Uniswap’s new crypto wallet is not on the App Store. Courtesy of Uniswap
Uniswap Labs, which partners with popular decentralized cryptocurrency exchange Uniswap, announced the launch of its own self-custody wallet on Friday. Uniswap’s trading platform is probably the most recognizable brand in his DeFi space, used by millions of investors to exchange his one form of crypto for another, hence this News is important.
Uniswap, which unveiled the wallet at the EthDenver conference, drew attention to the wallet’s ability to seamlessly switch between various Ethereum networks, including Polygon and Optimism. The wallet also has tools for discovering prices, monitoring trends, and tracking the trading activity of other his Uniswap wallet users.
in an interview with luckCal Capuozzo, lead designer at Uniswap, says Uniswap has made the wallet as accessible and intuitive as possible. He explained that this process required learning from his requests for help posted by users when he tried to connect other wallets, including MetaMask, to Uniswap’s platform.
The new Uniswap wallet also includes the ability to store a seed phrase (a secret password, usually consisting of 12 or 16 random words) in Apple’s iCloud. While this feature is opt-in to soften crypto-privacy hawks who warn against sharing seed phrases with anyone, it could prove popular with users who appreciate convenience.
Ironically, despite iCloud functionality, the wallet remains largely inaccessible as Apple refuses to give Uniswap permission to add it to its App Store. Uniswap expressed its dismay at Apple’s decision in a blog post.
“We responded to their concerns, answered all of their questions, and reiterated that we were 100% compliant with their specifications. I don’t know why we didn’t give the green light to the launch of .We are at a loss,” Uniswap wrote.
Apple has been wary of cryptocurrency apps in the past, blocking Coinbase and other services that offer trading several years ago. The company was asked to comment on its refusal to approve Uniswap’s wallet, although the decision may be related to the recent government scrutiny of cryptocurrencies, but the move is a step up for the company. Some might see it as part of a strategy to protect payments. empire.
Uniswap wallet is currently not available for Android platform. For now, anyone who decides to use it must seek permission from the company and then operate through Apple’s trial software platform known as TestFlight.