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How to buy and sell crypto on Zengo
How to buy and sell crypto on Zengo
Ouriel Ohayon avatar
Written by Ouriel Ohayon
Updated over a week ago

Buying and selling crypto in Zengo is simple and secure. We've partnered with Banxa and MoonPay to process credit cards, bank wires, Apple Pay, Google Pay (Mastercard only), and instant EU/GBP bank transfers.

The options available to you in the app depend on your region or the asset you want to buy. You may have Banxa or MoonPay.

Before you buy or sell crypto, you will need to verify your identity on Banxa or MoonPay. For more information, please refer to our page on buying crypto in Zengo.

Buying crypto

Please follow these three simple steps:

  1. In the main menu, tap "Buy" and select your asset

  2. Select the provider

  3. Continue the process with the chosen provider

Buying crypto with Zengo is seamless, and you'll never need to leave your wallet. After your purchase is approved, your crypto will arrive in your Zengo wallet. 

Currently, customers in the following regions can buy crypto in Zengo.

Sell crypto

To sell your crypto and transfer to a bank account on Zengo, follow these steps:

1. Open the Zengo app and tap on "Sell".

2. Choose either "Swap to stablecoin" to convert to USDC, USDT, or DAI or "Crypto to local currency" to cash out into local currency.

3. If you choose to cash out, select a partner from the list, follow their instructions, and finalize the order.

4. Return to Zengo and send the crypto to the chosen partner, carefully copying their destination wallet address provided on their site and the exact amount of crypto you wish to cash out.

5. Once they receive your crypto and the transaction is confirmed on the blockchain, they will proceed and convert it to your local currency and initiate a bank transfer.

On average, it takes up to 3 business days to receive the cash in your bank account.

Additionally, customers now have the option to sell crypto directly to their Visa cards through our partner Moonpay.

Exciting news for our USA-based customers: You can now use the "Sell to Card" feature with MasterCard through Moonpay. This option allows you to sell your crypto directly to your MasterCard.

Please note this option is currently available exclusively in the USA, excluding New York, Louisiana, Texas, and the US Virgin Islands.

What are the fees?

Please read our help section on the fees applied on buy and sell

If you have any more questions, feel free to contact us anytime at 

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