While Zerion does not charge any platform fees, you should be aware of two kinds of fees you may incur when placing a trade through our app:
1. Ethereum network fees
A network fee or "gas" is the cost necessary to perform a transaction on the Ethereum blockchain. This varies by network demand. Zerion lets you select your own gas preferences directly from the app interface.
2. Exchange fees
When your trade is routed through an external decentralized exchange (DEX) or automated market maker (AMM), the cost of your transaction will automatically include whatever fee that DEX or AMM charges.
For example, Uniswap places a flat 0.3% fee on all orders, while Balancer charges a variable rate depending on the liquidy pool.
🔖 Learn more:
⚡️ DeFi Tip:
- Use http://ethgas.watch/ to receive push notifications when gas prices drop.