Uniswap, the leading decentralized exchange for trading Ethereum-based tokens, offers a native non-custodial wallet for crypto holders. It’s ideal for active Uniswap traders who want to buy and sell cryptocurrencies quickly and securely.
But is Uniswap Wallet worth using in 2025, or are there better options? In this Uniswap Wallet review, you’ll learn everything there is to know. I cover user-friendliness, security, supported networks, device types, features, and more.
Key Takeaways
- Uniswap Wallet is the native crypto wallet offered by Uniswap. Its target market is traders who frequently buy crypto on the Uniswap exchange.
- The wallet comes as free iOS and Android crypto apps. It’s also available as a browser extension for Chrome, ensuring desktop users are supported.
- As a non-custodial wallet, Uniswap Wallet offers encrypted private keys and complete anonymity. Only the user has access to the wallet, meaning transactions don’t require third-party approval.
- While Uniswap Wallet is ideal for trading crypto assets on Uniswap, it only supports Ethereum and EVM-compatible networks (like Base and Arbitrum). This means Uniswap Wallet doesn’t support Bitcoin, Solana, XRP, and other key blockchains.
- Uniswap Wallet also lacks in the fiat department, with no options to buy or sell cryptocurrencies with credit cards and other popular payment methods. This makes Uniswap Wallet unattractive for beginners.
Our Verdict on Uniswap Wallet
Uniswap Wallet was designed with one key focus – to enable easy trading on its proprietary decentralized exchange. Users can directly access the Uniswap platform without requiring a manual wallet connection. That said, this one extra step takes seconds, so it doesn’t make sense to choose Uniswap Wallet exclusively for this purpose.
In addition, Uniswap Wallet offers limited network support, with no option to store Bitcoin, XRP, Litecoin, Stellar, and other popular cryptocurrencies.
Uniswap Wallet is also not compatible with Solana, meaning it can’t connect with Raydium or Jupiter. My review also found a lack of support for traditional payment methods like Visa, MasterCard, and PayPal. Instead, the wallet can only be funded with cryptocurrencies, a major downside for first-time investors.
Ultimately, hundreds of other wallets can be used for Uniswap, most offering more features, supported networks, and security controls.
What is Uniswap Wallet?
Uniswap Wallet is the native wallet created by Uniswap, the most popular decentralized exchange for trading ERC-20 tokens. Uniswap also supports EVM-compatible networks, allowing users to trade tokens on Base, Arbitrum, BNB Chain, and more. It is a self-custody crypto wallet available as a free mobile app and Chrome extension.
Users can download and install Uniswap Wallet anonymously, with the private keys encrypted on the respective device. The benefit here is that users have total control of their cryptocurrencies. Uniswap, or any other entity, cannot access the wallet, meaning unfettered access to the Web 3.0 markets.
While Uniswap Wallet makes it simple to trade on Uniswap, other wallets are equally as easy. For instance, any Ethereum-compatible wallet can connect with Uniswap, typically via WalletConnect. The process takes seconds, so using Uniswap Wallet to bypass this quick process doesn’t make sense.
Moreover, Uniswap Wallet is only compatible with Ethereum, BNB Chain, and layer-2 networks like Base and Polygon. The wallet can’t, therefore, store the world’s most popular crypto, Bitcoin. Nor can it store Solana, XRP, Cardano, Dogecoin, Stellar, Bitcoin Cash, or Toncoin. This means users would need to manage additional wallets to store these cryptocurrencies.
In terms of security, Uniswap Wallet is protected by a password (Chrome extension) or a PIN (app). The iOS and Android app also supports biometrics, such as face or fingerprint ID. However, Uniswap Wallet doesn’t support two-factor authentication. A lack of fiat facilities is another issue.
This is because, unlike other self-custody crypto wallets, Uniswap hasn’t partnered with fiat gateways. This means users can’t buy cryptocurrencies with everyday payment types like credit cards or Apple Pay. Ultimately, Uniswap Wallet lacks many features, so it’s likely best to consider other options.
What Type of Wallet is Uniswap Wallet?
Uniswap Wallet sits within the following wallet categories:
- Hot crypto wallet
- Non-custodial wallet
Read on to learn what each crypto wallet type means. Only then can you decide whether Uniswap Wallet is right for you.
Hot Wallet
As a “hot” wallet, Uniswap Wallet is always connected to the internet. This ensures users can immediately access the broader crypto markets, whether that’s on the app or browser extension. Hot wallets store private keys on a digital device, such as the respective smartphone or laptop. This makes wallet transactions quick and seamless.
However, hot wallets are also prone to security risks, considering they’re exposed to remote hacking attempts. For example, a hacker could install a virus on the device, allowing it to intercept outgoing transactions.
Similarly, hackers can also access the Uniswap Wallet if its secret passphrase is compromised. In contrast, cold wallets (such as Ledger and Trezor) are always offline, so these remote risks are alleviated. However, unlike Uniswap Wallet, cold wallets aren’t convenient for active traders, especially those looking to buy and sell cryptocurrencies on the Uniswap exchange.
Non-Custodial Wallet
Uniswap Wallet is a non-custodial wallet, which is always the best option when storing cryptocurrencies. Put simply, non-custodial means users have full control of their private keys. Only the wallet owner can authorize transactions, such as decentralized trading or sending cryptocurrencies to another address.
Non-custodial wallets also offer anonymity, with no requirements to open an account, provide personal information, or upload ID documents. The other option is custodial wallets, which aren’t recommended. These are offered by centralized exchanges (e.g. such as Coinbase or Gemini), which manage private keys on behalf of users.
The stored crypto assets will be at risk if the exchange is hacked, runs into financial issues, or engages in fraud. Therefore, Uniswap Wallet is a good option for those seeking non-custodial storage with no interference from third parties.
Supported Chains & Cryptocurrencies
Read on to learn which network standards and cryptocurrencies the Uniswap Wallet supports.
Ethereum
Ethereum is the most popular network supported by Uniswap Wallet. After all, Uniswap operates on the Ethereum blockchain, allowing users to trade any ERC-20 token.
For example, users can safely send, receive, and store MANA, UNI, DAI, USDC, SHIB, and more. All ERC-20 tokens can be stored under the primary Ethereum wallet address.
12 EVM-Compatible Networks
Uniswap Wallet also supports 12 EVM-compatible networks.
This includes the following:
- Unichain
- Arbitrum
- Avalanche
- Base
- Blast
- BNB Smart Chain
- Celo
- Optimism
- Polygon
- World Chain
- ZKsync
- Zora
You’ll notice that most supported networks are layer-2 solutions for Ethereum. These networks, such as Base and Polygon, have entire ecosystems, meaning their secondary tokens can be traded on the Uniswap exchange.
Uniswap Wallet also supports BNB Chain, meaning users can trade BEP-20 tokens. However, most BEP-20 tokens trade on PancakeSwap, which isn’t directly supported by Uniswap Wallet. Instead, users must connect Uniswap Wallet with PancakeSwap via WalletConnect.
Single Wallet Address for All Networks
A notable feature of Uniswap Wallet is that all 13 networks share the same public key.
Whether you store ETH, BNB, or POL, you can store all supported cryptocurrencies without managing multiple crypto wallet addresses. That will be a plus to a segment of users.
Where Uniswap Wallet Falls Short
We’ve established that Uniswap Wallet only supports Ethereum and EVM-compatible networks. This is a major drawback, considering that other popular blockchains aren’t supported. For example, Uniswap Wallet isn’t compatible with Bitcoin, so you’d need to manage a separate wallet when investing in BTC.
There’s no support for SOL, or any Solana meme coin like Bonk, dogwifhat, and OFFICIAL TRUMP. Other popular cryptocurrencies that can’t be stored include XRP, BCH, EOS, XLM, LTC, and TON. In contrast, the best decentralized crypto wallets support dozens of networks, including all secondary tokens.
Uniswap Wallet Features & Tools
So far, I have covered custodianship and supported cryptocurrencies. Next, I’ll discuss the wallet’s key features.
Direct Access to the Uniswap Exchange
Uniswap Wallet’s primary feature is its direct connection to the Uniswap protocol. Users simply need to click the “Swap” button to populate the trading dashboard. After that, users select which cryptocurrencies they want to swap, such as ETH for USDC or DAI for UNI. Once confirmed, the newly purchased tokens will appear in the Uniswap Wallet balance.
Therefore, this feature is ideal for active Uniswap traders. However, I found that this perk saves users seconds when compared to using any other wallet. For example, many non-custodial crypto wallets come preinstalled with the Uniswap dApp. Clicking the dApp icon takes users to Uniswap, and they simply need to confirm the wallet connection.
Alternatively, users can also connect with the Uniswap exchange via WalletConnect, which is also fast and easy. Both options allow users to swap tokens directly from the wallet balance. As such, using Uniswap Wallet exclusively for this feature doesn’t make sense. Especially considering its lack of support for Bitcoin, Solana, and other popular cryptocurrencies.
Transaction Notifications
Uniswap Wallet comes with transaction notifications. For instance, you’d be alerted cryptocurrencies have been deposited into the wallet balance. Similarly, you’d also be notified when trading on the Uniswap exchange, with the alert confirming that the swap has been executed.
However, I found that notifications work best when using the Uniswap Wallet app. The browser extension doesn’t always function properly, with transactions often only showing when it’s open.
WalletConnect
Uniswap Wallet is compatible with WalletConnect, ensuring users can connect with dApps. However, it’s only available when using the app, a major drawback for desktop users. Nonetheless, WalletConnect works with all supported networks, including Ethereum, Polygon, and Base.
Users simply click the scanner icon within the Uniswap Wallet app and scan the dApp’s QR code. Once the connection is confirmed via Uniswap Wallet, users can engage with the dApp. This is ideal for trading, staking, and lending tokens in multiple Web 3.0 ecosystems. Users should ensure they disconnect from the dApp manually, as this doesn’t always happen automatically.
Token Analytics
Another feature is token analytics, available directly in the Uniswap Wallet. This is ideal for monitoring cryptocurrencies from the Uniswap exchange, including real-time prices and 24-hour performance.
However, insights are limited, with users unable to obtain more advanced metrics like holder numbers, longer-term trends, and volatility levels.
Uniswap Username
Uniswap Wallet lets you easily create unique usernames, ending with the “uni.eth” extension. This is ideal for beginners who don’t feel comfortable with long and complex crypto wallet addresses.
For example, suppose you have the username “99btc.uni.eth.” You can send this exact username when requesting funds from another location. The username simply mirrors the wallet’s public key, making transacting more convenient.
Earn Passive Yields Through Liquidity Provision
Uniswap Wallet is also a good option for earning passive income via liquidity provision.
Here’s how it works:
- Uniswap’s decentralized exchange allows anyone to provide liquidity, ensuring buyers and sellers can trade without traditional order books.
- Liquidity pools contain two cryptocurrencies, which are swapped when using the Uniswap exchange.
- For example, the WBTC/USDC pool allows people to swap WBTC for USDC (and vice versa).
- All trades attract commissions, which are paid to liquidity providers.
- So, by providing equal amounts of WBTC and USDC, you’d earn a share of those commissions.
Uniswap Wallet makes liquidity provision simple, automatically detecting suitable pools based on the stored cryptocurrencies.
However, I should mention that Uniswap Wallet doesn’t support conventional staking, which is preferred by many investors. After all, investors can earn yields on individual crypto tokens rather than needing to fund liquidity pools with two different cryptocurrencies. This is another major drawback.
Uniswap Wallet Token
Uniswap’s native token, UNI, is one of the largest cryptocurrencies by market capitalization. UNI was initially airdropped by Uniswap Labs to early Uniswap adopters. We have talked elsewhere about how to buy UNI.
Participation simply required at least one trade on the Uniswap exchange. It was one of the most lucrative airdrops, with all eligible participants receiving 400 UNI, valued at about $12,000 at its peak.
However, UNI tokens provide limited use cases or benefits. Primarily, UNI is a governance token, meaning holders can vote on new proposals.
Uniswap previously considered offering UNI holders a share of exchange commissions, but the vote was halted until further notice. Nonetheless, UNI provides exposure to Uniswap’s growth, similar to BNB for Binance and OKB for OKX.
Security – Is Uniswap Wallet Safe & Legit?
I’ll now explain what security features the Uniswap Wallet offers.
Encrypted Private Keys
Uniswap Wallet is a non-custodial solution, so only the user can access and control the private keys. If you’re using the Chrome extension, the private keys are encrypted and stored on the desktop device.
Similarly, they’re stored on the smartphone device when using the Uniswap Wallet app. This means users can transact autonomously, with third parties unable to reject transfers or access the wallet balance.
Locally stored private keys are secure and increase convenience. Uniswap Wallet transactions, such as token swaps, liquidity provisions, or outgoing transfers, can only be signed on the respective device.
The only exception is when using the secret passphrase, which I will explain next.
Secret Passphrase
Uniswap Wallet also comes with a unique secret passphrase. This provides the same function as a private key, enabling the holder to access the wallet funds and authorize transactions. However, the secret passphrase is user-friendly, shown as a string of 12 words (which must be entered in the correct order).
Now, the secret passphrase can be used on any device, with or without the Uniswap app or extension. It’s needed if you can’t access the wallet, perhaps because you’ve lost the respective device. However, the secret passphrase, if compromised or misplaced, will provide access to anyone holding it.
Put otherwise, cybercriminals will try to obtain secret passphrases by any means necessary, including remote hacks and deception. Therefore, it’s crucial to keep it stored offline (like on a sheet of paper) and kept somewhere secure (like a safe).
Password, PIN, or Biometrics
The Uniswap Wallet extension can only be unlocked when entering a password. You’ll choose this when setting up the wallet for the first time. Those using the Uniswap Wallet app can choose between a PIN or biometrics, such as fingerprint ID.
These credentials can only be used on the same device that Uniswap Wallet is installed on. For example, suppose a hacker successfully deploys a keylogger on your desktop device.
They subsequently gain access to your Uniswap Wallet password. However, that password is useless remotely, as it’s connected to the device’s stored private keys (which are encrypted).
Crucially, only the private keys or secret passphrases provide remote access to the wallet funds.
Open-Source Code
Uniswap Wallet is open-source, an important factor for many crypto investors. In a nutshell, this means developers and blockchain security firms can independently audit the code for potential vulnerabilities. An open-source framework also shows transparency, ensuring Uniswap Wallet users are safe from potential fraud.
However, users are still responsible for safeguarding their private keys and backup passphrases. Uniswap can’t assess if the wallet funds are hacked and stolen. This is a key consideration for all non-custodial wallets.
Does Uniswap Wallet Have 2FA?
Uniswap Wallet doesn’t support two-factor authentication (2FA). This is a drawback, considering that 2FA adds an extra layer of security.
Uniswap Wallet Fees
This section discusses Uniswap Wallet fees. Read on to assess whether or not Uniswap is cost-effective.
Standard Wallet Fees
Uniswap Wallet is free to download. No charges are implemented for storing or receiving cryptocurrencies, like most non-custodial wallets.
Users pay network fees when transferring funds to another wallet location. Uniswap makes no money from outgoing transactions. Fees go directly to the network.
Token Swaps
Token swaps are conducted via the Uniswap exchange. All swaps incur a 0.3% commission. This is based on the swap value. For instance, swapping $200 worth of ETH for DAI would cost $0.60.
Don’t forget that token swaps also require network fees. They’re more expensive than outgoing transfers, as swaps require more advanced smart contract execution. Uniswap Wallet doesn’t, however, add a markup to the network fee quoted.
Uniswap Wallet User Experience
The Uniswap Wallet app and browser extension offer a user-friendly experience. The lack of advanced features ensures beginners can navigate the wallet seamlessly. Getting started takes about two minutes, with users needing to add a password, PIN, or biometrics. The 12-word secret passphrase is then displayed on the user’s screen.
Users are asked to reenter some parts of the passphrase to ensure it’s been written correctly. However, this step can be skipped. Another beginner-friendly feature is that users aren’t required to manage crypto assets safely across multiple wallet addresses for each network. Instead, all 13 networks share the same address, whether that’s Polygon, Ethereum, Zora, Base, or Arbitrum.
What’s more, users can receive crypto tokens from existing crypto wallets via their unique “uni.eth” username. Either way, Uniswap Wallet automatically detects the token name and adds it to the balance accordingly. Sending cryptocurrencies is also simple – users click the “Send” button and paste the receiving wallet address. It is also simple to receive crypto tokens.
Uniswap then asks for confirmation, displaying the estimated US dollar amount and respective network fees. Users can also change the default fiat currency. Uniswap Wallet also makes it simple to trade on the Uniswap exchange, with no additional steps needed. Swaps are conducted simply by stating the cryptocurrencies and amount.
How to Setup a Uniswap Wallet Account
Read on to get started with Uniswap Wallet. This step-by-step explanation simplifies the process for first-time users.
Step 1: Download the Uniswap Crypto Wallet App or Browser Extension
First, decide whether you want to use the Uniswap Wallet app or the browser extension. The app supports both iOS and Android smartphones.
Chrome is the only supported browser for the wallet extension. Ensure you get the download link directly from the Uniswap Wallet website.
Note: I’m using the browser extension for this tutorial.
Step 2: Protect the Uniswap Wallet
Now choose a password if you’re using the Chrome extension. Make it as long and complex as possible, but ensure it’s memorable. Alternatively, mobile users can choose a PIN or biometrics.
Uniswap Wallet will now show the 12-word secret passphrase. You must write this down offline. A sheet of paper will suffice. Next, Uniswap will ask you to enter one word from the sequence (e.g. the 7th word).
This ensures it’s been written down in the correct order. Even so, you can view the full secret passphrase at any time via the Uniswap Wallet settings.
Step 3: Using Uniswap Wallet
Now click the “receive” button to view your unique wallet address. As mentioned, this address can be used for 13 supported networks.
Copy the address or scan the QR code to initiate a wallet transfer. Uniswap Wallet credits incoming transfers once they are confirmed by the network, which usually takes less than a minute.
Is Uniswap Wallet the Best Crypto Wallet?
My Uniswap Wallet review found that it’s ideal for beginners who want a simple and clean interface to store or receive crypto tokens. Its lack of features ensures newbies can use non-custodial storage without feeling intimidated. Uniswap Wallet is also ideal for those actively trading on the Uniswap exchange, considering access is provided directly within the wallet.
However, Uniswap Wallet also comes with multiple drawbacks. It doesn’t initially support the best cryptocurrencies to buy, including Bitcoin, Solana, and XRP. In addition, WalletConnect is only accessible on the Uniswap Wallet app, meaning desktop users can’t engage with Web 3.0 applications.
Another issue is a lack of security features, including 2FA and multi-signature technology. There’s no direct support for staking or launchpad investing either. Therefore, crypto investors might consider another non-custodial provider.
I found that Best Wallet is a top Uniswap alternative. Here’s why:
Best Wallet – The Best Uniswap Wallet Alternative in 2025:
Best Wallet is a user-friendly wallet app for iOS and Android. It offers a secure and anonymous experience, with no personal information or KYC documents collected. Best Wallet is a multi-chain solution with over 60 blockchains and networks supported. This includes Bitcoin, Ethereum, Solana, BNB Chain, Base, Polygon, and XRP. You can find out more in our Best Wallet review.
Best Wallet users have total control of their private keys and a unique secret passphrase. Two-factor authentication is also supported, which isn’t available on Uniswap Wallet. Best Wallet is free to use, with no markups on outgoing transactions. Users simply pay whatever fee is quoted by the network.
Best Wallet offers a wide range of features that aren’t supported by Uniswap Wallet. These include a fully-fledged staking aggregator, allowing users to generate passive rewards at the best available yields. Best Wallet also comes with a token launchpad, allowing users to invest in the newest cryptocurrencies before they’re traded by the public. Catslap, for example, netted Best Wallet users gains of up to 9,000%.
Best Wallet also offers fiat facilities. Users can buy and sell crypto assets with multiple currencies, including USD, EUR, and AUD. Payment types include bank transfers, e-wallets, and debit/credit cards. Ultimately, while Best Wallet is ideal for beginners, it supersedes Uniswap Wallet in most departments.
Customer Support
Uniswap Wallet offers limited customer support. The only support method available is email:
- support at uniswap.org
According to other Uniwap Wallet reviews, replies can take several days. This can be problematic if the initial query isn’t resolved, considering there’s no option for live support.
Important: I mentioned earlier that scammers use deception methods to fraudulently obtain backup passphrases, allowing them to steal crypto wallet balances remotely. They often achieve this on social media. Never ask for help on Uniswap’s X page, as you will surely be targeted. While delayed replies are likely, only use the official Uniswap email listed above.
The Verdict
Overall, Uniswap offers a user-friendly experience via its native mobile app and Chrome extension. Non-custodial storage ensures nobody but the wallet owner can authorize transactions. However, using Uniswap Wallet simply to access the Uniswap exchange doesn’t make sense, especially considering how quick the process is with any other wallet provider.
Instead, I much prefer Best Wallet, which, unlike Uniswap, also supports Bitcoin, Solana, and dozens of other networks. Best Wallet also offers in-app staking tools, launchpad investments, and easier access to Web 3.0 dApps. Best Wallet users also get 2FA safeguards, another feature missing with Uniswap Wallet.
Uniswap Wallet
Pros
Cons
FAQs
Is the Uniswap Wallet safe?
Which wallet is best for Uniswap?
How do I protect my Uniswap Wallet?
Does Uniswap Wallet have a private key?
Does Uniswap need ID?
References
In This Article
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
