Buying USD Coin (USDC) with a bank account on the Zengo app is simple. Download the app, create a secure wallet, link your bank account (SEPA for Europe or SWIFT internationally), and select the amount of USDC you’d like to purchase.

With Zengo, transactions are processed swiftly, and you can expect to receive your USD Coin (USDC) in just minutes after confirming your bank payment.

Buying USD Coin (USDC) anonymously on Zengo is not an option. Zengo works with regulated platforms that adhere to anti-money laundering (AML) and know-your-customer (KYC) regulations. Before purchasing USD Coin (USDC) or any other cryptocurrency, Zengo’s purchasing partners mandate identity verification and the provision of some personal information.

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.

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.

The security of USDC’s blockchain is bolstered by its decentralized structure and the broad adoption of a distributed ledger system. However, digital platforms face risks like smart contract vulnerabilities and network attacks. Using Zengo, which integrates multi-party computation, biometric 3D FaceLock, and safeguards against seed phrase vulnerabilities, can significantly enhance the security of your USDC transactions and protect against online risks.

Yes, you can safely buy USD Coin (USDC) on Zengo using your bank account. Zengo prioritizes your security with the following robust measures:

• Advanced facial recognition technology for secure and hassle-free login.
• Cutting-edge security features, including threshold signatures, MPC security, and three-factor authentication (3FA), to protect your USDC assets.
• A Web3 Firewall that blocks potential threats and alerts you to suspicious activities.

Zengo is available in over 180 countries around the globe, with only a handful of countries, like China, Iran, and Cuba, where its services are restricted due to local regulations.

• Credit / Debit Card
• Apple Pay
• Google Pay
• SEPA
• CashApp
• PayPal

You can also sell, swap, or stake 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.