ZenGo Wallet Review

ZenGo Wallet Review

ZenGo Wallet Review claims that there is no single point of failure and no chance of losing your funds irreversibly in the case of hacking or wallet loss.

ZenGo Wallet Review: About Zengo

ZenGo Wallet is a non-custodial mobile cryptocurrency wallet that uses threshold signatures instead of private keys to produce two mathematical secret shares – one on your mobile device and the other on their servers.

This implies that there is no single point of failure and no chance of losing your funds irreversibly in the case of hacking or wallet loss.

ZenGo Wallet Review: Fees

ZenGo is one of the few cryptocurrency purchasing businesses that allows you to choose your own network cost (economy, regular and fast). That implies you have some leeway in deciding how much you’ll spend in fees, as long as you’re ready to wait. You may even accelerate or cancel transactions after they’ve been filed (but not after they are confirmed by the blockchain).

There are two choices, both of which are implemented by third-party companies.

  • Trade: This feature allows you to exchange coins for other cryptocurrencies or tokens. For example, you can change your Bitcoin into USDC. The cost is only 0.75 per cent in this case.
  • Buy and sell: This lets you purchase cryptocurrency using fiat currency (e.g., $ or €) through a credit/debit card or bank transfer. Buying with a credit card costs 5.99 percent, however, buying with a bank transfer costs only 1.99 percent.

ZenGo Wallet Review: Features

Wallet TypeMobile Wallet
PriceFree download plus internal purchases
Size70MB
Trust Rating Medium
ModeHybrid(custodial and non-custodial)

ZenGo Wallet Review: Popular Review

SourceRating
Google Playstore4.78/5
Appstore4.78/5
Cryptovantage4/5
Cryptotesters4.25/5

ZenGo Wallet Review: Purchase Limit

To buy cryptocurrencies on ZenGo, you must first authenticate your identity. There are three stages of authentication, each with its own purchasing restriction.

  • Level 1: €150 per month maximum
  • Level 2: €20,000 per month maximum
  • Level 3: €50,000 per month maximum

Zengo Wallet Review: Pros and Cons

Pros Cons
Users can buy and sell through the appPartially non-custodial.
Users can earn interest on holdingsCloud or drive keyless backup required.
Extreme easy set-up.

ZenGo Wallet Review: Compatible Currencies and Countries

  • Bitcoin (BTC)
  •  Binance Coin (BNB)
  • Ethereum (ETH)
  • Tezos (XTZ)
  • 0x (ZRX)
  • Augur (REP)
  • Basic Attention Token (BAT)
  • ChainLink Token (LINK)
  • Chiliz (CHZ)
  • Civic (CVC)
  • Dai (DAI)
  • Decentraland (MANA)
  • Golem (GNT)
  • Huobi Token (HT)
  • Leo Token (LEO)
  • Loom (LOOM)
  • Maker (MKR)
  • OmiseGo (OMG)
  • Paxos Standard (PAX)
  • Tether (USDT)
  • TrueUSD (TUSD)
  • USD Coin (USDC) 

The wallet is available worldwide for those looking to use it specifically for storing and using cryptocurrency. 

ZenGo Wallet Review: Review Video

YouTube video

ZengGo Wallet Review: Some thoughts of people

Also read: EVFM Stock Forecast

ZenGo Wallet: Google Trends

ZenGo Wallet Review: App Store and Play Store Top Review

Play Store Review
App Store

– Dhvipasha Purohit

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

ZENGO WALLET REVIEW
Subhash

Subhash

Subhash, Founder of Crowdwisdom360 is an MBA and a Trained Financial Advisor with an extensive background in Forecasting in Financial Services and Politics. He has appeared many times on National TV and has written for a variety of magazines on Wealth Management and Election Strategy.