To purchase cryptocurrency on the Zengo app, simply download it and set up a secure wallet. After your wallet is ready, choose the cryptocurrency you’d like to buy. Zengo supports payments through trusted providers like Moonpay and Banxa, offering a variety of payment options such as Apple Pay, Google Pay, credit/debit cards (Visa, Mastercard), or bank transfers, ensuring a seamless and secure process.

Yes, buying cryptocurrency in Singapore is legal. The Monetary Authority of Singapore (MAS) regulates digital assets under the Payment Services Act (PSA), ensuring that cryptocurrency exchanges and service providers operate in compliance with anti-money laundering (AML) and counter-terrorism financing (CFT) regulations.

Yes, Zengo offers the following high-level security features to keep your funds safe:

• Advanced facial recognition technology for convenient and secure logins.
• Robust security measures, including threshold signatures, MPC security, and three-factor authentication (3FA), to protect your Crypto holdings.
• 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.

The process is seamless. Within minutes, your crypto will be 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.

Zengo supports several payment methods:

• Google Pay: Google Pay provides a simple and secure way to buy crypto on Android devices.
• Credit/Debit card: You can buy Crypto on Zengo using your Credit Card or Debit Card.
• Bank transfer: You can buy Crypto in Singapore using your TD Bank account or card.
• Paypal: Paypal is another simple and secure method to buy crypto on Zengo Wallet.
• Apple Pay: Apple Pay is a fast and easy way to buy Crypto directly from your iOS device. Apple Gift cards are not currently accepted.

Note: Zengo does not support cash payments.

In Singapore, you can use cryptocurrency to purchase a variety of goods and services, as the country is crypto-friendly and home to many businesses that accept digital assets. While crypto is not legal tender, many merchants and platforms support it as a payment option.

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.