ZenGo lets you trade cryptocurrency using a wallet that doesn’t require keys. You download the app onto your mobile phone and the data goes between your phone and ZenGo’s servers. You access your wallet and information using facial recognition technology. The registration is easy using an email address and a finger lock application on your phone. Google Drive, iCloud and facial recognition security backup your data. They also enable users to speed up or cancel sent transactions after they’re submitted but not yet confirmed on the blockchain.
You can buy cryptocurrency anywhere in the world using the mobile application. ZenGo gives you the flexibility to pay using your local currency or other options such as Apple Pay, credit cards, bank wires, Google Pay, Samsung Pay, debit cards and GBP instant bank transfers.
Sell is available for BTC only and ETH will be available soon. Selling is supported in 28 countries throughout the EU & UK (the US is coming soon).
You can earn variable interest by staking Tezos to different blockchains through the proof of stake option. In addition to that, ZenGo offers 4% APY on Bitcoin savings and lending deposits with no time frame limit.
ZenGo gives you the option of swapping digital coins for a fee of 0.125%.
You have access to 70 different cryptocurrencies such as Bitcoin, Ethereum, Binance, Tether, Tezos, Dogecoin, Polygon, Chiliz and Dash.
ZenGo is a growing company. The help section offers answers to most of your questions. You can contact them through email, Twitter, LinkedIn, Telegram, or an online contact form. ZenGo maintains a blog that gives you insights on how everything works and troubleshooting any issues. Customer support is available 24 hours a day, 7 days a week. You will receive a response within a few minutes. The drawback is no telephone support is available to speak with someone. Aside from this issue, you can get quick replies to any questions or problems.
ZenGo is running a special where you will receive $10 off of your first purchase. A network fee applies to operators that are buying, selling, or trading cryptocurrencies. These fees vary and operators charge a percentage depending on the size of the trade. Operators also charge a spread fee that is the difference between the spot and order price. These fees differ for the size of the trade, time, and cryptocurrency. A conversion fee applies when you are paying in local currencies and swapping into digital assets. These charges vary depending on the spot prices.
You pay 0% when sending or receiving crypto. A 5.99% fee applies for Moon pay and 1.99% for bank wire transfers.
Coinmana transactions vary from .91% to 3.83%, depending on the currency you buy or sell.
A 0.75% processing fee applies for trading cryptocurrencies. You pay nothing to withdraw or deposit Ethereum and to activate Tezos in staking. ZenGo also provides a custom network fees option, where you can choose the speed vs. the fee you’re willing to pay.
ZenGo runs everything through the mobile application. The app is user-friendly, and you see the same things as on the website. You can download the app for free and try out ZenGo.
ZenGo has an excellent help section, rewards, and security using 3FA verification. 3FA is a 3 layer system to authenticate and protect your information, including email, backup files, and facial recognition. The blog is informative and helps you to learn about how to use the application. The staff does their research, which makes this an easy and safe place for cryptocurrency investing.
ZenGo is easy to manage. The navigation is straightforward. These factors make the app helpful and user-friendly. Everything is effortless using the ZenGo app.
ZenGo vs Competitors
ZenGo’s use of 3FA security is groundbreaking and gives you better ways to invest in cryptocurrency safely. The company provides a unique combination of crypto assets you can’t find with competitors.
A referral program pays you 50% of the commission of each referral for up to one year. ZenGo is leading the way to make everything easy for investing in cryptocurrencies. Competitors don’t give you these options or flexibility.
We give ZenGo a rating of 4.9 stars. The company makes investing in cryptocurrency easy and secure. Their next-generation security is something no one else gives you and is groundbreaking. Crypto beginners will find the app simple and straightforward to start their cryptocurrency investing. The fees are reasonable and you have access to 70 different digital assets.
Customer support is excellent and gives you lots of help. However, you cannot speak to someone on the telephone and must use one of the other options for assistance. The company responds quickly to any inquiries and helps you to resolve your issues 24 hours a day.
ZenGo Video Tutorial
ZenGo gives you lots of tutorials to explain how everything works and get you started. You can check out one below.
Frequently Asked Questions
Is ZenGo safe?
ZenGo is one of the safest options for investing in cryptocurrencies. The company uses your email address, cloud storage and facial recognition to verify your identity.
Can I buy Bitcoin on ZenGo?
Can I buy Bitcoin on ZenGo?
Yes. You can buy bitcoin and more than 20 other cryptocurrencies on ZenGo.
Benzinga crafted a specific methodology to rank cryptocurrency exchanges and tools. We prioritized platforms based on offerings, pricing and promotions, customer service, mobile app, user experience and benefits, and security. To see a comprehensive breakdown of our methodology, please visit see our Cryptocurrency Methodology page.
SoFi builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy Bitcoin, Ethereum, Cardano, Solana, Chainlink, Uniswap and other DeFi tokens instantly. For a limited time, get a $10 BTC bonus when you make your first trade of $10 or more!
Credit: Source link