Buying Ethereum (ETH) on Zengo is easy. Start by downloading the app from the App Store or Google Play, then create your wallet. Complete the verification by submitting the required documents. Once verified, open the app, tap “Buy,” and select Ethereum (ETH). You can pay via credit/debit card, bank transfer, Apple Pay, or Google Pay through providers like MoonPay and Banxa. Review your transaction details and confirm your purchase. Your Ethereum (ETH) will be credited to your Zengo wallet once processed.

Yes, buying Ethereum (ETH) in Australia is completely legal. You are free to buy, sell, trade, spend, receive, and store Ethereum without any legal restrictions.

Like any investment, Ethereum carries risks due to its inherent volatility. Although it has the potential for high returns, it is also prone to substantial price fluctuations.

Yes, buying Ethereum (ETH) on Zengo is safe. Here’s how Zengo protects your Ethereum:

• Zengo uses advanced facial recognition technology for secure and convenient login.
• It employs robust security measures like threshold signatures, MPC security, and three-factor authentication (3FA) to safeguard your Ethereum (ETH).
• The Web3 Firewall actively blocks online threats and notifies you of any suspicious activity.

No, purchasing Ethereum on Zengo requires identity verification to comply with Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.

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 Ethereum (ETH) or any other crypto assets.

Buying Ethereum (ETH) on Zengo can take different amounts of time depending on your chosen payment method. Credit/debit card payments and Apple Pay/Google Pay are generally instant, while bank transfers might take 1-2 business days to complete.

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.

• Mention the specific details related to Australia users.
• Link to  the Zengo Fees webpage.

Note: Zengo Pro users benefit from reduced service fees.

In Australia, Ethereum can be used for a wide range of purchases beyond just trading on exchanges. From buying goods and services to participating in DeFi projects and purchasing NFTs, ETH offers flexibility as a digital asset. As acceptance grows, more merchants are likely to embrace Ethereum as a viable payment option.

You can also sell or swap Ethereum (ETH) on Zengo. 

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