Uniswap Wallet Was Rejected From the App Store, Here’s Why

Uniswap exchange launched its self-custody crypto wallet called Uniswap Wallet, but Apple has rejected it from the App Store.

 

Decentralized exchange Uniswap has launched a polished self-custody crypto wallet called “Uniswap Wallet.” The wallet allows users to store and trade cryptos without a centralized exchange safely. However, the app has run into a roadblock, as Apple won’t let it on its App Store.

 

According to Uniswap, the rejection was because Apple cited “an unresolved issue” with the app. The company stated that it was working to resolve the issue with Apple and was committed to bringing the app to the App Store.

 

Uniswap Wallet is not the first crypto-related app to be rejected by Apple. The tech giant has a history of hesitating to allow cryptocurrency apps on its platform, citing concerns over security and compliance.

 

However, Uniswap Wallet is not the only crypto wallet available on the market, and users have several options. The app is also available for download on Android devices through the Google Play Store.

 

Uniswap has gained popularity as a decentralized exchange that allows users to trade cryptocurrencies without intermediaries. The launch of Uniswap Wallet is seen as a move to empower users further and promote the adoption of decentralized finance (DeFi).

 

The rejection by Apple may be a setback for Uniswap, but it is unlikely to hinder the growth of the decentralized exchange or the adoption of DeFi. As the crypto industry evolves, more companies are expected to develop innovative solutions to meet users’ needs. Crypto wallets are likely to play an increasingly important role in the ecosystem.

 

In the past, Apple has been cautious about allowing crypto apps on its platform and has even blocked services like Coinbase from offering to trade. While the company has not commented on its refusal to approve Uniswap’s wallet, it may be related to increased government scrutiny of cryptocurrencies.

 

However, some experts suggest that Apple’s decision could also be part of a broader strategy to protect its own payment business.

 

Unfortunately, Uniswap Wallet is not currently available on the Android platform. Interested users must apply for a license from the company and use Apple’s TestFlight software platform to access it.

 

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