To buy crypto on the Zengo app, first download the app and set up a secure wallet. Once your wallet is ready, choose the cryptocurrency you want to purchase. Zengo supports payments through trusted providers like Moonpay and Banxa, offering a range of payment options including Apple Pay, Google Pay, Visa/Mastercard, and bank transfers, ensuring a secure and convenient experience.

Yes, buying crypto is completely legal in Australia. While its use is regulated by the Australian government, crypto is recognized as a legitimate and valid form of digital currency.

Yes, Zengo provides top-tier security to safeguard your funds:

• Advanced facial recognition for secure and convenient logins.
• Strong security features, such as threshold signatures, MPC security, and three-factor authentication (3FA), to protect your crypto holdings.
• A Web3 Firewall that blocks online threats and alerts you to any suspicious activity.

No, Zengo requires ID verification for all users to comply with anti-money laundering (AML) regulations and security standards, ensuring a safer environment for everyone.

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 Crypto or any other crypto assets.

It’s an instant process. In just a few minutes, you’ll have your crypto safely stored in your Zengo wallet.

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.

Cryptocurrencies provide a flexible means of payment in Australia for a range of goods and services, from trading on exchanges to purchasing gift cards and making donations. As acceptance continues to grow among retailers and service providers, the options for using crypto in everyday transactions are expanding.

You can also sell or swap Crypto on Zengo. 

To sell Crypto, 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 Crypto, 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.