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Yes, Zengo is a highly legitimate and secure crypto wallet. Launched in 2018, it is a non-custodial wallet that is popular for removing the traditional "seed phrase" vulnerability. Instead of a seed phrase, Zengo uses institutional-grade Multi-Party Computation (MPC) technology and biometric data (like facial recognition) to secure assets.Key Security FeaturesNo Seed Phrase: Traditional seed phrases create a single point of failure and are responsible for billions in lost crypto. Zengo eliminates this by splitting your key into two parts: one on your device and one on Zengo's servers.No Hacks: Since its launch in 2018, Zengo has maintained a record of zero reported hacks or unauthorized fund drains.3-Factor Authentication (3FA): It utilizes a combination of an encrypted cloud backup, your personal email, and 3D FaceLock biometrics.Self-Custodial: Your crypto is completely on-chain, meaning Zengo does not control or lock your funds.
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