With the cryptocurrency industry booming, many newcomers are looking for reliable wallet options. Among these options today is Zengo. In this Zengo Wallet review we analyze its features and more.
Recently, Zengo launched its desktop wallet, making it accessible to a wider range of users. Previously only available on mobile devices, this long-awaited version provides a more convenient experience while upholding the same level of security as users have come to expect from Zengo.
Zengo Wallet Review: Our Verdict
Zengo Wallet is an easy-to-use non-custodial wallet for cryptocurrency management, leveraging keyless technology for total protection. Key features include an intuitive interface, advanced Zengo wallet security thanks to MPC (Multi-Party Computation) technology, and features such as DeFi integration, staking, and facial recognition. This makes it a perfect choice for both novice and experienced users.
However, Zengo has some minor limitations, such as a smaller range of supported cryptocurrencies compared to other competitors. As for Zengo Wallet fees, Zengo doesn’t charge any fees for using the wallet although you should expect to pay network fees. We found that some third-party fees for buying crypto can be quite high. Despite this, Zengo wallet is an innovative and secure crypto wallet that stands out amongst the many wallets in the cryptocurrency market today.
Pros
- Maximum security for cryptocurrency transactions.
- Highly efficient customer support.
- User-friendly mobile and desktop app, suitable for both beginners and experts.
Cons
- Does not support Solana, XRP, Cardano, or Polkadot.
- Wallet Connect is required if you want to access dApps.
Key Findings
Launched | Supported Devices | Self-Custody? | Supported Coins and Networks | Fiat On-Ramp? | Connects to Dapps? |
Transfer Fees?
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2018 | iOS, Android, Desktop | Yes | Supports over 180 coins and tokens | Yes, fees are determined by third-party providers | Yes |
Based on the real-time network fee
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What is Zengo Wallet?
Zengo Wallet is a non-custodial wallet. It enables users to store, buy, sell, and exchange cryptocurrencies with ease. Its mission is to democratize access to cryptocurrencies through innovative technology that eliminates traditional complications such as seed phrases. Zengo uses the Multi-Party Computation (MPC) approach.
As we mentioned before in our Zengo Wallet review, the wallet uses MPC instead of private keys, splitting the information needed for transaction authorization between the user’s device and the servers. By doing this, Zengo ensures there is no single point of failure. This ensures a high level of security and Zengo also offers facial recognition for added safety measures and easy account recovery.
Regarding some of its features, Zengo users can easily store over 180 different crypto assets, stake selected tokens, and connect to Web3 and dApps using WalletConnect. Zengo Wallet also supports fast transactions with low fees. Its advanced security measures and intuitive interface make it an ideal choice for users of all experience levels and therefore one of the best crypto wallets 2024.
Is the Zengo Desktop Wallet A Game Changer?
The launch of the Zengo desktop wallet is a new evolution in the cryptocurrency world, bringing keyless security technology to the desktop environment. With its Multiparty Computing (MPC) approach, the desktop version gives users a much easier way to manage assets in a secure environment. This new development bridges the mobile device and the desktop, offering a secure and seamless multi-platform wallet, suitable for users who like to manage their assets on either larger screens or mobile devices.
Some of the advantages of desktop accessibility include:
- Higher throughput: Desktop wallets provide a better experience for users who want to multitask and have more specific control of their wallets.
- Greater compatibility: The desktop wallet feature makes it easier for users to interact with the world of DeFi and connect their wallet to apps while using their desktop devices.
- Increased security: Together with Zengo’s innovative recovery mechanisms, desktop functionality improves user convenience without compromising on security.
Cryptocurrencies Supported by Zengo Wallet
The next part of our Zengo crypto wallet review is about the cryptocurrencies supported by the wallet. Zengo supports more than 10 blockchains and over 180 crypto assets, making it a great choice for anyone seeking a secure, user-friendly digital wallet with access to various cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin. Additionally, you can store some of the top-performing meme coins like Dogecoin, Shiba Inu, and Pepe and stablecoins like Tether and USDC. With support for ERC-20 and BEP-20 tokens, you can also add countless other tokens to your wallet.
As well as crypto coins and tokens, you can also store and view Ethereum and Polygon NFTs, adding to the wallet’s versatility. For those interested in passive returns, you can easily stake both Ethereum and Tezos directly in-app.
Zengo’s latest update opened the door to the fantastic world of decentralized finance – DeFi. Through the integration with WalletConnect, you can work many DeFi applications on the go and reap the rewards these new protocols offer.
Zengo Wallet Fees & Costs
The wallet offers its users two alternatives: one paid and one free.
If you’re looking for a more affordable option, Zengo Essentials gives you a solid and secure foundation for free. With features like no-seed phrase security and NFT spam filtering, you can start your cryptocurrency adventure worry-free.
While this version is free, you will have to pay a fee when you buy, sell, or exchange cryptocurrencies. These fees include network fees that are not paid to Zengo, exchange fees, and service fees that are paid only to the providers.
If you’re looking to take your cryptocurrency security to the next level, Zengo Pro is your best choice. For only $9.99 per month or $69.99 per year, you’ll have access to exclusive features like theft protection, inheritance transfer, and Web3 firewall. Imagine safely leaving your cryptocurrencies in heirloom or being protected from the latest online scams – Zengo Pro gives you the peace of mind you need to enjoy your investments!
Pro version users also benefit from service fees reduced by 50%.
In both versions, you can buy cryptocurrencies directly from the app through third parties, although this involves additional fees. Fees can be as high as 10%.
Is Zengo Wallet User-Friendly?
The Zengo Wallet is popular thanks to its user-friendly interface, which has made it an ideal solution for any cryptocurrency enthusiast. The wallet is very intuitive and easy to navigate, marked by a fluidity that makes Zengo stand out in the crypto wallet sector.
Zengo Mobile App
Convenience is one of the biggest advantages when using Zengo. As a secure mobile wallet, it allows you to access and trade your cryptocurrency account and compatible NFTs on the go. Logging in via a mobile device makes the authentication process easier, especially with biometric facial scanning.
Zengo’s mobile app makes it much easier to connect to Web3 platforms for trading, gaming, trading NFTs, and more by scanning a QR code through the app. The app makes it possible to connect to any dApp or platform that uses the Polygon or Ethereum networks.
Even switching between iOS and Android devices is easy once you transfer the recovery file from iCloud to Google Drive or the other way around. Zengo’s app is available on both iPads and Android tablets, providing the same features as the mobile app.
Zengo Desktop Experience
The desktop version of Zengo is a combination of elegant design with key functionalities. Its design prioritizes simplicity, making it easy to manage your cryptocurrencies and view your transactions.
The desktop version offers the same with its keyless signature security supported by Multiparty Computation (MPC) that is available on mobile, providing complete protection. It also supports interaction with DeFi desktop platforms via WalletConnect, opening an avenue for DeFi trading and token management.
This newly enhanced accessibility transforms Zengo into a multi-platform wallet for users who want a cryptocurrency management solution that is versatile, unified but above all secure.
Zengo Wallet Security Features
Now to one of the most important questions: Is Zengo Wallet safe? With Zengo, you can sleep easily. This digital wallet has proven to be one of the most secure on the market, resisting any hacking attempts since its launch in 2018. Earlier this year, Zengo publicly challenged hackers to steal 10 Bitcoins they stored in a test wallet, to no avail.
What is Zengo’s secret? Its focus on security is unique. Unlike wallets that rely on a seed phrase to recover your funds, Zengo uses an advanced technology called MPC (Multi-Party Computation). This means that multiple layers of security protect your cryptocurrencies without memorizing a secret passphrase that could get lost or fall into the wrong hands.
In addition, Zengo offers three-factor authentication that combines your email, facial recognition, and a digital recovery file. This creates an almost impenetrable security barrier for anyone trying to access your funds without authorization.
But the security continues beyond there. Zengo also includes a Web3 firewall that protects you from fraudulent transactions. This tool alerts you every time you are about to interact with a smart contract, providing different alerts based on the level of risk involved.
In short, Zengo gives you both security and peace of mind that cannot be matched when it comes to managing cryptocurrencies. Its advanced technology along with its multiple layers of security and its focus on the user make it a perfect choice for those who want their assets to be safe.
Zengo Wallet Customer Support
One of Zengo’s strengths is its customer service – if you need help, they are available for you 24 hours a day, 7 days a week in your native language.
You can contact them via email, contact form, live chat, or Zengo X. If you’re a Pro user, you’re guaranteed a response in less than an hour – often in as little as five minutes.
Knowing that there is a team of experts ready to help you, especially when it comes to your cryptocurrencies, is an incredible peace of mind.
The proof of customer satisfaction and reliability is clear in their reviews, Zengo Wallet has earned a positive reputation on TrustPilot, getting 4.4 stars out of 839 reviews. Users highlight its interface, security features, and excellent customer support.
How to Get Started with Zengo Wallet in 2025
Zengo is looking to remove certain major barriers in crypto, among them setting up your first crypto wallet.
Here’s how to get things up and running:
Step 1: Download the Zengo Wallet app or Sign Up on Desktop
Access the Google Play Store or App Store and locate Zengo. Alternatively, visit the Zengo website and find the app from there. Then download the app and install it.
You can also access Zengo through desktop which we will walk you through now. First, click Sign Up on the Zengo website. Here you’ll be prompted to enter your email address. Once you do this, Zengo will send you a confirmation email/ Open your email and click on the link provided.
Once you have done this, you’ll be brought back to the Zengo wallet site. Here you will be prompted to download the app on your mobile and complete the rest of the process there.
Step 2: Create an account
Once your app is installed on mobile and opened, follow the prompts to create your secret MPC shares. This is Zengo’s unique alternative to a seed phrase, whereby two “secret shares” are created, one on your phone and one on Zengo’s servers.
Step 3: Create a recovery kit
You’ll also be prompted to create a recovery kit. This is a form of 3 Factor Authentication compromised of your email account, 3D FaceLock (an encrypted biometric scan), and your Zengo recovery file.
Your Recovery Kit permits you to recover your Zengo wallet at any time if you lose access or move from one device to another.
Step 4: Use the wallet
Set up a biometric facial lock if you prefer and start accessing the wallet with your Zengo Wallet username. You will then be able to buy cryptocurrencies through third-party providers, receive cryptocurrencies from exchanges or other wallets, or even just explore the app and discover what it can offer you.
Zengo Wallet vs. Competitors
If we compare Zengo with Trust Wallet — another popular software wallet — Zengo differs in its keyless security. Thanks to its MPC technology it eliminates the need to use private keys or seed phrases, while Trust Wallet relies on using seed phrases for information and key recovery. Although Zengo is easily accessible to all users and has robust security, it does not have a wide range of cryptocurrencies as Trust Wallet does.
As for Ledger, a physical wallet, Zengo provides the security and convenience of a mobile and desktop app without requiring physical form hardware. Ledger, on the other hand, provides unparalleled connection security even though a device is required for access.
Zengo focuses on easy-to-use interfaces along with unique DeFi compatibility, making it an ideal choice for beginners and experts, while Ledger is more suitable for those with high-value wallets whose top priority is maximum security.
Conclusion
Zengo Wallet continues to transform cryptocurrency management thanks to its keyless security. It is one of the easiest and most convenient wallets to use on the market with support for a wide range of assets. The recent addition of its desktop wallet is a major draw because it offers seamless synchronization with the mobile app.
Whether you are an experienced trader or a first-time crypto user, Zengo provides a versatile, convenient, and most importantly secure experience.
If you are on the lookout for a wallet that offers robust security, is simple to use, and has cross-device access, Zengo Wallet is worth looking into. Try it out today and discover all that this wallet has to offer.
Our Methodology
We focus on providing unbiased, up-to-date, and accurate information about wallets like Zengo. For our Zengo review, we took into account different factors such as user experience, security features, assets and functions, user opinions, and comparison with the competition. This multi-pronged approach allows our content to remain helpful, reliable, and appropriate.
FAQs
Which country uses Zengo Wallet?
Is Zengo safe to receive money?
How do I transfer money from Zengo to my bank account?
Does Zengo have fees?
Is Zengo wallet legit?
References
- What Is MPC (Multi-Party Computation)? – MPC 101 (Fireblocks)
- Ledger Wallet: Examples of How Crypto Wallets Work (Investopedia)
- Blockchain Transaction Fees: Why Do They Matter? (Bybit)