3 Min Read 
Introduction
We are thrilled to announce that Edge has integrated Build on Bitcoin (BOB) into our app! This integration allows our users to send, receive, and swap assets on BOB seamlessly, enhancing our commitment to providing a diverse range of cryptocurrencies. Read on to learn more about BOB, the benefits of using Edge, and how to get started with your new BOB wallet.
What is Build on Bitcoin (BOB)?
Build on Bitcoin (BOB) is a hybrid Layer-2 protocol that leverages the Ethereum Virtual Machine (EVM) to scale Bitcoin. By utilizing the OP Stack framework and offering compatibility with Solidity smart contracts, BOB enables the development of decentralized applications (dApps) on Bitcoin, thus unlocking new possibilities for innovation and scalability.
Vision for BOB
BOB aims to create a programmable layer for DeFi protocols on Bitcoin, enhancing economic sustainability through rollups and facilitating seamless interactions between Bitcoin and Ethereum. A rollup is a solution that aggregates multiple transactions into a single batch, processes them off-chain, and then submits a summary of these transactions to the main blockchain (layer 1). By encouraging innovation across various domains like AI, DAOs, DeFi, NFTs, and entertainment, BOB seeks to expand Bitcoin’s use cases while maintaining its core values of security, decentralization, and immutability.
Why Edge is the Best Place to Store Your Funds
Seamless Key Management: Edge employs a unique key management system where your private keys are client-side encrypted and stored locally on your device. This ensures that only you have access to your funds, and by utilizing a username and password setup, eliminates the risk of writing down backups on paper insecurely.
Privacy Focus: Edge is designed with a strong emphasis on privacy. By running the majority of our business logic directly on your device, and only requiring an username and password to create an account, Edge does not collect personal information and minimizes reliance on internal servers by connecting users directly with open blockchain networks.. This approach ensures that your transaction data and identity remain private.
User-Friendly Experience: Edge offers an intuitive interface that makes managing your cryptocurrencies easy, even for beginners.
Multi-Currency Support: With Edge, you can manage not only BOB but also a wide range of other cryptocurrencies, all within a single, secure platform.
Additionally our code base is open source and our white paper is available for those interested in the details of our “Edge Security” platform.
How to Add a New Wallet to Your Edge Account
- Open Edge: Launch the Edge app on your device.
- Navigate to Assets: Go to the “Assets” tab.
- Add Wallet: Tap on the “+” icon to add a new wallet.
- Select BOB: Choose “BOB” from the list of available cryptocurrencies.
- Create Wallet: Follow the on-screen instructions to create your new BOB wallet.
For more information, visit our support article on How to Create a New Wallet
How to Swap Funds from a Custodial Exchange into Edge
For a step-by-step guide on transferring your funds from a custodial exchange to Edge, please refer to our detailed blog post here. This guide will walk you through the process, ensuring your funds are securely transferred and stored in Edge.
Exploring BOB’s Capabilities with Edge
With the integration of BOB, Edge users can now benefit from the advanced features and scalability that BOB brings to the Bitcoin ecosystem. From innovative DeFi protocols to seamless interactions between Bitcoin and Ethereum, the possibilities are vast and exciting.
Stay tuned for more updates as we continue to enhance our platform and support the latest developments in the cryptocurrency space.
Get in Touch with Real Humans
At Edge, we prioritize customer satisfaction, and our support team is here to assist you every step of the way. Whether you have questions, encounter issues, or simply need guidance, our team of real humans is standing by to help. You can reach out to us at support@edge.app, and we’ll be happy to address your needs promptly.
Thank you for choosing Edge, and stay tuned for more exciting updates in the future by subscribing to our newsletter below!edge.app
