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Zengo review (2026)

Best for no seed phrase. 320+ assets, multi-chain.

📱 Software mpc

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Key facts

Typesoftware · mpc Platformsios · android
Coin support320+ assets, multi-chain ConnectivityApp-based
Secure element Open sourceNo

Specs checked against official documentation · 23 July 2026

Pros & cons

Pros

  • No seed phrase to lose — MPC key sharing replaces it
  • Free to use — you only pay network fees
  • Broad asset support: 320+ assets, multi-chain

Cons

  • Closed-source firmware — you trust the vendor’s claims
  • Hot wallet — connected to the internet, so device compromise = funds at risk
  • MPC recovery depends on the provider’s continued existence

FAQ

Is Zengo safe?

Zengo is a mpc software wallet. No wallet removes the human risks: phishing and seed-phrase theft cause far more losses than device flaws.

How much does Zengo cost in Australia?

Zengo is free to download; you pay only blockchain network fees when transacting.

What coins does Zengo support?

320+ assets, multi-chain

Alternatives

MetaMask 8.3/10

Best for DeFi standard

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Phantom 8.2/10

Best for Solana ecosystem

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Rabby 8.1/10

Best for transaction safety

Read review →

General information only, not financial advice. Always verify wallet downloads and purchases against the official site.