DeFi is gradually gaining global adoption since it breaks the restrictions imposed by centralized financial systems. But since the phenomenon is relatively uncharted territory for many, users look for platforms to help them. This is where names like Zerion chime in with its esteemed set of crypto and DeFi-related solutions. The universal non-custodial interface allows users to invest, lend, swap, borrow, and more with DeFi. As per our Zerion review and research, the platform presents a one-stop station where users can build and manage a DeFi portfolio.
Zerion Summary
| Official Website | https://zerion.io/ |
| Headquarters | San Francisco, CA, US |
| Found in | 2016 |
| Native Token | No |
| Listed Cryptocurrency | Tether, Bitcoin, Ethereum, USD Coin, DAI, Chainlink, AAVE, & more |
| Trading Pairs | Yes |
| Supported Fiat Currencies | 13 |
| Supported Countries | 160+ |
| Minimum Deposit | N/A |
| Deposit Fees | Depends on Currency |
| Transaction Fees | Most of Free, Takes Network Fee |
| Withdrawal Fees | Depends on Currency & Payment Method |
| Application | Yes |
| Customer Support | Help Centre, Mail, Live chat, & Social Network Support |
Quick Overview of Zerion
- Non-custodial decentralized finance interface.
- Track and manage DeFi tokens.
- Lend, borrow, and invest digital assets.
- Web3 wallet.
- User-friendly website.
- No KYC.
- 13 fiat currencies supported.
- Mobile app available for iOS and Android users.
- SDK available for advanced traders.
- 60+ DeFi protocols supported.
- 200,000+ Monthly active users.
- Minimal invasive approach.
- Push notifications and real-time price updates.
What Is Zerion?
Zerion is a non-custodial DeFi interface, which started back in 2016. Co-founded by Vadim Koleshkin and Evgeny Yurtaev, it allows users to track and manage DeFi portfolios from one space. The platform is known for its user-friendliness, security, and simplicity. It supports 60+ protocols, allowing users to invest, lend, and borrow digital assets across the sector. Its minimal-invasive approach secures user assets as no third party can access private keys.
With Zerion’s assistance, users can access multiple DeFi tokens to build esteemed portfolios. It even lets them track the assets in real-time with push notifications and live price updates. In addition, it helps traders lend assets to earn interest, borrow stablecoins, buy/sell DeFi tokens, and share liquidity with different DEX pools. With 4+ years of market experience without any major breach, it has quickly become one of the most popular DeFi interfaces on the web.
How Does Zerion Work?
As a DeFi interface, Zerion’s operations are straightforward. It allows users to access open protocols of DeFi. It addresses the most prevalent issue that prevents users from accessing DeFi – lack of understanding about the concept. It does not ask for personal data or KYC, allowing users to access it without hassle. Traders can use this crypto exchange to invest in different DEX pools from one interface. It also connects users to buy and sell DeFi tokens and exchange cryptocurrencies on multiple protocols. With the interface’s live price chart and index, investors can easily find the most profitable ventures for the day. Such functionalities make it an ideal space for users conducting DeFi-based transactions.
Zerion Features
No Zerion review can be complete without mentioning its features. Therefore, here are the most notable features offered by the DeFi portfolio interface. But before accessing its features, users must connect a personal wallet. After connecting the wallet, customers will see features like History, Save, Exchange, Invest, and Borrow. However, its functionalities, such as live price charts, are available before connecting the wallet. Below are the features:-
Transaction History
The function is self-explanatory as it shows the transaction history of users. Traders can even filter the history based on asset, protocol, transaction type, and address.
Token Deposit
The Save tab allows customers to deposit tokens through Compound. With the feature, users can lend tokens and earn interest. The platform lists every supported token along with its interest rate. Currently, traders can lend BAT, XRP, USDC, REP, ETH, SAI, WBTC, and ZRX.
Buy and Sell Cryptocurrencies
Under the Exchange tab, customers can trade cryptocurrencies. Zerion.io connects with decentralized exchanges like Ox, Kyber, and Uniswap to facilitate the function. The interface shows the exchange rate, token received, and cryptocurrency received and automatically chooses the best DEX for the transaction.
Liquidity Adder
With the Invest tab, customers can add liquidity to Bancor or Uniswap liquidity pools. In addition, it provides rewards, and users can easily remove the liquidity through Zerion directly.
Collateralized Loans
Zerion.io allows users to take loans by keeping tokens as collateral under the Borrower tab. Customers can enter the loan amount and choose a collateral token to calculate the APR rate and expected collateral amount.
Live Price Chart
The interface comes with multiple price charts and indexes to help traders make well-informed decisions. Moreover, the platform sends push notifications to keep users updated about every market shift.
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Is Zerion Regulated?
Like most DeFi interfaces, Zefi exchange is not regulated either. However, the platform has been operating since 2017 without any significant security breach.
Zerion Review: Pros and Cons
Every Zerion review must talk about its pros and cons, so here is a brief overview of the same:-
| Pros | Cons |
| Non-custodial approach | Unregulated exchange |
| 60+ DeFi protocols supported | Complex for beginners |
| Quick registration process | |
| Supports six wallets | |
| 13 fiat currencies supported | |
| Live chat available |
Zerion Registration Process
Registering a wallet with Zerion.io is mandatory to access its features. That is why here is a step-by-step guide to do so:-
- Reach the official website of the exchange.
- Browse the top-right corner and tap on “Connect Wallet.
- It will open a screen that looks like this.
- Either fill in an existing address or create one with Zerion.
- Wait until Zerion completes the process.
- Now, a screen like this will appear.
- Choose a deposit method or skip.
- Afterward, it will launch this screen.
- The process is complete now.
How to Buy and Sell Cryptocurrencies on Zerion?
Users can buy/sell cryptocurrencies on Zerion.io without registering, but the process is more straightforward after connecting a wallet. Steps to follow:-
- After registering, reach the profile’s home page.
- Choose Exchange to open this screen.
- Now, fill in the payment token and receive crypto.
- Check the rates and fees before continuing.
- Tap on Exchange to proceed.
- Wait until the transaction is processed.
Zerion Fees
Most operations on the Zerion platform are free. However, the platform charges network trading fees while exchanging cryptocurrencies. The fees vary depending on the trading pair.
Accepted Payment Method
Users can deposit funds on Zerion using multiple popular payment methods like:-
- Direct bank transfer
- Debit cards
- Credit cards
- Cryptocurrencies
- Ethereum Wallet
Supported Currencies and Countries
The platform supports 13 fiat currencies and 50+ cryptocurrencies. The majority of the popular top crypto exchanges tokens are available on Zerion.io. Moreover, users can access the platform in every country. Below is the list of Supported Fiat currencies and Popular Cryptos:-
Supported Fiat Currencies
- USD
- AUD
- CAD
- CNY
- EUR
- GBP
- INR
- JPY
- KRW
- NZD
- RUB
- TRY
- ZAR
Popular Cryptocurrencies
- Tether
- Bitcoin
- Ethereum
- USD Coi
- DAI
- Chainlink
- Matic/Polygon
- AAVE
How Is Zerion Different From Others?
Zerion.io presents multiple functionalities that stand out from the competition. It connects users with 60+ protocols to invest tokens and earn interest. The interface finds the best trading rates across the industry instantly. Moreover, its liquidity pool and yield farming support are impeccable. To top all that, it also indulges in activities like airdrop tokens to provide quality support to users.
Zerion Security
The interface comes with a Web3 wallet, and it adopts a non-custodial approach. It allows users to gain exclusive access to private keys, eliminating any threat of data breach. SSL backs its website, and the platform even spreads awareness about health trading strategies. In its five years of industry experience, Zerion has not reported any security breach.
Zerion Mobile App
Zerion.io supports mobile apps which are available for iOS and Android users. It also helps to track your portfolio.
Zerion Customer Support
As per the major reviews on Zerion and our research, we can say that the platform excels in customer support as it is available on Discord and Twitter. Its dedicated help center provides a live chat option while there is email support available too. Zerion’s support executives typically reply within an hour, so users never have to worry about anything for long.
Zerion Review: Conclusion
Zerion’s non-custodial approach makes it a secure platform for both beginners and advanced traders. The DeFi interface supports 60+ protocols, making it highly productive. Moreover, its use-cases span over cryptocurrencies, DeFi tokens, stablecoins, and liquidity pools. The platform offers quick customer support, wallet transactions & registration. Even without a regulatory license, this platform delivers a secure and how to manage your DeFi experience. Such functionalities make it a one-stop station for most DeFi needs in 2021.
FAQs
How Do I Invest in Zerion?
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Connect a wallet with Zerion to deposit and place funds and start investing in multiple protocols.
What Is a Zerion Token?
Zerion Token or ZENR is a BEP-20 token released by the platform for multiple purposes.
Is Zerion.io Safe?
Yes, Zerion uses a non-custodial approach to maintain optimal security.