Uniswap Releases Android Crypto Wallet In Beta Version

Uniswap released a crypto wallet. (Photo; Doc. Digital Oceans)

JAKARTA - Uniswap, one of the leading decentralized crypto exchanges or DEX, recently released a beta version of the mobile crypto wallet for the Android platform. This happened a few months after they did the same for Apple's iOS users.

The crypto wallet app is currently still in the beta testing phase, and Uniswap is inviting members of the DeFi community to help test the wallet before its wider release to the public.

According to information from Uniswap, around 35,000 users have registered to join the waiting list of this application. In order to ensure the quality and safety of the application, Uniswap Labs will also open the source of this application code as part of an audit conducted by Trail of Bits.

For information, the Trail of Bits is a cybersecurity company that has experience in auditing blockchain and identifying vulnerabilities in smart contracts and other codes.

Frey, a spokeswoman for Uniswap Labs, stated that the launch of the beta version of the Android app aims to address potential issues before releases to wider users, which is expected to take place before the end of this year.

This Uniswap application is equipped with various features that make users able to exchange crypto more easily. These features include the ability to make exchanges (swap) in a short time, find new tokens easily, and price transparency to understand transaction fees.

Amazingly, this app allows users to switch automatically between the main blockchain network, such as Ethereum, and layer-2 scaling networks such as Optimism or Arbitrum.

Uniswap Labs has also added swap protection or swap protection' into their Android mobile wallets to protect users from attacks such as frequent sandwich and frontrunner hacking attacks in the DeFi world. This will make the default swap a private transaction, so that users are protected from MEV attacks.