ZenGo Crypto Wallet Now Supports Facebook’s Libra Testnet

ZenGo Crypto Wallet

The developers of ZenGo, a non-custodial keyless cryptocurrency wallet solution, announced that the crypto wallet now supports Facebook’s Libra testnet on On August 18th.

 

This is an Experiment With Libra

According to the announcement, now users “can send and receive Facebook’s new cryptocurrency, Libra, just like any other cryptocurrency in ZenGo.” The “testnet funds don’t hold any real value and are only for testing purposes.”

The post explains:

“If you would like to experiment with Libra, you can turn on Libra testnet from the Account tab in the wallet. Once you turn on the feature, make sure your wallet is backed up, and we’ll send you your first Libra. Facebook is developing its own wallet Calibra, but it’s not publicly available yet. When it does become available it will be a custodial wallet, meaning that Facebook will have full control over the funds stored in it. But that will not be the only option. That’s why we’re offering Libra in ZenGo a non-custodial that people will have the option to choose.”

ZenGo also warned that Libra’s testnet is still in the experimental phase which makes it possible to be periodically reset for maintenance and upgrades.

ZenGo app is only available on the iOS platform. The wallet also allows users to buy Bitcoin, Ethereum and Binance Coin with their credit cards or Apple Pay.

More Stories
Review: Nycmesh.net – Nycmesh, join, register, login, contact, website