The decentralized cryptocurrency exchange (DEX) Uniswap would like to launch its self-custodial wallet on mobile, but Apple does not hear it that way. Thus, the company that operates the first DEX in terms of traded volume remains in the dark, because Apple does not give the green light for its launch on the App Store and refuses to explain itself.
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Uniswap is being put in the way
Uniswap (UNI), the largest decentralized exchange (DEX) in terms of volume traded, sees the launch of its mobile wallet delayed by refusals from Apple which would, a priori, be without explanation. According to the press release from Uniswap, the firm at the apple would have approved the first version of the application last October.
However, the launch of the wallet would have been blocked by Apple only a few days before its official release date, or last December. Since then, the company specializing in decentralized finance (DeFi) has remained in the dark since she does not know the reasons for this refusal.
“Apple approved our first version in October, but rejected the final version just days before our December launch. Since then, we have responded to their concerns, answered all their questions and reiterated that we are 100% compliant with their guidelines. Other self-custodial exchange wallets have been approved, but Apple hasn’t given the green light to our launch and we don’t know why. »
Apple’s regulatory context is all the more difficult to tame as it is not public. As such, according to Tim Cook’s company rules, an application that offers cryptocurrency trading must be based on an “approved” exchange. However, the MetaMask application is for example available on iOS while it is decentralized and that it is, moreover, able to interact with the Uniswap DEX.
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What does the Uniswap mobile wallet offer?
According to Uniswap, this mobile wallet allows you to perform all Web3-related tasks both in terms of cryptocurrencies and non-fungible tokens (NFTs), with an emphasis on decentralization since it is a self-custodial wallet. whose creation is as fast “as for an email address”.
One of the most interesting features is undoubtedly the possibility of connect to different decentralized applications (dApps) without having to switch networks manually.
“Uniswap mobile wallet is the best way to manage your wallet on Ethereum, Polygon, Arbitrum and Optimism. With WalletConnect, you can simultaneously manage connections to multiple web applications on different networks. For example, you can connect to Lido on Mainnet, Aave on Polygon, and Uniswap on Arbitrum without changing networks. »
On the security side, the Uniswap mobile wallet has been audited by Trail of Bits. User keys will benefit from the security offered natively by Apple-branded devices and can be saved easily on Apple iCloud.
Pending Apple’s approval for launch on the App Store, Uniswap will allow 10,000 users to test its wallet via the TestFlight environmentin particular in order to prove to Apple that its application is safe.
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Source: Press Release
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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