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Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release – Defi Bitcoin News

by crypetonews
March 4, 2023
in Crypto Updates
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On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why.

Uniswap Labs Launches Limited Early-Release Mobile App via Apple’s Testflight Platform

Uniswap Labs launched a mobile application for Uniswap via Apple’s Testflight platform. The self-custodial, open-source mobile application is available for a limited release. However, the company noted that Apple has not given the application approval to launch. “So why a limited early release from a team committed to access for anyone? Simply put, Apple won’t green-light our launch, [and] we don’t know why,” the company tweeted.

The creator of one of the largest decentralized exchanges by volume stated that the firm submitted the mobile application to Apple months ago. “Even though we are 100% compliant with their specifications, we’re still stuck in limbo,” Uniswap said. “So if we have to wait for Apple, we thought it’d be more fun if we waited together,” the decentralized finance (defi) firm added.

The company decided to open its internal Testflight application to 10,000 users, the maximum approved by Apple. Uniswap stated that it would begin sharing access codes “across multiple channels and time zones to reach as many parts of our community as possible” to get started. Uniswap’s limited early-release mobile application for iOS Testflight follows the creation of the Uniswap Bridge Assessment Committee, revealed on March 2nd.

Statistics recorded for the last 24 hours as of March 4 indicate that there has been $2.81 billion in trades, with Uniswap version 3 (v3) leading the pack with $1.21 billion in trade volume. Uniswap’s Arbitrum One decentralized exchange (dex) commands the second-largest volume with $195.98 million. Uniswap v3 offers 947 coins across 1,725 pairs, and the dex has been visited 3,388,922 times this month.

Tags in this story

Access Codes, Apple, Apple Approval, Arbitrum One, Blockchain, blockchain technology, Centralized App Stores, Compliance, Crypto, crypto community, crypto market, crypto trading, Cryptocurrency, decentralized exchange, decentralized finance, DeFi, DEX, Digital Assets, Ethereum, Innovation, Limited Early-Release, Mobile App, Open Source, Self-Custodial, Testflight, trade volume, uniswap, Uniswap Bridge Assessment Committee, Uniswap Labs, uniswap v3

What do you think the delay in Apple’s approval for Uniswap’s mobile app launch means? Share your thoughts about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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