Edge vs Zengo
- Comparing
- two wallets
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-26
Open source mobile wallet that trades the seed phrase for a username and password, and published every detail of the one time it failed.
The wallet with no seed phrase: two MPC shares replace the private key, which removes one risk and adds a dependency.
Verdict: Zengo
Zengo rates higher on our rubric: 3.4 against 3.2 for Edge.
- Criterion
- Editorial rating
- Edge
- 3.2
- Zengo
- 3.4
Edge and Zengo, fact by fact
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | Edge | Zengo |
|---|---|---|
| Editorial rating | 3.2 | 3.4 (favoured on this row) |
| Status | Available | Available |
| Made by | Edge | Zengo |
| Price | Free download | Free download |
| Who holds the keys | self-custodial, keys encrypted on your device under your password before any backup leaves it | self-custodial MPC, with no seed phrase: one secret share on your phone, one on Zengo's server, never combined |
| Bitcoin-only | No | No |
| Runs on | iOS, Android | iOS, Android |
| Screen | Not stated | Not stated |
| Connectivity | Not stated | Not stated |
| Released | 2014 as Airbitz, relaunched as Edge | 2018 |
| Countries on the maker's list | No published list | No published list |
| Last reviewed | 2026-08-26 | 2026-08-25 |
Pros and cons, side by side
Edge
What works
- The source is public at github.com/EdgeApp, and the same key management is sold to other developers as an SDK
- Username and password login, so a beginner is never handed a seed phrase to lose on day one
- Backups are encrypted on your device, so Edge holds a blob it cannot read rather than your keys
- A signed APK is offered for Android, so you are not dependent on Google Play
- Buying, selling, swapping, gift cards and mobile top-ups are all built in through named partners
What to watch
- Your password is the single thing protecting the wallet, and passwords are the secret people reuse
- The logging routine that leaked keys was committed in 2019 and went unnoticed until a user lost money in 2023
- The 2023 logging bug wrote unencrypted private keys into logs uploaded to Edge's servers, which cost some users real money
- Encrypted key blobs pass through Edge's infrastructure, unlike wallets that keep everything local
- Mobile only, hot wallet, no hardware signing and no secure element
Zengo
What works
- No seed phrase exists, so there is nothing to write down, photograph, or be tricked into typing
- Two independently created MPC shares, one on your phone and one on Zengo's server, that are never combined
- Three factor recovery, with a documented option to register a backup for each of the three
- Zengo says its MPC cryptography is open source, audited and peer reviewed
- Support is available 24/7 from inside the app, which is rare in self-custody
What to watch
- Signing requires Zengo's server, so the wallet depends on the company staying reachable in a way a seed phrase does not
- The wallet app itself is closed source; only the cryptography underneath it is published
- Recovery runs through your email, your cloud account and a face scan, which is three dependencies instead of one piece of paper
- Never hacked and 2+ million wallets are Zengo's own claims on Zengo's own homepage, with no independent confirmation
- Mobile only, with no desktop app and no hardware signing
Frequently asked questions
Is Edge or Zengo better?
Zengo rates higher on our rubric: 3.4 against 3.2 for Edge. The rating follows the product rubric published on our about page; the rows above set custody, price and platforms side by side so you can check it.
Are Edge and Zengo free?
Yes, both are free to download. What differs is who holds the keys: Edge is self-custodial, keys encrypted on your device under your password before any backup leaves it; Zengo is self-custodial MPC, with no seed phrase: one secret share on your phone, one on Zengo's server, never combined.
Is Edge or Zengo bitcoin-only?
Neither: both support assets beyond bitcoin. Edge: Bitcoin plus Ethereum, Litecoin, Monero, XRP, Dogecoin, Dash, Solana and more. Zengo: Bitcoin among 1,000+ assets, including Ethereum, Solana, TRON and stablecoins.
The full reviews: Edge and Zengo, each with its sources, and every wallet we review.
More comparisons
Every other head-to-head Edge or Zengo appears in.
- Aqua vs Edge
- Atomic Wallet vs Edge
- Bitcoin Core vs Edge
- Blockstream Green vs Edge
- BlueWallet vs Edge
- Cake Wallet vs Edge
- Coinbase Wallet vs Edge
- Edge vs Electrum
- Edge vs Exodus
- Edge vs Guarda Wallet
- Edge vs MetaMask
- Edge vs Muun
- Edge vs Mycelium
- Edge vs Phoenix
- Edge vs Sparrow Wallet
- Edge vs Trust Wallet
- Edge vs Wallet of Satoshi
- Edge vs Wasabi Wallet
- Aqua vs Zengo
- Atomic Wallet vs Zengo
- Bitcoin Core vs Zengo
- Blockstream Green vs Zengo
- BlueWallet vs Zengo
- Cake Wallet vs Zengo
- Coinbase Wallet vs Zengo
- Electrum vs Zengo
- Exodus vs Zengo
- Guarda Wallet vs Zengo
- MetaMask vs Zengo
- Muun vs Zengo
- Mycelium vs Zengo
- Phoenix vs Zengo
- Sparrow Wallet vs Zengo
- Trust Wallet vs Zengo
- Wallet of Satoshi vs Zengo
- Wasabi Wallet vs Zengo
