Decentralized exchange Uniswap has recently launched a mobile wallet that features built-in support for the exchange. The announcement, made on April 13, stated that the app is now available for iOS devices in select countries and can be found in Apple’s App Store.
The Uniswap team had initially complained on March 3 that Apple was blocking the app from its stores. However, the team later announced that the wallet was “out of Apple jail and now live in most countries.” The new wallet allows users to swap tokens on the Ethereum, Polygon, Arbitrum, and Optimism networks. Users can also connect the app to any Ethereum app through WalletConnect. Additionally, users can back up their accounts by either encrypting their key vaults with a password and storing them in iCloud or by writing down their seed phrase.
The Uniswap app also allows users to view detailed information about non-fungible tokens (NFTs) stored within it, including their floor prices and collections.
Several wallet developers have offered mobile apps with built-in decentralized finance (DeFi) functions to make it easier for users to onboard Web3 over the past few years. In 2020, Argent integrated MakerDAO and other DeFi protocols with its wallet app, while 1inch provided similar integrations in 2021.
Uniswap is currently Ethereum’s largest decentralized crypto exchange, with over $3.4 billion of total value locked inside its smart contracts, according to its own analytics page.
To use the Uniswap mobile wallet, users must first download the app from the App Store. The wallet offers a self-custody, open-sourced app that allows users to manage their cryptocurrencies more securely. The app also allows users to buy, store and swap their Ethereum-based assets quickly and easily.
The app is currently available in select countries, although the exact list of countries where the app is available has not yet been disclosed by the Uniswap team. However, the app will likely be made available to new countries in the coming months.
In summary, Uniswap’s mobile wallet now makes it easier for users to trade securely on the exchange. As a result, the wallet should attract more users to the platform as it offers more convenience and security. By launching its mobile wallet, Uniswap has joined other wallet developers in making DeFi more accessible to users worldwide. The wallet’s availability on iOS is particularly significant as it represents a huge market of potential users who can now use the app to trade on the go.