How to buy crypto on Zengo?
To buy Crypto on Zengo, follow these steps:
- Choose the “Buy” option.
- Enter the amount you want to purchase.
- Select your payment method.
- Complete the transaction.
Once the payment is processed, your Crypto will be deposited into your Zengo wallet.
What payment methods can I use to buy Crypto on Zengo?
To buy cryptoassets on Zengo, you may use the following payment methods:
- Apple Pay
- Google Pay
- Credit/Debit Card
- Bank Account
How long does it take to buy crypto on Zengo?
Buying Crypto on Zengo usually takes a few minutes. The exact time may vary based on network congestion, payment processing time, and exchange partner. Zengo will notify you once the transaction is complete and your Crypto will be available in your wallet.
Can I buy crypto on Zengo without verification?
Buying Crypto anonymously on Zengo is not an option. Zengo works with regulated platforms that adhere to anti-money laundering (AML) and know-your-customer (KYC) regulations. Before purchasing Crypto or any other cryptocurrency, Zengo’s purchasing partners mandate identity verification and the provision of some personal information.
Can I buy crypto on Zengo under 18?
Zengo works with purchasing partners who are regulated and compliant and follow the AML and KYC rules. You must be at least 18 years old and provide a valid ID to verify your identity and age before you can buy Crypto or any other cryptoassets.
What are the fees involved in buying Crypto on Zengo?
Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include:
- Network fees (not paid to Zengo)
- Exchange fees
- Service fees (paid only to the providers).
Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.
Note: Zengo Pro users benefit from reduced service fees.
Please note: Zengo fees may vary by country. For specifics, visit the Zengo Fees webpage
Is It safe to buy Crypto on Zengo?
Yes, Zengo is a wallet that lets you buy Crypto easily and securely. You don’t need a key to use Zengo. Your face, recovery file, and email access keep your assets safe. Zengo also offers advanced features like threshold signatures, MPC security, and 3FA. Zengo’s Web3 Firewall guards your assets from online threats and warns you about risky transactions. Zengo has many happy users and is more secure than other wallets. Buying crypto on Zengo and storing it without private key vulnerability is the most secure way to buy and hold your crypto. You can buy Crypto on Zengo and be sure that your security and privacy are respected, as Zengo partners with platforms that follow the rules for AML and KYC.
How to buy Bitcoin with a Gift Card?
You cannot purchase Bitcoin using a gift card on Zengo; the supported payment methods are limited to those listed above.
Is it safe to buy Bitcoin on Zengo?
Yes, it is safe to purchase Bitcoin on Zengo. Zengo is a highly secure and user-friendly platform for buying and managing Bitcoin and other cryptocurrencies. Zengo uses advanced cryptography called Multi-Party Computation to safeguard your wallet without requiring a seed phrase or private key. This technology is used by institutions to safeguard billions of dollars worth of crypto. Zengo maintains the world’s biggest open-source MPC library and holds several patents in consumer wallet security innovation. Your secure account recovery is comprised of your email, 3D FaceLock verification, and Recovery File. Zengo also has a 24/7 customer support team ready to assist you anytime. Zengo’s security model is evident from the fact that 0 Zengo wallets have been hacked or stolen since its establishment in 2018.
What are Zengo-supported countries?
Zengo is available in over 188 countries worldwide and allows users to purchase Crypto, including in the US, UK, Canada, Australia, and most of Europe. However, due to local regulations, the app or its complete functionality is unavailable in a handful of countries like China, Cuba, and Iran. Here is a comprehensive list of supported countries for Zengo. Even if your country is not on the list, you can still use Zengo for storing, sending, and swapping Crypto and other crypto assets.
How to sell/swap Crypto?
You can also sell and swap Crypto on Zengo.
To sell Crypto, you can choose the sell option on the app and enter the amount of Crypto you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your Apple Pay or your preferred payment method.
To swap Crypto, you can choose the swap option on the app and select the cryptoassets you want to swap. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped cryptoasset in your Zengo wallet.
