Edge downloads files to the, well, folder for Downloads, oddly enough, but you may want to change that. If so, that's quite possible, but there's no easy option, and you've got to use a workaround instead.
Windows 10 is supplied by Microsoft with Edge, the successor to its Internet Explorer browser (although IE is still present, Microsoft has recently announced that its days are numbered). However, for many individuals, no matter what Microsoft wants, using Chrome or Firefox is the norm.
The most frustrating aspect of automatic updates is the restart, which may appear to occur at random (and at inconvenient times). The best way to counteract this is to go to Windows Update (in Settings > Update & Security), select Advanced Options, and then Notify Schedule Restart, which ensures that instead of interrupting whatever you are working on, the OS will request a reboot.