To buy Bitcoin on Zengo, you need to download the app, select a provider, verify your identity, choose your payment method, enter the amount of Bitcoin you want to buy, and confirm the transaction. You will receive your Bitcoin in your Zengo wallet within minutes.

Buying Bitcoin anonymously on Zengo is not an option. Zengo works with regulated platforms that adhere to anti-money laundering (AML) and know-your-customer (KYC) regulations. Before purchasing Bitcoin or any other cryptocurrency, Zengo’s purchasing partners mandate identity verification and the provision of some personal information.

You can use the following payment methods to buy Bitcoin on Zengo:

• Credit card
• Debit card
• Bank account (transfer)
• Apple Pay
• Google Pay
• SEPA
• CashApp
• Cash – Zengo currently does not allow buying Bitcoin using cash.

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 service fee is only applicable to Zengo Pro users.

Below is a breakdown of the fees associated with buying Bitcoin using the Zengo wallet.

Please note: Zengo fees may vary by country. For specifics, visit the Zengo Fees webpage

Bitcoin’s safety as an investment depends on personal security perception. It’s highly volatile, but becoming mainstream. It’s a modern alternative to traditional assets, but not completely anonymous due to public addresses that can be tracked on the blockchain. Your Bitcoin’s safety lies in wallet security. If you lose your password or it is compromised, your Bitcoin is at risk. However, if you safeguard your seed phrase or private key, Bitcoin can provide high security. Zengo uses MPC to safeguard your wallet without requiring a vulnerable seed phrase or private key.

It usually takes a few minutes to buy Bitcoin on Zengo. However, the exact time may vary depending on the payment method, the network congestion, and the exchange partner. Zengo will notify you when your transaction is completed and your Bitcoin is available in your wallet.

Zengo works with purchasing partners who are regulated and compliant and follow the AML and KYC rules. You must be at least 18 years old and provide a valid ID to verify your identity and age before you can buy Bitcoin or any other crypto assets.

You cannot purchase Bitcoin using a gift card on Zengo; the supported payment methods are limited to those listed above.

Yes, it is safe to purchase Bitcoin on Zengo. Zengo is a highly secure and user-friendly platform for buying and managing Bitcoin and other cryptocurrencies. Zengo uses advanced cryptography called Multi-Party Computation to safeguard your wallet without requiring a seed phrase or private key. This technology is used by institutions to safeguard billions of dollars worth of crypto. Zengo maintains the world’s biggest open-source MPC library and holds several patents in consumer wallet security innovation. Your secure account recovery is comprised of your email, 3D FaceLock verification, and Recovery File. Zengo also has a 24/7 customer support team ready to assist you anytime. Zengo’s security model is evident from the fact that 0 Zengo wallets have been hacked or stolen since its establishment in 2018.

Zengo is available in over 180 countries and regions around the world. However, you can check if our exchange Gateway partners (Moonpay, Banxa, and Coinmama) are available in your country for added convenience.

You can also sell, swap, or stake Bitcoin on Zengo. 

To sell Bitcoin, you can choose the sell option on the app and enter the amount of Bitcoin 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 Bitcoin, you can choose the swap option on the app and select the crypto asset you want to swap with Bitcoin 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.