Zerion

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Frequently asked questions

What can I do with Zerion Wallet?

With Zerion Wallet, you can transfer money from any crypto exchange or wallet app by clicking withdraw or send and entering the address of your Zerion crypto wallet. You can also buy crypto with a credit or debit card directly in the wallet. It allows you to earn money through various DeFi opportunities such as lending out your cryptocurrency, providing liquidity and earning trading fees, and writing options to earn premiums. Zerion Wallet tracks major coins listed on Coingecko and ERC-20 tokens. It automatically tracks staked DeFi tokens, LPs, rewards, and other positions. However, Zerion Wallet currently does not support Bitcoin, but you can buy wrapped Bitcoin (WBTC) which represents locked BTC. Trading in Zerion Wallet is facilitated by sourcing the best prices from decentralized exchanges (DEXes) using the DeFi SDK developed by Zerion. Zerion Wallet also offers a built-in DeFi portfolio tracker to track all your DeFi positions, debts, and rewards.

Which networks does Zerion Wallet support?

Zerion Wallet supports multiple networks that are compatible with Ethereum, including Arbitrum, Binance Smart Chain, Polygon, Optimism, Fantom, and more. However, it currently does not support Bitcoin.

Is Zerion Wallet secure?

Yes, Zerion Wallet is secure. It is a non-custodial cryptocurrency wallet that uses secure open source technologies and allows users to stay in control of their private keys and seedphrase. Zerion Wallet stores private keys locally on the user's device and not on a central server, and crypto assets are stored on the blockchain. The private keys are encrypted and safely stored on the user's phone. Zerion Wallet does not track user data or cross-associate wallets, and they do not store private keys or seed phrases. The smart contracts used by Zerion Wallet have been independently audited by Trail of Bits and Vulners, and have processed over $1.2 billion in crypto transactions.

How can I connect to decentralized applications with Zerion Wallet?

To connect to decentralized applications with Zerion Wallet, you can send assets from any crypto exchange or crypto wallet app by clicking on the withdraw or send option and entering the address of your Zerion crypto wallet. Additionally, you can buy crypto directly within the Zerion Wallet by tapping the blue button in the center of the screen, selecting 'Buy', and following the prompts to purchase crypto with a credit or debit card.

How can I earn money with Zerion Wallet?

To earn money with Zerion Wallet, you can engage in various activities within the decentralized finance (DeFi) ecosystem.

1. Lending: You can lend out your cryptocurrency through Zerion Wallet and earn a yield on your holdings.

2. Liquidity Provision: By providing liquidity to decentralized exchanges (DEXes), you can earn trading fees. Zerion Wallet allows you to easily participate in liquidity provision.

3. Options Writing: In certain protocols, you can write options and earn premiums. Zerion Wallet supports tracking these positions and rewards.

4. Trading: Zerion Wallet enables you to trade tokens by sourcing the best prices from different DEXes. It calculates your costs and profits for each trade.

Additionally, Zerion Wallet offers a built-in DeFi portfolio tracker that automatically finds and tracks your DeFi positions, debts, and rewards. It supports major coins listed on Coingecko and most ERC-20 tokens. However, Zerion Wallet does not currently support Bitcoin, but you can buy wrapped Bitcoin (WBTC), which is an ERC-20 token representing locked BTC and closely tracks the price of Bitcoin.