Wallet Review
Zengo Wallet Overview
A structured overview of Zengo: MPC-based self-custody, seedless recovery, mobile wallet experience, and key evaluation points for users choosing a non-custodial wallet.
Based on MPC reviews
Scores out of 10
A self-custody wallet for everyday crypto access
Verdict
Zengo can suit users who want direct control over their assets while accessing networks, tokens, and Web3 applications. Because Zengo does not issue a seed phrase, recovery is handled through Zengo's MPC-based system rather than a written backup phrase. Users retain control over their assets through this model, without needing to store or protect a traditional recovery phrase. The wallet supports a range of crypto assets and includes built-in options for buying and swapping within the app.
Zengo at a glance
Zengo evaluation breakdown
Zengo is evaluated for private-key control, recovery model, and protection against common custody risks.
Zengo supports access to crypto assets and networks described in its feature set, with coverage depending on wallet type and platform.
Zengo is assessed by its main wallet features, asset management tools, and compatibility with common crypto workflows.
Zengo can work for everyday users while still requiring careful handling of recovery phrases, transaction approvals, and network settings.
Why Users Choose Zengo
MPC Security Model
Zengo uses multi-party computation (MPC) cryptography to secure wallet access. Instead of a single private key, cryptographic shares are split between the user's device and Zengo's server, with neither side holding a complete key alone.
No Seed Phrase
Unlike traditional wallets, Zengo does not issue a seed phrase. Account recovery is handled through Zengo's MPC-based system, removing the risk of losing access due to a lost or compromised recovery phrase.
Mobile Wallet
Zengo is available as a mobile app for iOS and Android, offering self-custody wallet features, asset management, and access to supported services from a mobile device.
Asset Management
Users can store, send, and receive a range of crypto assets across supported networks directly within the Zengo app.
Buy and Swap
Zengo includes built-in options for buying and swapping supported assets within the app, allowing users to acquire or exchange crypto without leaving the wallet.
Self-Custody
Zengo is designed as a self-custody wallet. Users retain control over their assets through the MPC model, without relying on a traditional private key or seed phrase.
User perspectives on Zengo
Common evaluation points users consider when comparing Zengo with other wallet and swap options.
Needto swap assets without an exchange account?
Baltex provides non-custodial swap routes across multiple asset pairs without requiring account registration or holding assets in custody.
Open Baltex AppAbout Zengo
Zengo Wallet Overview
Zengo is a self-custody cryptocurrency wallet available as a mobile app for iOS and Android. It uses a multi-party computation (MPC) security model instead of the traditional private key and seed phrase approach used by most wallets. Under this model, cryptographic shares are held separately by the user's device and Zengo's infrastructure, with neither side holding a complete key independently.
Because Zengo does not issue a seed phrase, recovery is handled through Zengo's MPC-based system rather than a written backup phrase. Users retain control over their assets through this model, without needing to store or protect a traditional recovery phrase. The wallet supports a range of crypto assets and includes built-in options for buying and swapping within the app.
Non-custodial alternative
Users who want to move assets between different cryptocurrencies using a separate non-custodial service may find Baltex a useful complement to their wallet. Baltex provides direct swap routes across multiple asset pairs without requiring account creation or holding assets in custody.
Frequently Asked Questions
Zengo uses multi-party computation (MPC) cryptography, where cryptographic shares are split between the user's device and Zengo's server. Neither side holds a complete private key, and account recovery is managed through this MPC model rather than a seed phrase.
Zengo is designed as a self-custody wallet using an MPC model. Users retain control over their assets through this approach, though the security model differs from traditional wallets where the user holds a complete private key or seed phrase independently.
Zengo provides account recovery through its MPC-based system. Because there is no seed phrase, recovery does not depend on a written backup phrase but instead uses the recovery mechanisms provided within the Zengo app.