Frequently asked questions

Question 1

What is Zengo?

Accepted Answer

Zengo is categorized as a software wallet / hot wallet designed for smartphones, featuring a simple app-based interface that supports a wide range of different crypto assets and NFTs. Zengo uses MPC cryptography to eliminate seed phrases, offering a non-custodial experience with built-in buy, sell, swap, and DeFi capabilities.

Question 2

Is Zengo safe & legit?

Accepted Answer

Zengo is non-custodial and closed source and has not experienced any hacks, exploits, scandals, or criminal charges. Zengo uses MPC cryptography, biometrics, recovery files, and email verification.

Question 3

Who created Zengo?

Accepted Answer

Zengo was created by Zengo Ltd, co-founded by Gary Benattar, Omer Shlomovits , Tal Be’ery , and Ouriel Ohayon.

Question 4

Where is Zengo's company based?

Accepted Answer

Zengo Ltd, the company behind Zengo, is headquartered in Tel Aviv, Israel.

Question 5

How does Zengo work?

Accepted Answer

Zengo can be accessed through a mobile app that uses MPC cryptography to generate and manage private keys. Zengo is set up through the Zengo App, which handles wallet creation, biometric 3D FaceLock enrollment, and recovery kit generation. Zengo connects directly to mobile and Web3 applications, enabling transactions via integrated buy, swap, NFT, and DeFi tools without USB or hardware dependency.

Question 6

When was Zengo launched?

Accepted Answer

Zengo was launched March 15, 2019.

Zengo

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