According to a press release issued on Thursday, Uniswap is a DeFi exchange that has developed a mobile wallet app to encourage the adoption of DeFi wallets and to support trading while on the go.

The Uniswap wallet mobile is designed to allow users to purchase crypto at a 2.55% on-ramp fiat fee, which is competitive according to the protocol. Users can swap funds with popular DeFi platforms such as Polygon, Arbitrum, and Optimism. The wallet includes in-app NFT and token prices. Users can also save their favorite tokens or wallet addresses to track trading activity.

The app’s developers hope that these features will encourage users, who have traditionally had a high barrier of entry to buying and storing cryptocurrency, to use DeFi wallets.

The exchange stated that “too many people are stuck at the start line.” We receive thousands of support tickets from Uniswap Web App customers who are confused about self-custodial wallets. We’re happy to offer you a simple, secure, and easy-to-use self custody wallet.

Users who have been granted early access to TestFlight can now download the iOS App Store. Apple has approved Uniswap’s mobile wallet in a number of countries. According to a press release, more countries will follow. Uncertain is which countries have received approval so far. The mobile wallet is not yet available on Google Play.

UPDATE: (April 13, 2023, 16:25 UTC). Adds details on Uniswap’s mobile wallet 2.55% fee to on-ramp fiat.

Read more: Uniswap topped Coinbase’s trading volume in March during USDC Depeg and U.S. crackdown

Stephen Alpher edited the book.