How do I send or receive cryptocurrency from my Zengo wallet? | Zengo Help Center (2024)

FAQs

How do I send or receive cryptocurrency from my Zengo wallet? | Zengo Help Center? ›

To withdraw from the Zengo wallet, simply open the app, click “Actions,” and then “Send.” Specify the crypto you wish to withdraw and the amount, enter the recipient's address, review everything, and confirm the transaction. You can also withdraw your crypto to fiat currency with Zengo.

To withdraw from the Zengo wallet, simply open the app, click “Actions,” and then “Send.” Specify the crypto you wish to withdraw and the amount, enter the recipient's address, review everything, and confirm the transaction. You can also withdraw your crypto to fiat currency with Zengo.

Should you have any inquiries, complaints or suggestions, you may contact us at help@zengo.com or via online contact forms, chats or other forms of communications as may be available through our App and Websites.

To send crypto, you'll need the recipient's wallet address. A wallet address is a long string of characters, similar to a bank account number, that identifies where the crypto should go. Since crypto wallet addresses are long, they're often shown as a QR code that you can scan in your crypto app.

With Zengo, you can easily send crypto to other wallets or ''cash out'' to fiat whenever you want. To send crypto to other wallets, tap on the ''Actions'' button located in the main menu followed by ''Send''.

Set up a crypto wallet or gateway

There are two common ways to accept crypto as a merchant: through a crypto wallet or gateway. You can use a crypto wallet to accept directly from a customer's crypto wallet. However, the funds will remain in cryptocurrency form until you transfer them to a crypto exchange.

Does Zengo work in the USA? ›

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.

Zengo claims to be the most secure crypto wallet in the market. It's a mobile wallet app without private key vulnerabilities, robust MPC security, and support for over 120 crypto assets.

Zengo currently supports apps that run on Ethereum, Optimism, Arbitrum One, and Polygon.

A Bitcoin address serves as a digital identifier for sending BTC. Users can send Bitcoin by copying the recipient's address or scanning a QR code, following a straightforward process in the Crypto.com App or DeFi Wallet.

In order to send crypto to another user's wallet you'll have to enter their wallet address, either by copy-pasting it into your wallet app's “send” field or by scanning a QR code the recipient provides. Crypto wallet addresses can be 40 alphanumeric characters, so they can be quite cumbersome to enter manually.

Many cryptocurrency platforms and exchanges offer the option to sell crypto and transfer the resulting funds directly to your linked bank account. If you want to withdraw money, you typically click Sell on your cryptocurrency platform and choose to withdraw to your bank account.

Coinbase has an easy-to-use “buy/sell” button and you can choose which cryptocurrency you want to sell and the amount. You'll quickly exchange cryptocurrency into cash, which you can access from your cash balance in Coinbase. From there, you can transfer the money to your bank account if you wish.

- Click on 'Paytm Wallet'. - Now, select the 'Transfer to Bank' option. - Enter the desired amount you want to transfer and click on the 'Transfer' button. - Enter your bank details, such as the bank account number, IFSC code, and account holder's name, to which you want to transfer the money.

You will first have to sign up for a cryptocurrency exchange and sell your Bitcoin there. After KYC verification has taken place, you can then withdraw to your bank account. Some of the more popular exchanges include Coinbase, Kraken, Binance, and Bittrex.