Zengo, a user-friendly and non-custodial crypto wallet, now lets users manage multiple segregated wallets under a single Zengo Pro account.
This feature was mainly built for Web3 and crypto community members as it provides the increased security and privacy many wallet holders expect. All Zengo Pro users can create multiple wallets, enabling them to organize and manage their digital assets efficiently.
Let’s discuss the advantages of having multiple unique, segregated wallets within a single Zengo account.
Manage Multiple Wallets Under One Crypto Roof
Creating and managing multiple unique crypto wallets is exclusively available to Zengo Pro customers. After upgrading to the paid subscription, users can create up to 5 different wallets that are held in a single account through the app.
Having separate wallets accessible on a single platform helps holders track and differentiate their different crypto transactions more conveniently. Instead of switching and logging into other applications, account holders can stay within Zengo’s secure crypto storage system.
The crypto wallet management platform’s user-friendly interface makes it easy to set up new wallets with just a few taps.
What are the benefits of using segregated wallets?
Since cryptocurrencies have hundreds of different uses today, being able to segregate multiple wallets is extremely useful for those managing and holding various coins.
Many crypto assets, like Bitcoin, function as long-term investments, so it’s optimal to hold them securely in one storage space. However, many crypto investors also own other coins, like DeFi tokens and altcoins, used for day-to-day transactions.
With multiple segregated wallets, Zengo users can secure their holdings by separating their high-value assets from their riskier crypto holdings. This allows investors to use different wallets for experiments, riskier transactions, and safe investments. They can also maintain better privacy by creating a separate wallet for public-facing wallets for payments and other crypto services.
Configurations for Pro features, such as asset withdrawal protection and legacy transfer, are uniformly applied to all newly created wallets for greater overall account security.
How to Start Using Multiple Wallets in Zengo
Creating multiple wallets with Zengo Pro can be done within minutes. Follow these steps to set up your first additional crypto wallet:
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- Download Zengo: Install Zengo on your iOS or Android device.
- Upgrade to Zengo Pro: After creating an account, subscribe to Zengo Pro for exclusive features.
- Add a new wallet: In the Zengo Wallet app, tap “Settings” and “Create” to add a new wallet.
- Name your wallet: Enter a unique wallet name based on what you’ll use the new crypto wallet for.
If you want to optimize your wallet for the best crypto storage and management, here are a few tips to follow.
- Differentiate between personal and business crypto wallets for more efficient tax reporting and private financial planning.
- If you have long-term crypto holdings, it’s best to keep all digital assets in one wallet named “Secure Storage” or “Long-term Investments.”
- If you have many daily transactions, you can dedicate one crypto wallet so that your other wallet addresses remain more private.
Is Zengo Worth Considering in 2024?
With over 24,000 cryptocurrencies, choosing the right crypto wallet is crucial for any crypto investor. Zengo is one of the most secure wallet apps, being safer and more recoverable.
As a non-custodial wallet, Zengo offers full control and enhanced privacy over private keys compared to self-custodial wallets like Binance and Coinbase wallet. Zengo also has DeFi and NFT capabilities through WalletConnect. Wallet holders can buy NFTs on OpenSea or trade thousands of cryptocurrencies on Uniswap.
The 2024 crypto landscape is filled with unique opportunities, from staking to Web3, that go beyond buying and holding digital assets. Zengo’s cutting-edge wallet management capabilities provide a highly secure platform for storing crypto and a gateway to participate in the broader crypto space.
With multiple segregated wallets, Zengo Pro users can protect their long-term investments while exploring other aspects of the blockchain ecosystem.
Conclusion
Zengo’s unique, multiple-segregated wallet feature blends the platform’s next-generation security with a better crypto management experience. Having several crypto wallets inside one Zengo Pro account lets investors better organize their digital assets while maintaining privacy and security.
Download the Zengo wallet app today and try out this innovative feature to help you better control your crypto assets.