Uniswap launches mobile crypto wallet

Uniswap has announced the launch of its auto-custodial mobile crypto wallet for iOS devices. Users will be able to exchange DeFi tokens on Ethereum, Polygon, Arbitrum and Optimism while on the go.

Uniswap and the new iOS-only mobile auto-custodial crypto wallet

Uniswap has launched its new self-custody mobile crypto wallet for iOS devices, which is currently only available for some countries.

2/ We’re bringing Uniswap to your pocket—with the best L2 experience in crypto.

🔁 Seamlessly swap on Mainnet, @0xPolygon, @Arbitrum, & @optimismFND

🚀 Send and receive ERC20 tokens

🔔 Get notified when your transactions complete pic.twitter.com/KUILJoPft6

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

In essence, Uniswap’s decentralized exchange or DEX wanted to launch its own wallet that could be at the fingertips of its users, even when they are on-the-go.

At the moment, Uniswap’s signature crypto wallet that provides access to DeFi, supports the Ethereum, Polygon, Arbitrum and Optimism networks and is downloadable from the iOS App Store.

In addition to discovering, buying, exchanging and selling tokens, the new mobile crypto wallet allows you to connect to any app on Mainnet or L2 with WalletConnect.

Uniswap: mobile crypto wallet enables access to DeFi and NFTs

In addition to being a new tool for accessing the Decentralized Finance (DeFi) market, the Uniswap mobile crypto wallet also enables its users to access the Non-Fungible Token (NFT) market.

Indeed, in the long list of opportunities that the wallet offers, there is also the ability to “see NFT details such as the base price, owner, and collection description.”

Not only that, users can also choose their own security method with manual or encrypted backups to iCloud. 

In addition, Uniswap said cryptocurrency purchases through the new mobile crypto wallet will be able to be made using fiat currencies with fees as low as 2.55%, compared to 5% for other popular wallets.

Problems with Apple seem to be almost resolved

At the moment, it appears that Apple itself decides in which countries the Uniswap mobile crypto wallet app can be downloaded. The DEX team has assured that they will work to try to get more acceptance from the tech giant.

In fact, a month ago, news had leaked that Apple itself had denied consent to Uniswap specifically for the launch of its mobile wallet.

Basically, the first version of the present wallet had been approved by the tech giant in October, but afterwards problems started emerging, arriving at a final rejection. Indeed, the mobile crypto wallet was scheduled to launch as early as December 2022.

Given the present official news, what emerges is that Apple has finally given its approval.

UNI’s price is pumping

In the past 24 hours, UNI’s price has risen 7% from $5.95 to the current $6.36. Not only that, the present price pump is also relative to the last 7 days, when UNI was hovering around $5.99.

Looking at the chart, it is easy to see how the 20th crypto by market capitalization, follows the general trend of the major crypto assets.

At the time of writing, UNI’s total market cap exceeds $3.6 billion, with a total market dominance of 0.29%.