To buy Binance Coin (BNB), start by downloading the Zengo app and creating a wallet. Next, select your preferred payment method and input the amount of BNB you want to purchase. Once the transaction is confirmed, your BNB will be transferred to your Zengo wallet. Zengo works with reputable platforms such as MoonPay, Transak, and BankSA for secure payments and follows KYC (Know Your Customer) regulations, which involve identity verification.

The process of buying Binance Coin (BNB) on Zengo is typically fast, often taking only a few minutes. The exact time may depend on factors like the payment method you choose, network congestion, and the exchange partner involved. After the process is complete, you’ll get a notification, and your BNB tokens will be transferred to your wallet.

For the highest level of security and to comply with regulations, Zengo requires ID verification prior to purchasing Binance Coin (BNB). This process helps prevent fraud and ensures the safety of your transactions.

Zengo partners with regulated purchasing platforms that adhere to AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations. To buy Binance (BNB) or any other cryptocurrency, you must be at least 18 years old and provide a valid ID for identity and age verification.

Zengo is a self-custodial wallet for cryptocurrency that is free to use. However, you will have to pay a fee when you buy, sell, or trade cryptocurrency. These fees include

• Network fees (not paid to Zengo)
• Exchange fees
• Service fees (paid only to the providers).

Zengo does not apply any hidden fees or markups on the exchange rate. The fee amount may vary depending on the payment method, currency, and operator. Before you confirm your payment, Zengo provides you with a clear breakdown of all applicable fees.

Note: Zengo Pro users benefit from reduced service fees.

Like all cryptocurrencies, Binance (BNB) carries market risk. Prices can be highly volatile, so it’s important to conduct thorough research and understand the risks before making an investment.

Your Binance (BNB) assets are fully secured on Zengo with top-tier security measures:

• Keyless Security: Zengo’s keyless system ensures your assets are safeguarded using advanced cryptography, eliminating the need for private keys.
• Multi-Layered Protection: Zengo secures your account with facial recognition, MPC security, and 3FA.
• Web3 Firewall: Zengo’s Web3 Firewall offers proactive protection against phishing and online threats that could target your Binance (BNB).

Zengo supports purchasing Binance (BNB) in over 188 countries around the world. However, some countries may have restricted access to the app or specific features due to local regulations. For a full list of supported countries, visit Zengo’s website.

You can also sell or swap Binance (BNB) on Zengo. 

To sell Binance (BNB), you can choose the sell option on the app and enter the amount of Binance (BNB) you want to sell. You will see the exchange rate and the fees before you confirm the transaction. You will receive the fiat money in your bank account or your preferred payment method.

To swap Binance (BNB), you can choose the swap option on the app and select the crypto asset you want to swap with Binance (BNB) or any other asset. You will see the exchange rate and the fees before you confirm the transaction. You will receive the swapped crypto asset in your Zengo wallet.