Uniswap, a decentralized cryptocurrency exchange, has unveiled its latest product, the self-custodial mobile wallet application. It comes with an array of features, such as price monitoring tools and mnemonic word storage on Apple iCloud.
Uniswap’s Latest Product, Early Release Available On TestFlight
However, the app’s launch on the Apple App Store has been delayed due to an apparent refusal from Apple to green-light its listing. At present, only a limited early release is available for users through Apple TestFlight, with no Android version yet.
Uniswap’s latest product is a completely self-custodial, open-sourced mobile app that enables users to swap tokens on Mainnet, Polygon, Arbitrum, and Optimism networks, manage their portfolios, and connect with web3 applications on different networks simultaneously.
The wallet also allows users to receive push notifications when transactions complete, encrypt and store their seed phrases on Apple iCloud or manually, and back up their private keys on devices using Apple’s secure enclave, which is excluded from device backups.
Despite complying with Apple’s guidelines, Uniswap has reportedly been unable to launch the mobile app on the App Store after Apple rejected its final build just days before its planned launch in December.
Although the exchange has responded to Apple’s concerns and reiterated its compliance with Apple’s specifications, it remains stuck in limbo.
Uniswap has decided to open up its internal TestFlight app to 10,000 users, the maximum allowed without Apple’s approval, to allow the community to experience the new mobile wallet. The exchange plans to share access codes across multiple channels and time zones to reach as many members of the community as possible.
The Uniswap mobile wallet is self-custodial, open-sourced, and audited by Trail of Bits, making it one of the safest and most reliable wallets in the DeFi space. The exchange hopes that Apple will eventually green-light its launch, allowing its users to access the wallet through the App Store.
Nevertheless, Uniswap’s new self-custodial mobile wallet application is a game-changer for the DeFi ecosystem, providing users with a secure and easy-to-use platform to manage their cryptocurrency portfolios.
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