Uniswap's Mobile Wallet Goes Live After Escaping Apple's Restrictions

Uniswap has launched a wallet app with the intention of increasing the usage of DeFi wallets and enabling seamless trading for its users.
This aims to reduce the obstacle connected to DeFi wallets and motivate individuals to take charge of their cryptocurrencies.

The smartphone software from Uniswap has officially launched after obtaining permission from the App stores on Thursday. On TestFlight, the application was only accessible to a small number of users when it was first released on March 3 as the tech giant refused to greenlight it without offering much explanation.

In a statement, the decentralized finance (DeFi) exchange noted that the app is not yet fully global but promised to continue adding to the list of countries where it will be available. Users who were using the TestFlight Version were informed that their information would automatically migrate to the live Uniswap wallet.

You need a self custodial wallet to do just about anything onchain — swap tokens, buy NFTs, purchase crypto, or use apps. Self-custody makes DeFi safer and ensures your crypto can’t be misused by a centralized party. But too many people get stuck at the starting line. We get thousands of user support tickets from Uniswap Web App users confused by wallets. So, we’re proud to bring you a self-custodial wallet that is simple, safe, and easy to use.

Uniswap Said in a statement.

1/ THIS IS NOT A DRILL 🔥🔥🔥

The Uniswap mobile wallet is out of Apple jail and now live in most countries 🎉✨

Download our self-custody, open-sourced app today! 👇https://t.co/yWxuw79xTY pic.twitter.com/QhK06icKBL

— Uniswap Labs 🦄 (@Uniswap) April 13, 2023

The app will support a range of cryptocurrencies and will provide users with a secure and user-friendly experience. Some of the attention-grabbing features include:

Seamlessly swap on Mainnet, Polygon, Arbitrum, and Optimism
Discover top tokens by market cap, price charts, and volume
Favorite tokens and wallet addresses to stay up to date on trends and activity
Connect to any app on Mainnet or L2s with WalletConnect
See NFT details like floor price, owner, and collection description
Choose your security method with manual or encrypted iCloud backups
Get notified of any on-chain activity with push notifications
Buy crypto using fiat with fees as low as 2.55%, vs. 5% on other popular wallets

Uniswap’s move to launch a mobile wallet app comes at a time when the DeFi market is experiencing unprecedented growth. The total value locked in DeFi protocols has reached over $100 billion, and the demand for decentralized finance solutions is only set to increase.

The launch of the Uniswap mobile wallet app is expected to drive further growth in the DeFi space and boost the adoption of decentralized finance solutions. It provides a simple and user-friendly way for users to access DeFi protocols and manage their digital assets from their mobile devices.