Oyi, a leading cryptocurrency exchange, launches its official app for iOS users. The app, available on the Apple App Store, aims to provide users with a secure and convenient platform to manage their crypto assets. The official entrance of Ouyi Apple provides various functions, including real-time market data, advanced charting tools and various trading pairs.
Founded in 2017, Ouyi is a leading cryptocurrency exchange but does not offer an official Apple app.
Reasons:
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App Store Policy Restrictions: The Apple App Store strictly restricts cryptocurrency trading apps due to concerns about fraud, Fraud and market manipulation.
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App review process is complex: Even if an exchange is able to develop an app that complies with App Store policies, Apple's review process can be very lengthy and rigorous.
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Centralization Risk: Listing an exchange app on the App Store creates a single point of failure and users may face difficulties if Apple removes the app for any reason.
Alternatives:
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Official website: Users can trade cryptocurrencies through the official Oyi website without using Mobile application.
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Android App: Oyi provides an official app for Android devices, which can be downloaded on the Google Play Store.
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Third-party applications: Some third-party developers provide cryptocurrency trading applications that are not officially authorized by Oyi. It's worth noting that there are risks with using these applications, as they may not be safe or reliable.
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