One laptop. ~$6.3B out the door.
When one machine can sign alone, that's the whole attack surface.
Zengo: two key shares, neither signs alone. 🧘
Where are your coins sitting tonight? https://t.co/4lZP1lgbB4
3.6/ 5
Our score
Good
Custody
Self-custodial
Chains
Other
Platforms
iOSAndroid
In-app swaps
Yes
Hardware wallet support
No
What is Zengo?
Zengo is a self-custodial mobile crypto wallet built around multi-party computation (MPC) rather than a traditional seed phrase. Its 3-Factor Recovery system combines email and cloud backup with 3D FaceLock biometrics. Zengo says it secures more than $20B in digital assets and has completed seven security audits.
How the wallet works
The wallet runs on iOS and Android. MPC splits signing authority into two key shares, so neither share signs a transaction alone. The setup removes the need to write down a seed phrase. Recovery uses a Recovery Kit containing an email address and a Recovery File stored in the user's cloud account.
Zengo supports 14+ blockchains and provides token storage, sending, receiving, swaps, staking, on- and off-ramp access, and decentralised application access. Recent additions include Arc, where USDC can pay its own network fees, and Robinhood Chain, which supports stock tokens and crypto inside the wallet.
Fees and transaction times
Zengo charges no wallet fee for sending, receiving or storing crypto. Swaps carry an exchange fee of up to 4%, plus liquidity fees that vary by coin pair. Blockchain network fees apply separately and go to the network rather than Zengo. Supported ERC-20 token transactions require ETH for Ethereum network fees.
Swaps usually take 5 to 30 minutes, although the asset pair and market conditions can extend processing time.
Availability and security
Zengo's recovery design reduces seed-phrase phishing risk, but it depends on the recovery email and cloud backup, as well as the biometric process.
Transactions still face ordinary software-wallet risks, including phishing and malicious decentralised applications. Incorrect addresses are another risk. Swap fees can also raise the total cost above the quoted exchange rate, while network fees remain separate.
Track record
Zengo reports more than $20B in digital assets secured. Its current product includes swaps, staking, ramps and decentralised application access, with Arc and Robinhood Chain support announced in October 2026.
Best for:Mobile self-custody without seed phrasesUsers wanting biometric wallet recoveryMulti-chain swapping and stakingArc and Robinhood Chain users
Pros and cons
Pros
- 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
- Seven security audits reported
Cons
- 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
Our review
3.6/5
Good
Zengo removes seed-phrase exposure through shared MPC recovery, but its mobile MPC model and swap fees add trade-offs.
Zengo is a self-custodial mobile wallet for iOS and Android. It replaces a traditional seed phrase with multi-party computation, using two key shares that cannot sign transactions independently. Its 3-Factor Recovery system combines email, cloud backup and 3D FaceLock biometrics. Recovery depends on this MPC design and the email, cloud backup and biometric process.
The wallet supports 14+ blockchains and includes sending, receiving, swaps and staking. It also provides on-ramp and off-ramp access, along with access to decentralised applications. Arc and Robinhood Chain were added in October 2026.
Zengo charges no fee for sending or receiving crypto, or for storing it. Swaps can carry an exchange fee of up to 4%, plus variable liquidity and network fees. They usually take 5 to 30 minutes. Ethereum is also needed to pay network fees for supported ERC-20 tokens.
Zengo says it has secured more than $20B in digital assets. It has completed seven security audits.
Sources (1)
Specs
| Wallet type | Mobile, MPC · unverified |
|---|---|
| Custody | Self-custodial |
| Chains | Other · unverified |
| Platforms | iOS, Android |
| Hardware wallet support | No · unverified |
| In-app swaps | Yes · unverified |
| Staking | Yes · unverified |
| Buy crypto in app | Yes · unverified |
| Security features | Multi-party computation, 3-Factor Recovery, 3D FaceLock biometrics, Cloud backup · unverified |
| Recovery without a seed phrase | Yes · unverified |
| Built-in dApp browser | Yes · unverified |
| Swap fee | 4% · unverified |
Not disclosed by the provider: KYC required, Open source, NFT support, WalletConnect, Passkey login, Multisig, Perpetuals trading.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Seedless recovery
3-Factor Recovery combines email, cloud backup and 3D FaceLock biometrics instead of a traditional seed phrase.
MPC signing
Two key shares are used for transaction signing, and neither share signs alone.
In-app swaps
Supported assets can be swapped in the wallet; the exchange fee is up to 4%, plus variable liquidity fees.
Multi-chain wallet
Zengo supports 14+ blockchains, including Arc and Robinhood Chain.
Staking access
The wallet includes staking alongside storage, sending and receiving for supported assets.
Crypto ramps
On- and off-ramp services provide ways to buy or sell supported crypto through the app.
dApp access
Zengo provides access to decentralised applications from its self-custodial wallet.
Inside Zengo
Zengo Wallet
Zengo Wallet is a self-custodial mobile wallet for holding, sending and receiving crypto. It also includes swaps, staking, on-ramp and off-ramp access, and access to decentralised applications.
3-Factor Recovery
3-Factor Recovery combines email, cloud backup and 3D FaceLock biometrics to recover the wallet without a traditional seed phrase.
What users say about Zengo
Praise focuses on the seedless wallet design and available support. Complaints mainly involve access failures, transaction problems, backup or recovery risks, and weak deletion protection.
In their own words
“Alternatively, you may try seedless wallets, like ZenGo’s MPC wallet:”
“Zengo has live in-app support 24/7, everywhere around the world. You can email [email] or message the support team directly inside of the app. Your funds are not "stuck" - you simply need enough gas to pay to move them onchain.”
“Can't login, downloading indefinitely... Fir some days i can't enter Zengo, i identity with my fingerprint and app show small circle loading infinitely without entering app...i delete cache, restart phone, then desintalled app...nothing worked. I contacted Zengo but don't reply.”
“Is it really that easy to delete a Zengo account and lose everything? I recently found about Zengo. I like the idea behind it and definitely prefer it over a seed phrase. Today I created a Zengo account and while I was testing the App and learning about all the features I noticed how easy I can…”
“CANT SEND FUNDS All the app is saying when I paste in the address I want to send to it and press review, it says “oops, something went wrong, try again” and I did everything in the book to try to send, but nothing. I even tried swappin, said the same thing.”
Scam warning: Users report impersonators and fake job offers posing as Zengo.
Scam warning: Fake support and unofficial wallet sources may trick users into sending funds or sharing access information.
Based on 29 Reddit posts and comments from the last 12 months, checked Oct 18, 2026. These are posts by users on other sites, not reviews submitted on CryptoReview.
User reviews
No user reviews yet. Have you used Zengo? Share your experience below.
FAQ
How much does Zengo charge?
Zengo charges no fee for sending, receiving or storing crypto. Swaps have an exchange fee of up to 4%, plus variable liquidity and network fees, while blockchain network fees also apply.
How long do Zengo swaps take?
Zengo swaps usually take 5 to 30 minutes. The time can vary by asset pair and market conditions.
Is Zengo self-custodial?
Yes, Zengo is self-custodial and uses MPC key shares instead of a traditional seed phrase. Its 3-Factor Recovery system uses email, cloud backup and 3D FaceLock biometrics.
Which blockchains does Zengo support?
Zengo supports 14+ blockchains. Recent additions include Arc and Robinhood Chain, while supported ERC-20 transactions require Ethereum for network fees.
Does Zengo use a seed phrase?
No, Zengo uses MPC key shares instead of a traditional seed phrase. Recovery uses email, cloud backup and 3D FaceLock biometrics.
Latest from Zengo on X
All clear. Your funds are safe on Zengo ✅
Stocks trade while you sleep now.
In Zengo, your stock tokens sit in a wallet you control.
Which ticker are you up for? 👀
In Zengo, your stock tokens sit in a wallet you control.
Which ticker are you up for? 👀
Would you let an AI agent manage your wealth?
🟢 Yes, it's already better than me
🟡 Some of it, with hard limits
🔴 Never, I trust my own bad decisions
🟢 Yes, it's already better than me
🟡 Some of it, with hard limits
🔴 Never, I trust my own bad decisions
Stocks trade 24/7 now.
The wallet holding them shouldn't hinge on 24 words.
Robinhood Chain is live in Zengo 🪶 What are you holding?
The wallet holding them shouldn't hinge on 24 words.
Robinhood Chain is live in Zengo 🪶 What are you holding?
Recent public posts from @ZenGo, shown as published. Not reviewed or endorsed by CryptoReview.
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