Wazobia investment review (is Wazobia cash investment legit?)
Table of Contents
Wazobia investment review (is Wazobia cash investment legit?)
Read all about Wazobia cash investment in this Wazobia investment review.
Wazobia investment is a Nigerian online investment platform that promises its members over members over 25% ROI in just a few days.
According to the Wazobia cash investment website, their mission is to help people make money online and allow everyone to come together and support each other.
It was created in 2017, and has since been operating as a donation platform, which gives some percent of their member’s investment as profit.
In this Wazobia investment review, am going to be writing about most things you will need to know about the platform, as well as answering questions like “is Wazobia investment legit?”, “What is Wazobia investment?”, “How does Wazobia investment pay?”, “How does Wazobia cash work?” and more.
Remember to leave us a comment after you finish reading and also share with your friends on social media.
Let’s get into it then…
What is Wazobia Investment?
Wazobia investment is a Nigerian online investment platform that promises its members over members over 25% ROI in just a few days.
According to the Wazobia cash investment website, their mission is to help people make money online and allow everyone to come together and support each other.
It was created in 2017, and has since been operating as a donation platform, which gives some percent of their member’s investment as profit.
Wazobia investment is like most of the earning websites in Nigeria, which promise to pay its members after a significant amount of investment.
There are many red flags about Wazobia investment that makes investing with them a risk. Some of them include:
- The founders of the platform are not known.
- They have no physical address.
- No details about what type of investment they are into.
- They claim to have started in 2017, but their website was clearly registered in 2020.
How does Wazobia investment work?
There are four basic processes on Wazobia investment work:
- Registration
- Deposit
- Withdrawal
- Referral
After you register on Wazobia investment, you will need to make a minimum deposit of 10,000 naira. Wazobia investment will give you 50% on any investment that you make. i.e. If you invest 10,000 naira, you will get 5,000 naira profit.
You will have to reinvest on the platform up to 5 times before you can withdraw i.e. After you get 15,000 naira on your first investment, you will have to invest another 10,000 naira, which is the minimum investment amount.
When you invest up to five times you will get 75,000 naira, which is about 25% on your initial investment.
NOTE: You won’t be able to withdraw your earnings if you don’t reinvest. If you attempt to withdraw, you will be asked to recommit before they can process your withdrawal request.
Wazobia investment gives you 10% commission on each referrals first investment and 5% on other investments. i.e. If your referral invests 50,000 naira, you will earn 5,000 naira on first investment and 2,500 naira when the person reinvest the same amount of money.
Every time your referral makes deposit, you will be earning 10% of referral bonus. In addition, you’ll become a guider if you refer up to 10 active users.
NOTE: The minimum amount you can invest on Wazobia investment is 10,000 and the maximum is 1 million naira (you can also pay in bitcoin).
How to register on Wazobia investment?
If you want to register on Wazobia cash investment, you can do so by following the below instructions:
- Visit the Wazobia investment platform registration page.
- Input all the required details which include your phone number, email address, password and click on Sign Up.
- You will need to add your bank account details.
- Proceed and click on “activate my account” button.
- Once you click on the “Activate my account”, follow the steps to activate your account.
- You’ll have to state your request on the system by clicking the “Pay activation fee” button.
- You’ll be required to pay a one-time activation fee of 1,000 naira to another user on the system. This payment is to be made within 24 hours.
- You can make the payment through bank transfer, bank deposit or internet banking. The payment details of the Wazobia investment member will be shown in your dashboard.
- Click the “I’ve paid” button, so that the system will be notified that you have paid.
- You will have to call the user through the phone number given to you.
- Once your payment is confirmed, your account will be activated and you will be able to start investing.
Is Wazobia investment legit?
There are some red flags that has been seen in the Wazobia cash investment platform:
- The founders of the platform are not known.
- They have no physical address.
- No details about what type of investment they are into.
- They claim to have started in 2017, but their website was clearly registered in 2020.
The advice I will give to anyone who wants to invest in the platform, is to only invest money that they can afford to lose.
We have seen many platforms that promise to pay its members before, and many of them paid for a while only to crash later.
There is no significant evidence to show that this will not happen again, so it is best to be very careful.
Wazobia investment contact channels
If you want to get in touch with the Wazobia investment platform, you can do that via the following channels:
Whatsapp: +2349013801148
Telegram: t.me/wazobiainvestment
Facebook: fb.com/wazobiainvestment
Instagram: Instagram.om/wazobiainvestment
Frequently asked questions (FAQs)
Is Wazobia cash investment legit?
Wazobia investment is not particularly reliable, and there is no evidence to suggest that it will last.
Who owns Wazobia investment?
The owners of Wazobia investment are not known.
Conclusion
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