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Zengo Introduces Multiple Wallet Feature

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Jose Aquino
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With over 2 year's experience in finance and the crypto sectors, Jose uses his knowledge and expertise to breakdown complex topics into bitesize content for both beginners and experts.

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Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. While it has undergone editorial review to ensure quality and relevance, it may not reflect the views of Cryptonews.com and is clearly distinguished from our independent editorial content.

Founded with the mission of making the global crypto economy more accessible, Zengo has consistently been at the cutting edge of convenience and security. They were one of the first crypto wallets to introduce a “keyless” wallet, simplifying self-custody for crypto users.

Now, the company has just introduced a multiple wallet feature allowing Zengo users to organize and control their digital assets more efficiently within one app.

Overview of the Multiple Wallet Feature

The new multiple-wallet feature allows Zengo users to create and manage multiple wallets. This means that instead of juggling different wallets across various platforms, users can now manage their crypto assets all within a single account.

With this feature, users can separate their wallets based on different needs—whether it’s for personal use, business transactions, or different investment strategies. Each wallet operates independently, providing users with an enhanced level of customization and flexibility that is rare in the crypto wallet industry.

The introduction of multiple wallets brings a host of benefits to Zengo users:

  • Enhanced Security: By keeping funds in separate wallets, users can add an extra layer of security. For instance, you might choose to keep your long-term investments in one wallet while using another for daily transactions. You could also use one wallet for connecting with dApps, airdrops, mints, or presales while keeping your other holdings disconnected from the rest of web3. This separation can minimize risks associated with hacks or unauthorized access.
  • Improved User Experience: Zengo’s intuitive interface makes it easy to switch between wallets, view balances, and manage transactions. You can now manage multiple wallets for different tasks without the need for multiple accounts or complicated setups.
  • Improved Organization and Privacy: Users can easily separate their business assets from personal assets, making tax reporting easier and reducing time spent on accounting. Privacy-focused individuals can also use one wallet for more public transactions like ENS services while having another wallet for their more private holdings and transactions.
  • For Businesses: Companies dealing with cryptocurrencies can use different wallets for various business functions, such as payroll, operational expenses, and savings. This ensures that funds are organized and easily trackable.

To use the multiple wallet feature, you’ll need to sign up for Zengo Pro, a premium monthly subscription with a huge range of perks. For $19.99 a month, you can have up to 5 different wallets in your account as well as features like Legacy Transfer and Theft Protection. You can also enjoy discounted fees, priority customer support, and a private transaction mode.

How to Use the Multiple Wallet Feature

Using the multiple wallet feature is straightforward. Here’s a quick guide:

  1. Update Zengo: Ensure that you have the latest version of the Zengo app installed and have upgraded to Zengo Pro
  2. Navigate to Settings: Inside your Zengo Wallet, tap on “Settings”
  3. Create New Wallet: Tap “Create” to add a new wallet. Here, you can name your wallet based on your use case. Then click “Create” again.

That’s it! You’ll be able to access your new wallet from the down arrow at the top of the Zengo home screen, or from the “Settings” screen.

Security Tip: We recommend enabling Zengo’s additional 3FA security measure which includes email verification, a 3D Facelock, and a recovery file.

About Zengo

Zengo, founded in 2018 in Israel, is a leading cryptocurrency wallet that stands out for its keyless security model. Using Multi-Party Computation (MPC), Zengo eliminates the need for private keys, replacing them with advanced cryptographic techniques that split the security between the user’s device and a remote server. This ensures that users have secure access to their funds without the risk of losing keys.

The mobile app supports a wide range of cryptocurrencies, offers a built-in exchange for seamless trading, and provides interest-earning services on held assets such as ETH. Remarkably, Zengo has never been hacked, underscoring its strong security measures. With over 1 million users worldwide, Zengo is a trusted and versatile option in the crypto wallet market.

Take Control of Your Crypto Assets With Zengo

Zengo’s introduction of the multiple wallet feature is a game-changer for crypto users seeking enhanced flexibility and security. By allowing Pro users to manage different wallets within a single platform, Zengo simplifies the complexities of crypto management. Visit Zengo today and discover how easy self-custodial crypto management can be.

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