MyAzaCash Review Is It Another Cryptocurrency Trading Scam?

Hello and a very warm welcome back. Today we are going to carry out a review on a company called MyAzaCash. Interesting name!

Have you come across this program? It was offered to me in an email so I thought I would check it out for suitability to invest in.

it’s great to see you here carrying out your due diligence that’s the best way of not being scammed!

Disclaimer. I am not affiliated or associated with MyAzaCash in any way. If you decide to join this program I will not be compensated in any way.

With that being said let’s dive in and find out more about this program:

Company name: MyAzaCash

Founded by: Paul Samson

Launched: February 2020

Program Type: online trading platform

Cost to Join: Unclear

Who is it suitable for: Answer at the end. Probably not recommended.

What is MyazaCash?

MyazaCash-review

MyAzaCash is an opportunity to invest in Crypto Mining & Forex Trading created for Nigerians.

It was devised because it was realized that there is a gap in the market of people who knew how to trade and mine effectively.

You can earn over 100% ROI and also get a referral bonus of 10% on every investor deal and purchase claims MyAzaCash. 

How Does MyazaCash Work?

MyAzacash is an online trading platform that ventures into Crypto mining and forex trading. What they do is they help their subscribed members trade online with their money.

When you join as a premium member, they promise you a 100% ROI and a 10% referral bonus.

This is what you can expect once you upgrade:

1. You will be required to log in daily to do a Forex trade forecast.

2. It is possible to withdraw your money at any point in the month.

3. The daily return on investment is subject to change because it is dependant on the FX market

4. A profit should be made within 15 days of investing

5. You will get your investment back in full if you don’t make a profit

How Does The MyazaCash Subscription Plan Work?

There are five pocket-friendly plans you can join on MyAzacash. 

 The prices of the subscription plans range from N10,000 to N50,000.  You are free to choose any one depending on your available capital.

 Each of the subscription plans reportedly comes with means-tested benefits.

 Below is a list of the packages, prices and rewards attached:

1. Trial Plan: Invest ₦1,000 (To Test out)

You can earn N80 daily – Over 100% ROI and a 10% Referral bonus

2. Average Plan: Invest ₦5,000

You can earn N350 daily – Over 100% ROI and a 10% Referral bonus

3. Standard Plan: invest ₦10,000

You can earn N700 daily – Over 100% ROI and a 10% Referral bonus

4. VIP Plan: invest ₦30,000

You can earn N2050 daily – Over 100% ROI and a 10% Referral bonus

5. Elite Plan: invest ₦50,000

You can earn N3500 daily – Over 100% ROI and a 10% Referral bonus

With all of these plans, it is possible to cash out your profits with the exception of the capital invested. The capital gets reinvested.

There will be a Transaction fee of N100 applied to every withdrawal.

Never invest more than you can afford to lose.

About The Owner Paul Sampson

Paul Sampson is a name you may have come across before he is a Nigerian entrepreneur, web marketer, and ICTC boss.

He was the founder of:

  • HIWAP
  • NNU
  • NNU version 2
  • Seeders hub

None of these exists any longer.

He is also the co-founder of Nairapromo which members have not been paid out from.

Is MyazaCash Registered?

In order for MyazaCash to carry out the ventures laid out, they have to be registered with the SEC.

Upon further inspection, NO such registration has been found.

What this means for investors is if they end up disappearing today or tomorrow your investment is gone down the swanny.

Pros Of MyazaCash

I could not find any good information about this company.

Cons Of MyazaCash

  • Not registered with the SEC
  • The owner has lots of failed programs before this one
  • They claim to mine bitcoins but that requires a huge capital layout to set up a mining rig and also costs a fortune to purchase a hashing machine.
  • If you go to their Facebook page you will see people demanding the money that has not been paid to them
  • You are promised a return on investment and then you are told you can only withdraw your profits and the original investment will be reinvested.
  • They claim to be professionals in Crypto mining and forex trading with a minimum of 5 years of experience but there is no proof of this.
  • Payments are often delayed and that’s blamed on the banking system and it is requested on a weekend.

Would I Recommend MyazaCash

After doing a lot of research for this post I have to say No I would not recommend MyazaCash.

In my opinion, there are too many red flags that would prevent me from joining or recommending that others invest in this program.

As with any kind of trading, there are no guarantees.

I just share the information that I have found through my research and the rest is up to you.

Are you reading this review because you are looking for a business opportunity to work online from home?

If your answer is yes then read on a little further!

Wealthy-Affiliate

How I Work Full-Time Online From Home

For many years I searched for a legitimate way to make money online. I knew it was possible and I just had to find it!

The search actually took me 6 long years and I got into some terrible programs in that time and spent absolutely thousands of dollars.

Last year I finally found exactly what I was looking for!

It’s called Wealthy Affiliate and as soon as I joined I felt completely at home.

I didn’t need any special skills and it was free to join, what did I have to lose.

Suitable for beginners and experienced marketers.

You can read my Wealthy Affiliate Review. Including the pros and cons.

The Reasons I Chose Affiliate Marketing

 I work In the world of Affiliate Marketing. There are many positive reasons for this:

  • You can start for free (with my #1 recommended program) If you want to build your own successful business it is best to upgrade to the premium membership.
  • There are no expensive tools or software to pay for
  • You can work on this a couple of hours a day in your spare time
  • You don’t need to make your own products
  • You will learn  all about SEO which is the organic and sustainable way of driving traffic to your site
  • No need to recruit others to join
  • You don’t need to be concerned with customer support
  • No special skills needed (which is good because I don’t have any 🙂
  • You can still earn from whatever you are writing today for many years to come, a truly passive income
  • No need to pay out for ads, unlike some programs.
  • Wealthy Affiliate has been around for 16 years

I Quit My Job

After starting with this training program 13 months ago and learning all I needed to know for a fraction of the money that some courses are charging I quit my hated day job at the 10-month mark.

Affiliate Marketing is a simple business model that just takes a lot of work to get started in the beginning because you are getting traffic organically as opposed to paying for it.

Now I spend my days writing reviews to stop innocent people like yourself from being scammed like I was!

We Have Super Affiliates In Our Community of over 1 million like-minded entrepreneurs

I work alongside Super Affiliates such as Littlemama, aka Grace. She started with this program with no experience and regularly posts affiliate commissions earned like this one:

This post just goes to show if you write a post today you can get paid out on it for many years to come as long as you keep the site running.

Look at the date, this was posted on 14th April 2021 and there are many more inside my number 1 recommendation which you can join for free today!

(If you want to make your new business work upgrade to the premium membership for $49 a month or $1.63 a day that’s less than a Starbucks!)

Thanks for supporting me to the end of this post I appreciate your time.

Have a question for me then please leave it in the comments below and I will get back to you as soon as humanly possible.

Did you get value from this post? If you did then please share it to help others. Thank you.

Lisa. Founder and CEO of mistakesbloggersmake.com

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