Uniswap increases the accessibility of its platform and gives users the ability to explore several blockchain networks by releasing a beta version of its Android app.
According to an update from the creators on October 12, Uniswap increased its reach beyond its initial availability on PC and iOS platforms by releasing its new mobile application for Android users through a beta version.
Uniswap, a dominant player in the decentralized cryptocurrency exchange market, has transacted $1.7 trillion of transactions since it first came online, according to DefiLlama.
Interactions took place mostly through the online application before the company entered the mobile market on April 13 with the release of an iOS app. Obstacles in the Apple App Store had already pushed back its release.
According to information from the October release, the most recent Android app enables users to move coins between chains without explicitly switching networks, assuring a seamless user experience on networks like Polygon, Arbitrum, Optimism, Base, and BNB Chain.
In the future, it also promises other network linkages. In order to prevent front-running and sandwich attacks, Uniswap’s new wallet routes Ethereum (ETH) transactions through a private pool, increasing user transaction security.
Users can, however, turn off this feature according to their preferences. The wallet cleverly recognizes currencies with embedded transfer fees by visibly displaying them inside the user interface.
The company has opened signups for an email waitlist to roll out the software to first users progressively. Additionally, it has announced plans to provide the open-source code for the application in the next weeks, in keeping with the Trail of Bits security auditing procedure.
Uniswap isn’t pioneering new techniques for decentralized exchanges offering mobile wallets, either. 1inch debuted a mobile wallet for iOS customers last year; its Android equivalent followed in October.