Apple Approves Decentralized Exchange Uniswap iOS Wallet App – Here's How it Works
"This is not a drill," wrote Uniswap Labs, the company behind one of the world's leading decentralized exchanges. "The Uniswap mobile wallet is out of Apple jail and now live in most countries."
Uniswap Wallet is developed by the Uniswap Labs team, inventors of the Uniswap Protocol.
The tech giant approved the app for use in several countries worldwide, said the team on Thursday.
The wallet itself is currently available in the United Kingdom, Hong Kong, Spain, Indonesia, Netherlands, France, Poland, Switzerland, Ireland, Romania, Italy, Portugal, and New Zealand.
The team added that,
"We’ll continue to launch in other countries as soon as Apple lets us."
The App Store preview states that this wallet enables its users to easily create a new Ethereum wallet or import their existing wallet.
The recovery phrases are stored in the iPhone secure enclave and require Face ID to authenticate access. The recovery phrase can also be backed up to iCloud in case the phone is lost.
According to the announcement, the mobile wallet allows users to:
When buying crypto, users can use their debit/credit card and complete the purchase via crypto payments infrastructure provider MoonPay.
Uniswap partnered with MoonPay in December last year to enable users to buy crypto on the Uniswap Web App using a credit card, debit card, or bank transfer.
To download the app, users only need to select “Get”, which will prompt them to enter their Apple ID Password, or they can enter the password via Face ID.
The Wallet will be ready for use as soon as it's fully downloaded.
To create a new wallet with the same recovery phrase, users need to open the wallet selection menu, choose “Add Wallet", followed by “Create a new wallet".
They can also copy the recovery phrase
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