Cryptocurrency Q&A
Is Zengo legit?
Is Zengo legit?
Leonardo
Thu Dec 05 2024
|
6 answers
1280
I'm considering using Zengo for some financial services, but I'm not sure if it's a legitimate platform. I want to know if Zengo is a trusted and reliable company before I decide to use it.
6 answers
Silvia
Sat Dec 07 2024
Despite Zengo's resilience against account takeovers and sim swaps, users remain vulnerable to certain types of scams.
Was this helpful?
69
92
Valentina
Sat Dec 07 2024
Scammers often target new and unaware users who may not be fully informed about the risks involved in cryptocurrency transactions.
Was this helpful?
375
52
StormGalaxy
Sat Dec 07 2024
One common tactic employed by scammers is to lure users into sending funds from their Zengo wallet to another wallet.
Was this helpful?
148
43
BitcoinBaron
Sat Dec 07 2024
Scammers pose a significant threat to users even when platforms like Zengo offer robust security measures.
Was this helpful?
228
91
SakuraDance
Sat Dec 07 2024
Once the funds are transferred, the transaction is often irreversible, meaning the user may lose their money forever.
Was this helpful?
85
64
Load 5 more related questions
