Gem Wallet vs Zengo

How Gem Wallet vs Zengo compare on our ratings, wallet specs, funding, pros and cons.

VS
Zengo3.6/5
Feature
Ratings
Our score4.6/53.6/5
User ratingNo reviews yetNo reviews yet
Security4.54.0
Ease of use4.54.0
Chain support5.03.5
Features4.03.5
Privacy5.03.0
Specs
KYC required NoNot disclosed
Wallet typeMobileMobile, MPC
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Sui, Aptos, TON, Tron, Hyperliquid, Cosmos, OtherOther
PlatformsiOS, AndroidiOS, Android
Open source YesNot disclosed
Hardware wallet supportNot disclosed No
In-app swaps Yes Yes
Staking Yes Yes
NFT support YesNot disclosed
Buy crypto in app Yes Yes
Security featuresBiometric authentication, 12-word seed phrase backup, Apple Keychain integration, Google Tink encryptionMulti-party computation, 3-Factor Recovery, 3D FaceLock biometrics, Cloud backup
Recovery without a seed phrase No Yes
Built-in dApp browser Yes Yes
Swap fee0.5%4%
Company
Founded2023—
HeadquartersUnited Arab Emirates—
InvestorsNot disclosedNot disclosed
Strengths and weaknesses
Pros
  • Fully open-source mobile application audited by CertiK in April 2026
  • Requires no account creation, email address, or identity verification
  • Supports over 100 distinct blockchains within a single interface
  • Integrated DEX aggregator compares routes across 23 swap providers
  • Self-custodial MPC design avoids a traditional seed phrase
  • Recovery uses email, cloud backup and 3D FaceLock
  • Supports 14+ blockchains
  • No Zengo fee for sending, receiving or storing crypto
Cons
  • No desktop client or web browser extension available
  • Swaps carry a 0.5% fee in addition to standard network costs
  • No social recovery alternative for the seed phrase
  • Swap exchange fees reach 4%, before variable liquidity and network fees
  • Recovery depends on email, cloud backup and biometric access
  • ERC-20 transactions require ETH for Ethereum network fees
  • Mobile-only availability limits desktop wallet use
Best forMobile multichain crypto management, Privacy-focused self-custody, Direct cross-chain swaps without exchangesMobile self-custody without seed phrases, Users wanting biometric wallet recovery, Multi-chain swapping and staking

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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