If you are looking to purchase bitcoin on Zengo app wallet. Then this is a complete guide for you even if you have not purchased crypto before. Or in case you are unfamiliar with the Zengo app.
You do not have to worry as I have covered for you. Because buying bitcoin or any other crypto on Zengo wallet is safe, fast, and secure. It is not only bitcoin, you can buy all other coins like Ethereum (ETH), USD stablecoin (USDC), and more.
Zengo has partnered with Moonpay and tried its best to make the payment and buying process easy and fast for you. You can use the following methods to buy bitcoin and other cryptos on Zengo:
- Credit Card ( Visa, Master)
- Apple Pay ( Visa Master Card)
- Bank Transfer ( Swift, SEPA)
- Debit Card ( MAestero)
You can buy bitcoin, and other cryptos with Moonpay, Coinmama, and Banxa in 188 regions in the world.
However, if you are from the following countries, you can not buy crypto using Zengo:
- Ivory Coast
- North Korea
- South Sudan
Note: Zengo does not support the following states in the united states:
- New York
- Rhode Island
- US Virgin Islands
How To Purchase Bitcoin On Zengo App?
The first thing you need is to create an account on the Zengo wallet using Coinmama. The account registration process is also very easy. You can create an account in the following steps:
- 1.. Register for a Coinmama account
- Get verified to buy and sell cryptocurrency
Once you have registered your account on Coinmama, you can use to login into the Zengo wallet.
Download The Zengo Wallet App
After creating the account on Cionmama, it is time to download the Zengo wallet and set up it.
If you don’t know how to set up the Zengo wallet, then check this article where you can see step-by-step how to set up the wallet.
Tap The Buy Icon
Buying bitcoin or another crypto on Zengo is fast, simple, and secure. The famous coins are already available, but more coins are to come in the upcoming days. For now, you can buy the following coins and tokens son Zengo wallet:
- Bitcoin (BTC),
- Ethereum (ETH),
- Binance Chain (BNB),
- Dai (DAI),
- Paxos Standard (PAX),
- Tether (USDT),
- Basic Attention Token (BAT),
- USD Coin (USDC),
- TrueUSD (TUSD),
- Tezos (XTZ)
Enter The Amount
Once you have clicked on the favorite coins you want to buy, it is time to enter the amount you want to spend. The minimum amount of purchase is $125 or it’s equaling EUR, GBP.
However, suppose you are going to purchase less than 334. In that case, you only need to provide basic information like your name, valid email (disposable emails are not accepted), date of birth, and address.
For purchases above 334, you would need to provide some additional information.
3. Enter your verification code
4. Enter your billing address
To complete your order, you need to enter the billing address. Make sure the address corresponds to a supported country. Otherwise, your payment will not proceed.
As I have mentioned earlier, if you want to purchase above 334, you will need to provide some additional documents like your official ID. Once approved, you can go to the next step.
5. Choose a payment method
You have three payment options in the supported country:
- Credit card (Visa and MasterCard).
- Apple Pay (MasterCard only).
- Bank deposit (GBP and SEPA)
.Note: Please note that the bank transfers are only available in the EU countries and UK.
6. Congratulations! You’re done.
After your purchase is approved, you will receive a confirmation email, and then you receive the crypto soon after.