Best ZenGo Wallet reviews- A Keyless wallet for Cryptocurrency

Right now cryptocurrency has become an essential investment option for everyone. And the returns of cryptocurrencies are much higher than any other investments. But keeping your crypto assets safe and secure is more essential than your crypto investments. And there are many crypto wallets that keep your cryptocurrency safe. Zengo crypto wallet is also one of them to keep your crypto investment safe.

One of cryptocurrency’s most challenging aspects of the cryptocurrency industry is the learning and usage of wallet systems and their functionality. The ZenGo wallet takes away the burden and provides users with a secure and convenient method of depositing their funds.

It is a win-win scenario which also includes several additional features that make cryptography almost widespread. The ZenGo wallet can be used on all iPhone and Android devices and many other mobile devices.

So, let’s start our ZenGo wallet reviews-

This post is completely dedicated to the zengo crypto wallet. Here, we will cover about zengo wallet introduction, how it works, key features, the pros, cons and supported coins and countries, and their customer support.

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Introduction to ZenGo Wallet

ZenGo is a keyless crypto wallet that aims to simplify crypto security and provide users with a more convenient and user-friendly way to store their cryptocurrency. It uses a unique system that eliminates the need for private keys, making it easier for users to manage their funds without compromising security.

Zengo is Israel based simply designed self-custodial crypto wallet, easily accessible to your smartphone founded by Ouriel Ohayon. Zengo wallet has there android and ios apps that make the onboarding process simple, and easy to use. You can easily use the zengo wallet to store your crypto investment.

Zengo is a passwordless, private keyless wallet that doesn’t require any hardware setup or any backup system. Till now zengo has been featured in many places like Forbes, tech crunch, and yahoo finance.

Zengo has a built-in web3 firewall system which makes it safer and more secure. Zengo supports more than 70+ crypto assets and here you can view, store, and find NFTs, and Dapps.

In addition to its keyless system, ZenGo also provides users with additional security features such as biometric login and two-factor authentication. It also supports multiple cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and more.

ZenGo is also designed to be user-friendly, with a simple and intuitive interface that makes it easy for users to manage their funds on the go.

Overall, ZenGo is a keyless crypto wallet that aims to simplify crypto security and provide users with a more convenient and user-friendly way to store their cryptocurrency. It eliminates the need for private keys and provides multiple layers of security to protect users’ funds.

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How does ZenGo Wallet works?

ZenGo Wallet is a self-custodial, user-friendly cryptocurrency wallet that uses a unique keyless architecture to secure users’ private keys. It is available as a mobile app for both iOS and Android devices.

When you first create a ZenGo Wallet, you are given a unique recovery phrase (also known as a seed phrase). This phrase is used to generate your private key and should be kept safe and secure, as it is the only way to access your funds if you lose your device or forget your password.

When you want to make a transaction, the app uses a combination of your recovery phrase and a biometric login (fingerprint or facial recognition) to confirm your identity and authorize the transaction. Your private key is never stored on the device or on ZenGo’s servers, which helps to protect it from hacking or other forms of theft.

ZenGo also offers a feature called “Social Recovery” which allows you to add a friend as a recovery contact in case you lose access to your device or forget your password. The friend will then be able to help you recover your account if needed.

Overall, ZenGo Wallet aims to provide a secure and user-friendly way for users to manage their crypto assets without having to worry about the complex technical details of private key management.

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What are the Key Features of the ZenGo Wallet app

Buy crypto assets

On the zengo wallet, you can easily buy Bitcoin and other cryptocurrencies. And your first purchase is completely free for the first-time user while purchasing any stablecoin you need to pay a 0.1% fee.

Here, you can buy bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), and many more crypto assets. zengo provides you the facility to pay with Apple Pay, credit card (Visa and Mastercard), bank transfer (SEPA and Swift), or debit card (Maestro). 

 But you need to be at least 18 years or older to buy crypto assets. So, before using the Zengo wallet make sure it is supported in your country.

To buy crypto assets on the zengo wallet you need to follow these 4 steps:

  • First tap to buy button and choose to buy any crypto assets. But your purchase amount must be at least $50.
  • Then enter your verification code and check the terms box.
  • Then enter your billing address details.
  • Choose any payment method and make your payment.

Swap or trade your crypto assets-

Diversification makes your investment portfolio safe from any risk. Diversification is a part of risk management in your investment.

And keeping this thing in mind zengo crypto wallet also gives you this diversification facility in the form of trade or swap where you can swap your assets into any coins of the same amount. This way you will be able to manage your crypto investment risk better.

Zengo gives you the facility to trade your crypto assets across multiple blockchains directly. Zengo is one stop solution that supports many blockchains where you can sell and swap your assets.

Zengo crypto wallet is integrated with Changelly (A crypto trading platform) to enable multiple blockchain support systems easily. And the trading process is also easy-

  • Open an account on the zengo wallet
  • Go to actions
  • Select your assets to trade and select the asset to receive
  • Enter the amount for your trade
  • Click on continue and confirm your trade

But there are processing and network fee associated with trading. The processing fee is 0.5% of the total amount while the network fee depended on the assets network and fluctuates regularly.

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What are the ZenGo wallet app limits?

Zengo crypto wallet app doesn’t have any limits to buying, selling, trading, or swapping your crypto asset but you have to pay some fee for that.

What are the ZenGo wallet Fees?

Zengo crypto wallet enables you to buy, trade, and swap crypto assets. So, there are some fees associated with these transactions. Let’s have a look one by one-

The fee to buy crypto-

If you are a first-time zengo crypto wallet app user then you will get a 0% fee on your first purchase and a 0.1% fee on stablecoin purchases.

But remember 0% fee on your first-time purchase is a one-time offer for users that have not purchased with ZenGo wallet before.

Fee for trading

For crypto assets trading on zengo, you have to pay two kinds of fees. Which are-

Processing fee- As a processing fee you have to pay a 0.5% processing fee for every transaction. And you can check your deductible fee on the confirmation screen.

Network fee- The network fee is the standard blockchain mining fee for processing transactions Network fee may vary depending on the asset, network congestion, and market conditions.

Network fees are dynamic and change all the time. The network fee is in addition to the processing fee and you’ll see it clearly on the confirmation screen before completing the trade.

How does ZenGo Wallet keep your crypto safe?

ZenGo Wallet uses a number of security measures to keep your crypto assets safe, including:

  • Keyless architecture: ZenGo Wallet does not store your private key on your device or on their servers. Instead, it uses a unique keyless architecture to secure your key and confirm your identity. So, there is no single point of failure on the zengo crypto wallet.
  • Biometric login: To access your wallet, you will need to use your biometric login (fingerprint or facial recognition) in addition to your recovery phrase. This helps to ensure that only you can access your funds.
  • Social Recovery: ZenGo Wallet allows you to add a friend as a recovery contact in case you lose access to your device or forget your password. This allows for another level of security
  • Multi-factor authentication: ZenGo Wallet supports multi-factor authentication (MFA) to provide an additional layer of security for your account.
  • Regular security updates: ZenGo Wallet team regularly updates the app to fix any potential vulnerabilities and improve the overall security of the platform.
  • Two-factor authentication: You can enable two-factor authentication to secure your account, which helps to prevent unauthorized access.
  • Encryption: ZenGo Wallet uses AES-256 encryption to protect your data in transit or at rest.
  • Cold storage: ZenGo Wallet uses cold storage to keep a majority of its user’s funds offline, which helps to protect them from hacking or other forms of cyber attacks.

By using a combination of these security measures, ZenGo Wallet aims to provide a secure way for users to store and manage their crypto assets.

It’s important to remember that no system is 100% secure, so it’s always a good idea to follow best practices for securing your crypto assets, such as keeping your recovery phase safe and not sharing it with anyone.

What are the Pros and cons of the ZenGo Wallet app?

ZenGo Wallet is a popular non-custodial cryptocurrency wallet with a unique keyless architecture, it has its own set of pros and cons.

Pros

  • User-friendly interface: ZenGo crypto Wallet has a simple and easy-to-use interface that makes it accessible to users of all experience levels.
  • Keyless architecture, Biometric login, Social Recovery, Multi-factor authentication, Cold storage facility
  • Supports 70+ crypto assets
  • Mobile-friendly wallet for android and IOS platforms
  • Buy, sell crypto trading, swap, discover, store facility available
  • 700,000+ customers and still growing
  • Excellent ratings and reviews
  • Guaranteed wallet recovery and built-in web 3 firewall system
  • 24/7 customer support system

Cons

  • Limited coin support: ZenGo Wallet currently supports only a limited number of coins and tokens, which may not be sufficient for users who want to store a wide variety of crypto assets.
  • Limited platform support: ZenGo Wallet is currently available only as a mobile app for iOS and Android devices.
  • No anonymity: ZenGo Wallet requires users to provide personal information, which could be a concern for those who value anonymity.
  • New entrant: ZenGo Wallet is a relatively new entrant in the crypto wallet market, which could be a concern for some users.
  • No desktop version: Currently ZenGo Wallet is not available on desktop or web-based versions, which could be inconvenient for some users.
  • Some assets are restricted in certain regions.
  • Different purchase prices from market prices.
  • Does not send unsupported coins or assets to your ZenGo wallet.

As with any crypto wallet, it’s important to do your own research and evaluate whether ZenGo Wallet’s features and security measures align with your needs. Additionally, it’s always a good idea to follow best practices for securing your crypto assets, such as keeping your recovery phase safe and not sharing it with anyone.

What are the supported assets on the ZenGo Wallet app?

ZenGo Wallet currently supports a variety of assets including:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Dogecoin
  • Tezos
  • USD coin
  • Tether
  • Shiba Inu
  • Ploygoan
  • Voyagan
  • Alpha finance
  • Sandbox
  • Decentralized
  • Euros

Here, you can also check which cryptocurrencies are supported on the zengo wallet and which are not. Please note that the list of supported coins and tokens may change over time as the ZenGo Wallet team continues to add new assets.

It’s always a good idea to check the official website or contact the ZenGo Wallet team directly to get the most up-to-date information on which coins and tokens are supported.

Also, it’s important to note that the availability of a coin or token in ZenGo Wallet doesn’t mean it’s available for trading or can be converted directly to other assets.

What are the supported countries by ZenGo Crypto Wallet

ZenGo Crypto Wallet is a global product, which means users from all over the world can use it. Zengo has three main payment processing platforms-

If any one of these payment platforms is supported in your country then you can use zengo easily. So, check which payment platform is accepted in your country and start using the Zengo wallet app.

However, these payment platforms are accepted in 188 regions around the world. But there may be some limitations in certain countries due to local laws and regulations. Additionally, some features such as buying crypto with a credit card may not be available in all countries yet.

It’s always a good idea to check the official website or contact the ZenGo Wallet team directly to get the most up-to-date information on which countries are supported and any limitations that may apply.

You should also be aware that some countries may have strict regulations regarding the use and possession of cryptocurrency, and it’s your responsibility to ensure that you are in compliance with any applicable laws and regulations in your country.

Step-by-step guide on how to set up and use ZenGo Crypto Wallet

Here is a step-by-step guide on how to set up and use ZenGo Wallet:

  • Download the ZenGo Wallet app from the App Store (iOS) or Google Play Store (Android).
  • Open the app and tap “Create a new wallet.”
  • Read and accept the terms of service and privacy policy.
  • Create a strong password and confirm it.
  • Write down the recovery phrase and store it in a safe place.
  • Confirm the recovery phrase by typing it in again.
  • Set up biometric login (fingerprint or facial recognition).
  • Add your first crypto:

To add crypto

  • Tap on the “+” button on the home screen
  • Select the crypto you would like to add
  • Follow the prompts to complete the transaction

    To send crypto:

    • Tap on the crypto you would like to send
    • Enter the recipient’s address and the amount you want to send
    • Confirm the transaction using your biometric login

      To receive crypto:

      • Tap on the crypto you would like to receive
      • Share your wallet address with the sender
      • Once the transaction is confirmed, the funds will be added to your balance

        To check your transaction history, tap on the “Transactions” button on the home screen.

        To change your password or recovery phrase, tap on the “Settings” button on the home screen and select the appropriate option.

        To add or remove a recovery contact, tap on the “Social Recovery” button on the home screen.

        Please keep in mind that this guide is a general outline of the setup and usage process. The exact steps may vary slightly depending on the version of the ZenGo Wallet app and the device you’re using.

        What are the ZenGo Wallet Reviews from Users?

        Online zengo wallet review

        There are many third-party review platforms where zengo wallet users have submitted their reviews. Zengo has excellent reviews on Trustpilot and has scored 4.6 stars. Here are some of the positive zengo wallet reviews on Trustpilot.

        Positve zengo wallet reviews on trustpilot
        Positve zengo wallet reviews on trustpilot

        But zengo also has some negative reviews on Trustpilot. Look at that one-

        Negative zengo wallet reviews on trustpilot
        Negative zengo wallet reviews on trustpilot

        Zengo wallet review on google play store-

        Zengo wallet app has 4.6 stars on the google play store with more than 6k reviews. And has more than 5L+ downloads till now.

        Zengo wallet review on the apple store-

        Zengo wallet app has scored 4.7 stars on the apple store with more than 2.5k reviews online. And on Ios zengo wallet size is 91 Mb.

        Customer Support

        Zengo crypto wallet claims to give you legendary customer support 24/7. When any customer gives any feedback they get back to them. Here, I found a zengo wallet review on Trustpilot where a user submits a review about their customer support. However, that user also gets an email from the zengo wallet also. Have a look here-

        zengo wallet reviews about customer support
        zengo wallet reviews about customer support

        How to contact with ZenGo Wallet

        There are several ways to contact ZenGo Wallet for support or further information:

        • Email: You can send an email to the ZenGo Wallet team at contact@zengo.com.
        • Social Media: You can reach out to ZenGo Wallet on their social media platforms such as Twitter, Facebook, and Telegram.
        • Website: You can also find a contact form on the ZenGo Wallet official website.
        • Help center: ZenGo Wallet has an extensive help center on their website where you can find answers to common questions and troubleshoot issues.

          You can also visit their contact page to submit your query. It’s always a good idea to check the official website for the most up-to-date contact information and to ensure that you are reaching out to the official ZenGo Wallet team.

          It’s also important to note that support may vary depending on the type of inquiry and the volume of requests they are receiving, so it may take a while to receive a response.

          How ZenGo Wallet compares to other popular crypto wallets

          ZenGo Wallet is a non-custodial cryptocurrency wallet that uses a unique keyless architecture to secure users’ private keys. It offers a user-friendly interface, biometric login, and social recovery. It is available for both iOS and Android devices.

          Compared to other popular crypto wallets, ZenGo Wallet has some distinct advantages and disadvantages but in comparison to other popular crypto wallets such as Ledger, Trezor, MyEtherWallet, and MetaMask, ZenGo Wallet has a unique keyless architecture and a user-friendly interface that makes it easy to use for beginners.

          However, these other wallets offer more features and support for a wider range of coins and tokens. It’s always a good idea to research and compare different crypto wallets and select one that best suits your needs and preferences.

          It’s also important to note that no wallet is entirely safe and you should always be vigilant to protect your assets by following security best practices, such as keeping your recovery phrase safe and not sharing it with anyone.

          The team behind ZenGo Wallet and their vision

          The team behind ZenGo Wallet is a group of experienced professionals in cryptography and security. The company was founded by two co-founders, Ouriel Ohayon and Tal Be’ery, in 2018.

          Ouriel Ohayon is a seasoned entrepreneur with a background in cryptography and security. He was the co-founder of Appsfire, a mobile ad network that was acquired by a French media group in 2014. He is also an advisor to several companies in the blockchain and security space.

          Tal Be’ery, the other co-founder, is a security researcher and a former team leader of the cyber-security unit in the Israeli Defense Forces. He has over a decade of experience in the field of security, including cryptography, and blockchain security.

          The company’s vision is to make cryptocurrency accessible and secure for everyone, by creating a user-friendly and secure wallet that eliminates the need for private keys.

          ZenGo Wallet’s keyless architecture is designed to make it easy for users to manage their crypto assets without having to worry about the complex technical details of private key management.

          ZenGo Wallet also has a team of experienced engineers, designers, and security researchers who work together to develop and improve the platform. They also have partnerships with several companies and institutions in the blockchain and security space.

          Overall, the ZenGo Wallet team is composed of experienced professionals with a strong background in cryptography and security, and their vision is to make cryptocurrency accessible and secure for everyone through a user-friendly and secure wallet.

          Is ZenGo crypto wallet safe?

          ZenGo Wallet uses a number of security measures to keep your crypto assets safe, such as keyless architecture, biometric login, social recovery, and regular security updates. These measures can help protect your private key from hacking or other forms of theft.

          However, no system is 100% secure, and it’s always a good idea to follow best practices for securing your crypto assets, such as keeping your recovery phase safe and not sharing it with anyone. Additionally, you should be aware that the security of your funds depends on the overall security of your device and the strength of your password.

          It’s also important to note that ZenGo Wallet is a relatively new entrant in the crypto wallet market and has not been around as long as some other wallets. It’s always a good idea to do your own research and evaluate whether ZenGo Wallet’s features and security measures align with your needs.

          Conclusion: Is ZenGo crypto Wallet the right choice for your crypto needs?

          Investing is the key to financial freedom. And today there are so many investment opportunities available like crypto NFts and many more. But keeping your investment is most important.

          For crypto investment, you need a wallet to keep your crypto assets safe and secure. And here comes zengo’s wallet in the box. Zengo wallet is a keyless, safe, built-in web 3 firewall system, easy to use with the user-friendly crypto wallet.

          Zengo wallet has excellent reviews on Trustpilot also. So, if you are looking for a safe crypto wallet for you with full control like trade, buy, sell, and swap facility the zengo wallet app is for you.

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