge and Wasabi Wallet compared fact by fact from their reviews; a check marks the side a decidable criterion favours.
FactEdgeWasabi Wallet
Editorial rating3.23.6 (favoured on this row)
StatusAvailableCaution: see the review
Made byEdgezkSNACKs
PriceFree downloadFree download
Who holds the keysself-custodial, keys encrypted on your device under your password before any backup leaves itself-custodial, keys generated and stored on your own computer, never held by zkSNACKs
Bitcoin-onlyNoYes
Runs oniOS, AndroidWindows, macOS, Linux
ScreenNot statedNot stated
ConnectivityNot statedAll traffic over Tor by default, compact block filters instead of a server that learns your addresses, and hardware signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
Released2014 as Airbitz, relaunched as Edge2018; the download page serves version 2.8.1 for Windows, macOS and Linux
Countries on the maker's listNo published listNo published list
Last reviewed2026-08-262026-08-25

Pros and cons, side by side

Edge

What works

  • The source is public at github.com/EdgeApp, and the same key management is sold to other developers as an SDK
  • Username and password login, so a beginner is never handed a seed phrase to lose on day one
  • Backups are encrypted on your device, so Edge holds a blob it cannot read rather than your keys
  • A signed APK is offered for Android, so you are not dependent on Google Play
  • Buying, selling, swapping, gift cards and mobile top-ups are all built in through named partners

What to watch

  • Your password is the single thing protecting the wallet, and passwords are the secret people reuse
  • The logging routine that leaked keys was committed in 2019 and went unnoticed until a user lost money in 2023
  • The 2023 logging bug wrote unencrypted private keys into logs uploaded to Edge's servers, which cost some users real money
  • Encrypted key blobs pass through Edge's infrastructure, unlike wallets that keep everything local
  • Mobile only, hot wallet, no hardware signing and no secure element

Wasabi Wallet

What works

  • Bitcoin only and open source under an MIT license, with a public repository that is still actively developed
  • Self-custodial: keys are generated and stored on your own computer, and zkSNACKs never held funds
  • Every connection runs over Tor by default, and compact block filters mean no server learns which addresses are yours
  • Hardware wallet signing through HWI for Trezor, Coldcard, Ledger, Blockstream Jade and BitBox02
  • Full coin control, transaction labeling and privacy suggestions that name who will learn about a payment
  • Coinjoin is still in the software: you add a third-party coordinator in place of the one zkSNACKs ran

What to watch

  • zkSNACKs switched off its coinjoin coordinator on June 1, 2024, so the feature Wasabi was known for no longer works out of the box
  • Choosing and vetting a third-party coordinator is now your problem, and each sets its own fees and terms
  • Desktop only: Wasabi's own site states it is not available on mobile
  • Trezor Suite coinjoin and BTCPay Server integrations that used the same coordinator broke on the same day
  • Silent payments are send-only: Wasabi cannot yet generate or receive to a silent payment address

Frequently asked questions

Is Edge or Wasabi Wallet better?

Wasabi Wallet rates higher on our rubric: 3.6 against 3.2 for Edge. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.

Are Edge and Wasabi Wallet free?

Yes, both are free to download. What differs is who holds the keys: Edge is self-custodial, keys encrypted on your device under your password before any backup leaves it; Wasabi Wallet is self-custodial, keys generated and stored on your own computer, never held by zkSNACKs.

Is Edge or Wasabi Wallet bitcoin-only?

Wasabi Wallet is bitcoin-only; Edge supports other assets too. Bitcoin plus Ethereum, Litecoin, Monero, XRP, Dogecoin, Dash, Solana and more

Does Edge or Wasabi Wallet carry a warning?

Wasabi Wallet: zkSNACKs announced on May 2, 2024, days after US prosecutors charged the founders of Samourai Wallet, that it would discontinue the coinjoin coordination service behind Wasabi's headline privacy feature, and switched it off on June 1, 2024. The wallet is still developed and still works as a self-custodial, bitcoin-only desktop wallet, and coinjoin remains in the software, but you now have to find and trust a third-party coordinator to use it.

The full reviews: Edge and Wasabi Wallet, each with its sources, and every wallet we review.

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