Purchasing crypto with Venmo on the Zengo app is quick and simple. Just connect your Venmo account, choose the cryptocurrency you want to buy, and follow the on-screen steps to complete your transaction. Once processed, your crypto will be securely stored in your Zengo wallet.

No, purchasing Bitcoin and other cryptocurrencies with Venmo on Zengo requires identity verification. This secure process helps protect your account and ensures compliance with regulatory requirements.

Venmo transactions are typically processed quickly, and most crypto purchases appear in your Zengo wallet shortly after confirmation. However, occasional delays may occur due to Venmo’s processing times or bank-related factors, especially outside business hours.

Alongside Venmo, Zengo offers a range of payment methods, so you can choose the one that best fits your needs:

• Apple Pay
• Google Pay
• Bank account transfers
• PayPal
• Credit card

These options provide flexibility and allow users worldwide to make secure, reliable payments.

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.

Below is a breakdown of the fees associated with buying Bitcoin and Other Cryptocurrencies using the Zengo 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 any crypto assets.

Yes, it is safe to buy crypto with PayPal on Zengo. Here’s how Zengo safeguards your assets:

• Zengo uses advanced facial recognition technology for convenient and secure login.
• Zengo utilizes advanced security measures, including threshold signatures, MPC security, and three-factor authentication (3FA) to ensure the safety of your crypto holdings.
• Web3 Firewall actively blocks online threats and alerts you to any suspicious activity.

Currently, Venmo is only available to users in the United States. If you’re outside the U.S., Zengo offers other payment methods, including Google Pay, Apple Pay, credit cards, and more.

You can also sell and swap Crypto on Zengo. 

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