Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet app to drive wider adoption of the DeFi wallet and support active trading. The Uniswap mobile wallet plans to make it easier for users to buy crypto by offering a competitive nominal “on-ramp” fee of 2.55 percent, the protocol says. Users can also exchange funds between popular DeFi platforms such as Polygon, Arbitrum and Optimism. The wallet features in-app token price and NFT data; Thus, users can add tokens and wallet addresses to favorites and review the transactions that work best for them.
The creators of the app hope these features will encourage users to store their own crypto, with DeFi wallets that have higher barriers to entry than traditionally centralized modes of purchasing and storing cryptocurrencies.
Too many people get stuck at the starting line. We are receiving thousands of user support calls from Uniswap Web Application users who are confused about self custody wallets. That’s why we’re proud to bring you your own storage wallet that’s simple, secure and easy to use.
Early access TestFlight users can now download the app from the iOS App Store. According to the press release, Apple has approved the Uniswap mobile wallet in some countries and will continue to do so in more. It is still unknown which countries have received approval so far. It remains unclear whether and when the mobile wallet will come to Google Play.