Coinbase
vs
Binance
Crypto wallets (15)
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8.7
10
Overall Rating

ZenGo is pioneering an innovative approach with its "Keyless Wallet". The wallet is designed with a strong emphasis on beginner-friendliness and usability. Traditional processes involving recovery words (seed phrase), backups, and verification can often be cumbersome. ZenGo eliminates these hurdles with a hybrid solution: instead of a private key, two "secret shares" are created. One share is stored on ZenGo's servers and the other on the user's mobile device. ZenGo cannot access the stored assets but can still assist in restoring a backup if needed. Verification is accomplished through biometric facial recognition. This approach significantly enhances usability, making ZenGo highly recommended for beginners. However, crypto purists who prefer full control over their private keys may want to consider another wallet. For everyone else, we endorse ZenGo and concur with the positive user reviews.

Read Review
By  
Ethan Parker
Senior Content Editor
0 Reviews
(
0/5)

Zengo

Hardware

Price
Secure Elements
FIDO U2F Authenticator
yes
Yes
no
No
Certification
Processing quality
Low
Medium
Large
Service
Screen
Interfaces
Dimension
Weight
Scope of delivery

Zengo

User Interface

Offer and features of

Zengo

Functionality

Buy & Sell
yes
Yes
no
No
Staking
yes
Yes
no
No
NFT Integration
yes
Yes
no
No
Two-factor authentication
yes
Yes
no
No
Multi Signature
yes
Yes
no
No
Backup
Keyless Wallet™, Biometric Facial Recognition
Particularities
-
Available for US users?
yes
Yes
no
No

Unique Features

  • Lending (earning interest)
  • Web3 connection through WalletConnect

Platforms

iOS App
yes
Yes
no
No
Android App
yes
Yes
no
No
Desktop App
yes
Yes
no
No

Our

Zengo

Review

Test Result

Overall rating
8.7
10
Operation
10
/10
complicated
simple
Functions & Scope
8
/10
simple
extensive
Supported Assets
7
/10
few
many
Security & Trust
7
/10
low
high
Beginner friendliness
10
/10
unsuitable
very suitable
Support
10
/10
bad
good

Conclusion

ZenGo is pioneering an innovative approach with its "Keyless Wallet". The wallet is designed with a strong emphasis on beginner-friendliness and usability. Traditional processes involving recovery words (seed phrase), backups, and verification can often be cumbersome. ZenGo eliminates these hurdles with a hybrid solution: instead of a private key, two "secret shares" are created. One share is stored on ZenGo's servers and the other on the user's mobile device. ZenGo cannot access the stored assets but can still assist in restoring a backup if needed. Verification is accomplished through biometric facial recognition. This approach significantly enhances usability, making ZenGo highly recommended for beginners. However, crypto purists who prefer full control over their private keys may want to consider another wallet. For everyone else, we endorse ZenGo and concur with the positive user reviews.

By  
Ethan Parker
Senior Content Editor

Pro's & Con's

What we like:
  • Innovative keyless approach enhances usability.
  • Ideal for beginners with a focus on simplicity.
  • Biometric facial recognition for secure verification.
  • Eliminates the need for traditional recovery phrases and backups.
  • Positive user reviews and endorsements.
What we don't like:
  • Lacks full control over private keys, which may concern crypto purists.
  • Reliance on ZenGo's servers for part of the security.
  • Limited customization options for advanced users.
  • Some users may prefer more traditional wallet setups.

Customer Reviews

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POWERED BY AI

Zengo

User Reviews

We compile and highlight user feedback from leading review platforms, social networks, and various online sources to provide you with a comprehensive overview of user experiences and user reviews
reddit
g2 crowd
twitter
trustpilot
sikayetvar
Propose change
Operation and user-friendliness

Most of our users say that Zengo is simple and easy to understand. For what I've been told, the app is well designed and easy to use. It has step by step tutorials on setting up the wallet and simple to send and receive money. There are some specific features that users have suggested as areas for improvement.

Functions and offer

Zengo offers a variety of features that have been well received by users, including support for purchasing cryptocurrencies directly from the app. However, some users would like more advanced features, such as built-in trading capabilities or advanced analytics tools.

Supported assets

Zengo is praised for supporting a range of cryptocurrencies. The wallet supports popular cryptocurrencies such as Bitcoin and Ethereum, but also a number of altcoins. However, some users would like to see an even wider range of supported cryptocurrencies, especially when it comes to lesser-known or newer altcoins.

Security and trust

Zengo is praised for its innovative approach to key management and security. The use of threshold signatures to avoid a single point of failure is viewed as a positive. However, some users express concerns about the trust aspect, as part of the security responsibility lies with Zengo.

Beginner friendliness

The Zengo Wallet is often described as being particularly beginner-friendly. Users praise the wallet's ease of setup and use and the well-designed tutorials and guides. However, some users note that despite the general user-friendliness, a certain amount of training time is required.

Support

Overall, user experiences with Zengo support are positive. Users report quick and helpful responses to their questions. The availability of support through various channels, including email and social media, is also highlighted positively. However, some users express a desire for live chat support directly in the app or website.

Conclusion –
Zengo

In summary, Zengo receives mostly positive reviews, particularly for its ease of use and innovative security architecture. Users appreciate the ease of setup and support for multiple cryptocurrencies, although some would like more advanced features and a greater variety of supported assets. Opinions on beginner-friendliness are mostly positive, with some users mentioning some learning curve. Customer experience with support is also mostly positive, with a desire for live chat support. Overall, experiences are mostly positive, indicating general user satisfaction with Zengo.

About

Zengo

Zengo

Software
The Company
Zengo Ltd.
Headquarters
Israel
Company size
Small
Medium
Large
Regulation
-
Founder
Gary Benattar, Omer Shlomovits, Ouriel Ohayon, Tal Be'ery
Year of foundation
2018

Summary

By
Ethan Parker
Updated:
August 6, 2024

About the author

Ethan Parker
Senior Content Editor

At Exchange Flow, Ethan is recognized as the resident crypto expert. With 10+years of experience navigating the waters of global crypto exchanges, Ethan is a trusted voice in the ever-evolving world of digital currencies. He tests and scrutinizes exchanges so you don’t have to, offering reviews and articles that newbies and seasoned traders alike find invaluable. When he’s not coding, Ethan likes to travel and play retro games. He uses his crypto earnings to fund his trip around the globe.

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Author Page
Zengo
Software Wallet • For Beginners • International
Zengo
Software Wallet • For Beginners • International
The information on this website is for educational purposes only and is not an investment recommendation. It should not be seen as a promise of specific outcomes or as urging you to invest. Buying cryptocurrencies is risky and could lead to losing all your invested money. This site doesn't offer investment advice. We're not responsible for the accuracy or usefulness of the information here, nor will we compensate for any financial losses.