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Zengo Wallet description
Zengo Wallet is a mobile cryptocurrency wallet that prioritizes security. Unlike most wallets that rely on a seed phrase for recovery, Zengo uses Multi-Party Computation (MPC) technology, eliminating the vulnerability of a single point of failure. This makes it resistant to hacks and phishing attempts. Zengo supports a variety of cryptocurrencies and offers features like buying, selling, swapping, and interacting with NFTs and DeFi applications. A premium subscription, Zengo Pro, unlocks additional features like multiple wallets, inheritance planning for your crypto assets, and enhanced security measures.
Who is Zengo Wallet best for
Zengo Wallet offers a secure and user-friendly mobile platform ideal for beginners and experienced crypto enthusiasts. Its MPC technology eliminates seed phrases, enhancing security. Users praise its intuitive interface and responsive customer support. However, some have noted high minimum purchase amounts and occasional slow transaction speeds. Zengo supports various cryptocurrencies, NFTs, DeFi integration, and buying, selling, and swapping functionalities.
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Best for small to mid-sized businesses.
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A good fit for various industries handling digital assets.
Zengo Wallet features
| Supported Zengo wallet supports swapping over 40 cryptocurrencies. |
| Supported Zengo offers seedless wallet creation using MPC cryptography. |
| Supported Zengo Wallet supports login with 3D face authentication. |
| Supported Zengo supports DeFi integrations through WalletConnect. |
| Supported Zengo supports NFTs on Ethereum and Polygon. |
We evaluate the sentiment that users express about non-functional aspects of the software
Value and Pricing Transparency
Customer Service
Ease of Use
Reliability and Performance
Ease of Implementation
Zengo Wallet reviews
We've summarised 234 Zengo Wallet reviews (Zengo Wallet TrustPilot reviews and Zengo Wallet G2 reviews) and summarised the main points below.
- Very user-friendly and easy to navigate interface.
- High level of security with MPC technology and no seed phrase.
- Excellent and responsive customer support.
- Face scan recovery feature is convenient and secure.
- Supports a wide variety of cryptocurrencies.
- High minimum purchase amounts for some cryptocurrencies.
- Limited selection of smaller cap altcoins.
- Occasional slow transaction processing times.
- Transaction fees can be high, especially for certain payment methods.
- Some users experienced bugs with the app, particularly after a redesign.
Zengo Wallet pricing
The commentary is based on 55 reviews from Zengo Wallet G2 reviews and Zengo Wallet TrustPilot reviews.
While Zengo Wallet is praised for its security and ease of use, some users find its fees for transactions, purchasing crypto, and its pro features to be a bit high. Despite this, many consider it affordable compared to other wallets.
Users sentiment
See the Zengo Wallet pricing page.
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Zengo Wallet has a free plan.
Zengo Essentials
Zengo Essentials, the free plan, offers basic security features like no seed phrase vulnerability, secure wallet recovery with 3FA, and an NFT spam filter.
Zengo Pro
Zengo Pro offers advanced security features like Legacy Transfer, Asset Theft Protection, Advanced Web3 Firewall, and Priority 24/7 Support.
Zengo Wallet alternatives
zengo-wallet vs VenlyBetter for businesses needing blockchain integration tools. Caters to a wider range of industries including Healthcare, Manufacturing, and Software. Offers API integrations for payments, tokens, and NFTs. More transparent pricing but less user-friendly and has slower momentum.Read more
MagicBetter for delegating business tasks, not cryptocurrency management. Suitable for larger organizations needing virtual assistants. Primarily serves professional services, retail, and other non-crypto industries. More positive pricing sentiment. Zengo Wallet alternative. Magic competitor.Read more
HollaExBetter for businesses wanting to create and manage their own cryptocurrency exchanges. A Zengo Wallet alternative geared towards experienced users, offering exchange setup and management.Read more
FireblocksBetter suited for enterprise businesses. More complex implementation. Higher cost. More established and growing faster.Read more
CoinomiSupports more cryptocurrencies and has desktop app availability. Coinomi is growing faster than Zengo. It also has higher ratings.Read more
Zengo Wallet FAQ
What is Zengo Wallet and what does Zengo Wallet do?
Zengo Wallet is a mobile cryptocurrency wallet known for its security features. Utilizing Multi-Party Computation (MPC), it eliminates the single point of failure vulnerability of seed phrases. Zengo supports various cryptocurrencies, buying, selling, swapping, NFTs, and DeFi integration. Zengo Pro offers enhanced security, multiple wallets, and inheritance planning.
How does Zengo Wallet integrate with other tools?
Zengo Wallet integrates with DeFi applications through WalletConnect, enabling users to interact with a wide range of decentralized finance protocols. It also supports NFTs on Ethereum and Polygon. More integrations are not explicitly mentioned.
What the main competitors of Zengo Wallet?
Zengo Wallet's top competitors include Binance, Fireblocks, and Vaultody. These alternatives offer similar features, such as secure cryptocurrency storage and management, support for various cryptocurrencies and NFTs, and advanced security measures. They cater to a range of users, from individuals to large institutions.
Is Zengo Wallet legit?
Yes, Zengo Wallet is a legitimate and safe mobile cryptocurrency wallet. It uses MPC technology for enhanced security, eliminating the single point of failure of seed phrases. Zengo supports various cryptocurrencies and offers features like buying, selling, and swapping, along with NFT and DeFi integration.
How much does Zengo Wallet cost?
Zengo Wallet offers a free Essentials plan for security-conscious users. For advanced security and priority support, Zengo Pro costs $129.99 annually or $19.99 monthly. Is Zengo Pro worth it? It depends on your individual security needs.
Is Zengo Wallet customer service good?
Zengo Wallet's customer service is highly regarded by users, who describe it as excellent, helpful, and quick to respond. Support agents are praised for their patience and professionalism in resolving issues, even for complex topics or users new to crypto.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.