Review: Legit Or Scam? [Truth Revealed]

You probably must have stumbled upon Another recent investment website in Nigeria. This article will conduct a comprehensive analysis, delving deep to uncover the truths surrounding the Wedsa platform.

There are lots of unanswered questions about this platform which we shall address in this article some include; is legit? When was launched? What is the minimum withdrawal amount on Will crash? What is the minimum investment amount on And so much more!

Note: We are not under any sponsorship/partnership deal from to write this review article. We simply carried out our research and penned down our findings. We do encourage you to carry out your own personal research where necessary.

We urge you to make use of the table of contents below to help you navigate through this article with relative ease. If you have any questions or contributions regarding the platform feel free to ask them in the comments section below. Without wasting more time, let’s begin!

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What Is

“The details regarding’s nature and operations lack concrete and compelling information. Nonetheless, based on their name and website design, it’s easy to speculate that this is a website associated with cryptocurrencies.” According to them:

About Us

Dynamic Technology Lab (hereinafter referred to as DTL) is a headquartered quantitative investment company in Singapore and dedicated to global financial markets.

As a licensed institution registered under the Monetary Authority of Singapore, the scale of funds under management the company has grown steadily since its founding in 2011. Its investment variations essentially covers all major asset classes, and always maintains a Sharpe ratio and a Sharpe ratio leading in the industry. rate of return Provides investors with impressive absolute returns consistent

The company has decided to enter the Nigerian market now.

Cryptocurrency prices are always fluctuating; therefore, experienced cryptocurrency traders rely on cryptocurrency market charts to make trading decisions. However, when currency prices crypto fluctuates wildly, it will be difficult to keep up, leading to missed opportunities and sometimes FOMO in the market. For traders trading multiple crypto assets and multiple currency exchanges crypto, lots of things This becomes very complex and continuous monitoring becomes a difficult task.

Our company’s smart robots will automatically collect data changes on each platform 24/7. Based on the fact that asset prices will fluctuate within a certain range, they can intelligently placing orders at different points in this range, buying low and selling high, and so on automatic completing crypto transactions Allows investors to profit from price fluctuations.” was Launched on the 12th of  November 2023. The domain name “” was registered on the 11th of November 2023 according to statistics from Whois domain checker. However, the name of the registrar (owners/founders) was concealed.

It’s rather very surprising and suspicious that Wedsa was launched just a day after the website was created/introduced on the internet.

With that settled, let’s quickly see how this platform works in order to understand how their investors or users are paid.

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How Does Work?

The process consists of four clear steps detailing how the investment platform works:

📍 Registration Process: Users register and establish a new account on Each user receives a free N500 sign up bonus.

📍 Investment: Users can choose from various investment plans available on Wedsa, ranging from a minimum cost of N10000 to a maximum of N5,000,000.

📍 Withdrawal Phase: Users can request withdrawals if they meet the minimum withdrawal threshold of N1000.

In essence, operates through a straightforward and uncomplicated process. However, the critical question remains – is a legitimate platform or merely a disguised scam? Let’s investigate.

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How To Register On

👉 CLICK HERE to proceed to the sign up page.

👉 Fill up the registration form with your required details including your phone number, login password, and captcha/verification code.

👉 Complete your registration by clicking on SIGN UP NOW.

👉 Congratulations 👏, you have successfully created your account. You will automatically be taken to your user dashboard which means you have successfully created your account.

Additionally you will be rewarded with a free N500 sign up bonus which is withdrawable as long as you have met the minimum withdrawal threshold.

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📍 INVEST NO.02: Price: N10000, 25% Daily return on investment. Duration: 30 days. 

📍INVEST NO.03: Price: N20000, 25% Daily return on investment. Duration: 30 days.

📍INVEST NO.04: Price: 50000, 25% Daily return on investment. Duration: 30 Days.

📍INVEST NO.05: Price: N100000, 25% Daily return on investment. Duration: 30 Days.

📍INVEST NO.06: Price: N500000, 25% Daily return on investment. Duration: 30 days.

📍INVEST NO.07: Price: N1000000, 25% Daily return on investment. Duration: 30 days.

📍INVEST NO.08: Price: N2000000, 25% Daily return on investment. Duration: 30 days.

📍INVEST NO.09: Price: N5000000, 25% Daily return on investment. Duration: 30 days.

How To Invest On

To purchase an investment plan on Wedsa, follow the steps below;

👉 Login to your Wedsa account.

👉 On the homepage click INVEST to access all investment plans.

👉  The minimum paid investment plan costs N10000 while the most expensive plan costs N5,000,000.

👉  To purchase an investment, click BUY PACKAGES. 

👉 Review and confirm your purchase on the Pop up tab by clicking CONFIRM.

👉 Your purchase will be processed automatically.

Congratulations 👏, you have purchased your first investment on platform. By default your earnings will be reflected on your dashboard after 24 hours of making your investment purchase.

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How To Recharge Your Account

👉 On your homepage click the RECHARGE  icon beside the earning balance.

👉 Input/select the amount of money you want to deposit and the refill channel on the next page.

👉 Click REFILL NOW to proceed.

👉 The minimum deposit amount is N10000.

👉 Copy the account details provided on the payment form and make a one time payment of the amount you wish to deposit on this platform. After successful payment click I HAVE PAID PAYMENT.

Congratulations 👏, you have successfully made your deposit on Wedsa. Your deposit will be reflected on your dashboard shortly after it has been verified by their admins.

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How To Make Money On Wedsa

The major way to make money on is by investing in their various investment plans. The least plan costs N10000 and earns N75000 after a period of 30 days. 

Users can also earn commissions via the Wedsa referral program. They offer up to tier 1 referral networks. You get paid a certain 30% of your tier 1 investment purchases. 


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How To Withdraw Earnings On

👉 Sign in to your account.

👉 On the homepage click the menu icon ACCOUNT below the screen.

👉 Click the WITHDRAW button as seen on the user profile page.

👉 Input the amount of money you want to withdraw under the section Marked WITHDRAWAL AMOUNT.

👉 Finalise your withdrawal by clicking WITHDRAW MONEY NOW below the screen.

And there you have it! You have successfully placed your first withdrawal on this platform.


1. Minimum withdrawal amount 1000₦

2. Withdrawal time: You can apply for withdrawal throughout the day

3. Our company sends orders to the bank from Monday to Sunday from 09:00 to 21:00

4. Before applying for withdrawal, please confirm whether the withdrawal account is correct.

5. A 6% handling fee will be charged for each withdrawal.

Withdrawals will be processed within 24 hours of your withdrawal request.

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Is Legit Or A Scam?

Despite the current successes with withdrawals, we have come to a conclusion that is not a legit website.

Wedsa possesses all major characteristics of a Ponzi scheme which we have outlined below.

There are many red flags on this platform which make it not pass for a genuine website, some of these facts we have detailed out below:

❌ The anonymous ownership of is the first indication of danger. No registrant information on Whois Domain checker software.

❌ will be a short lived platform.

❌ They are dependent heavily on referral based marketing for publicity and more investors.

❌ There are many similar sites like Wedsa that ended badly in the past.

❌ Not a real crypto enterprise.

These warning signs from Bhustle show that might not be safe. Even though it’s new, it might not stay around for long.

Therefore, if you still make up your mind to join the train ( ensure to do so with income you are ready and willing to lose at any given point in time.

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Final Verdict

Finally we urge interested people to only register on with money they are willing to lose. Always remember that as long as the missing items dictated in this article about Wedsa are not stipulated, it remains a ponzi scheme. Do ensure to thread wisely!

Also we have reviewed a lot of legitimate websites where you can earn money by working legitimately on the internet. CLICK HERE to access them for free.

Do ensure to join our community of over 1400+ subscribers on YouTube where we share the latest ways to earn money online. CLICK HERE to subscribe for free.

Kindly leave your questions, contributions or confusions in the comments box below, peace.


About Stefan C.

Focused On bringing you the best educational and finance related topics that will impact your life and the lives of millions.
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