Summary
Zengo is a self-custodial cryptocurrency wallet that enables users to buy, sell, and swap a wide range of crypto assets, including Bitcoin and Ethereum. It focuses heavily on security through multi-party computation (MPC) and 3FA authentication. Users can also set up direct deposit to automatically convert a portion of their paycheck into crypto.
Features2/12
See allMust Have
1 of 5
Bitcoin Trading
Instant P2P Transfers
Prepaid Debit Card (Cash App Card)
Early Direct Deposit
Commission-Free Stock Trading
Other
1 of 7
Fraud Monitoring & Security
High-Yield Savings
Round-Up Savings
Pay Over Time (Afterpay)
Instant Discounts & Offers
Customizable Card Designs
ATM Access & Fee Reimbursement
PricingFreemium
See allZengo (Free)
- Self-custodial wallet
- Buy, sell, swap crypto
- NFT Wallet
- Earn (Staking Ethereum)
- Multi-Party Computation (MPC) security
- 3FA Recovery
- 24/7 in-app live support
- Transaction fees (network, exchange, service fees) apply and are higher than Zengo Pro
Zengo Pro
- Multiple Wallets
- Bitcoin Vaults
- Legacy Transfer
- Theft Protection
- Web3 Firewall
- Private Transaction Mode
- Perks
- Reduced service fees on transactions
Rationale
Zengo is primarily a crypto wallet that allows users to buy, sell, and swap various cryptocurrencies, including Bitcoin and Ethereum. It emphasizes security features like MPC and 3FA. While it offers the ability to "get paid in crypto" by converting paychecks, this is not equivalent to early direct deposit of fiat currency. It does not offer a prepaid debit card, stock trading, or traditional P2P transfers like Cash App. The security features align with fraud monitoring.
