Zengo Wallet Launches In-Wallet Swap Solution with THORChain
Zengo Wallet, a renowned self-custodial wallet prized for its security features, has introduced a new in-wallet swap solution powered by THORChain, offering users secure and low-fee self-custodial swaps without compromising their asset custody.
Enhanced Security through MPC Technology
Zengo Wallet implements Multi-Party Computation (MPC) technology to enhance security by eliminating the need for seed phrases, effectively thwarting phishing and hacking attempts. With a track record of five years without any compromises, Zengo Wallet stands as a trusted choice for crypto enthusiasts, supporting multiple chains like Bitcoin, Ethereum, Polygon, Tezos, and more.
THORChain Contribution to Integration
THORChain serves as a decentralized liquidity protocol focused on facilitating secure cross-chain swaps. Leveraging Threshold Signature MPC technology, THORChain ensures the security of native assets across various chains. By integrating with THORChain, Zengo aims to offer an on-chain alternative to centralized exchanges, enabling users to uphold self-custody of their assets while benefiting from exchange functionalities.
Promoting Self-Custodial Solutions
Zengo and THORChain both share a commitment to advancing self-custodial solutions in the crypto realm. Through their partnership, they harness MPC technology to enhance security and usability in self-custody practices. This collaboration strives to bring the convenience of centralized exchanges directly to users’ wallets, streamlining asset management for improved security and efficiency.
Additional Features and User Support
In addition to 24/7 in-app live support, Zengo offers a premium Pro subscription featuring advanced security elements like Theft Protection and Legacy Transfer, catering to users’ security needs. The integration with THORChain further enriches the user experience by enabling low-fee swaps without sacrificing control over assets.
Community Engagement and Upcoming Events
Join the Zengo and Nine Realms teams for a joint session on Twitter Spaces on Wednesday, June 17th, to delve into the integration details and address community queries. Engage in the conversation via the provided Twitter Spaces link.
Exploring THORChain
For those keen on delving deeper into THORChain, a plethora of resources await, including weekly Twitter Spaces sessions, educational content on THORChain University, and informative videos on GrassRoots Crypto. Stay informed through various channels such as Telegram, Discord, and Reddit.
Hot Take: Embrace Secure and Low-Fee Self-Custodial Swaps with Zengo Wallet and THORChain
Unlock the power of secure and cost-effective self-custodial swaps by leveraging Zengo Wallet’s integration with THORChain. Enjoy peace of mind knowing your assets are safeguarded while seamlessly exchanging native cryptocurrencies. Stay ahead in the crypto sphere with Zengo and THORChain’s commitment to enhancing security and functionality for self-custodial solutions.