CryptoReview
Submit listing

ShapeShift vs Zengo

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

ShapeShift4.2/5
VS
Zengo3.6/5
Feature
ShapeShiftVisit
ZengoVisit
Ratings
Our score4.2/53.6/5
User ratingNo reviews yetNo reviews yet
Security4.04.0
Ease of use4.04.0
Chain support4.53.5
Features4.03.5
Privacy4.53.0
Specs
KYC required NoNot disclosed
Wallet typeMobile, WebMobile, MPC
CustodySelf-custodialSelf-custodial
ChainsEthereum, Bitcoin, Solana, BNB Chain, Arbitrum, Base, Polygon, Avalanche, Tron, Cosmos, OtherOther
PlatformsiOS, AndroidiOS, Android
Open source YesNot disclosed
Hardware wallet support Yes No
In-app swaps Yes Yes
Staking Yes Yes
Buy crypto in app Yes Yes
WalletConnect YesNot disclosed
Security featuresNot disclosedMulti-party computation, 3-Factor Recovery, 3D FaceLock biometrics, Cloud backup
Recovery without a seed phraseNot disclosed Yes
Built-in dApp browserNot disclosed Yes
Swap fee0%4%
Company
Founded2014—
HeadquartersSwitzerland—
InvestorsEarlybird Venture Capital, Access Venture Partners, Blockchain Capital, Lakestar +3Not disclosed
Strengths and weaknesses
Pros
  • Zero platform commission fees charged on decentralized trades
  • No identity verification or KYC required to swap or store funds
  • Covers more than 10,000 assets across 48 native blockchains
  • Direct hardware wallet connectivity for Ledger and Tangem devices
  • 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
  • Third-party routing protocols and automated market makers impose variable swap fees and spreads
  • Cross-chain execution risks depend entirely on third-party bridge and DEX contract security
  • Users bear total responsibility for managing unassisted seed-phrase recovery
  • Trustpilot average rating stood at 3.0 out of 5 in March 2026
  • 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 forKYC-free cross-chain asset swaps, Multichain DeFi asset management, Hardware wallet integration usersMobile 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.