Buying TrueUSD (TUSD) on Zengo is straightforward. Begin by downloading the app from the App Store or Google Play and creating your wallet. Complete the verification process by providing the necessary documents. Once verified, open the app, tap “Buy,” and select TrueUSD (TUSD). Choose your preferred payment method, such as credit/debit card, bank transfer, Apple Pay, or Google Pay, through providers like MoonPay and Banxa. Review the transaction details and confirm your purchase. Your TrueUSD (TUSD) will be deposited into your Zengo wallet once the transaction is processed.

Yes, it is completely legal to buy TrueUSD (TUSD) in Australia. You are free to buy, sell, trade, spend, receive, and securely store TrueUSD (TUSD) without any legal limitations.

Like any investment, TrueUSD (TUSD) comes with risks due to its inherent volatility. While it offers the potential for significant returns, it is also subject to notable price fluctuations.

Yes, buying TrueUSD (TUSD) on Zengo is safe. Here’s how Zengo ensures the security of your TrueUSD:

• Zengo employs advanced facial recognition technology for secure and seamless logins.
• It uses robust security features such as threshold signatures, MPC security, and three-factor authentication (3FA) to protect your TrueUSD (TUSD).
• The Web3 Firewall provides an extra layer of protection by blocking online threats and notifying you of any suspicious activity.

No, purchasing TrueUSD (TUSD) 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 TrueUSD (TUSD) or any other crypto assets.

The time required to purchase TrueUSD (TUSD) on Zengo varies depending on the payment method. Credit/debit card payments and Apple Pay/Google Pay are typically processed instantly, while bank transfers can take 1-2 business days to finalize.

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, TrueUSD (TUSD) is a versatile digital asset that can be used for more than just trading on exchanges. It enables purchases of goods and services online, participation in gaming platforms, and support for charitable activities. With its growing acceptance, an increasing number of merchants are expected to adopt TrueUSD as a reliable payment method.

You can also sell or swap TrueUSD (TUSD) on Zengo. 

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