Buying USD Coin (USDC) on Zengo is easy and straightforward. Start by downloading the app from the App Store or Google Play and setting up your wallet. Complete the verification process by submitting the required documents. Once verified, open the app, tap “Buy,” and choose USD Coin (USDC). Select a payment method, such as credit/debit card, bank transfer, Apple Pay, or Google Pay, via providers like MoonPay and Banxa. After reviewing the transaction details, confirm your purchase, and your USD Coin (USDC) will be credited to your Zengo wallet upon processing.

In Australia, it is completely legal to buy USD Coin (USDC). You are free to engage in activities such as buying, selling, trading, spending, receiving, and securely storing USD Coin (USDC) without any legal limitations.

As with any investment, USD Coin (USDC) involves risks stemming from its inherent volatility. Although it offers the possibility of significant returns, it is also vulnerable to substantial price swings.

Yes, Zengo makes buying USD Coin (USDC) safe and secure. Here’s how:

• Advanced facial recognition ensures secure and convenient logins.
• Robust security features, such as threshold signatures, MPC security, and three-factor authentication (3FA), protect your USD Coin (USDC).
• The Web3 Firewall provides additional security by blocking potential threats and alerting you to suspicious behavior.

No, purchasing USD Coin (USDC) 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 USD Coin (USDC) or any other crypto assets.

The time it takes to buy USD Coin (USDC) on Zengo depends on your selected payment method. Transactions made with credit/debit cards and Apple Pay/Google Pay are generally instant, while bank transfers may require 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.

USD Coin (USDC) in Australia is more than just a tool for trading on exchanges. It enables users to buy goods and services online, engage in gaming activities, and support charitable causes. With its growing popularity, an increasing number of merchants are expected to recognize USDC as a reliable payment method.

You can also sell or swap USD Coin (USDC) on Zengo. 

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