CALA Investment: All you need to know in 2024

CALA Investment: All you need to know 

CALA Investment. Are you interested in trading or investing? I introduce to you CALA Trading Investment. We’ve carefully put together in this article all you need to know about CALA Investment, how it works, and the requirements.

CALA investment is a fraudulent auto trading website, that crashed on October 28th, 2022, causing significant distress for investors. A review of the platform before the crash reveals obvious signs of a scam.

An Overview of Cala Investment

CALA is a technology company specializing in AI research and development, falsely claimed to have a headquarters in Armonk, New York, USA, to gain trust.

In addition, the company claimed to be an investment platform that facilitates auto trading, requiring investors to fund their Cala accounts and let Cala robots trade for them while receiving their returns.

How does Cala Investment work?

As earlier stated, the Cala investment platform primarily focuses on auto-crypto trading, allowing investors to register and purchase a Cala robot, which helps them trade and receive daily returns.

In this regard, the platform provides five different robot types at varying prices, with higher costs generating higher revenues, unlike Magmap Investment, which requires a different investment method.

Also, CALA’s platform utilizes blockchain and DeFi technology to access various investment methods, utilizing their robots to generate stable, long-term investment profits.

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What Is CALA?

CALA is a supposedly fraudulent crypto trading bot that claims to guarantee daily profits.

CALA Technology Company, based in the U.S. and Lagos, Nigeria, specializes in artificial intelligence research and development, as stated on bocalazer.com. CALA’s proposed idea is to utilize blockchain and DeFi technology to access various investment methods, thereby generating stable and long-term profits.

 How to Register on the Cala Investment Platform

The Cala website, which has crashed and is no longer accessible, was used by investors to register on a scam platform. But if you still want to register, you can follow the steps below.

  • First, visit their official website via www.sabrinascala.com
  • To register, visit the registration page, input your information, verify it, and submit your registration details.

Note that investors paid for a trading bot that scouts various exchanges to trade crypto at reasonable prices, ensuring they receive their ROI.

How To Withdraw On CALA Investment

  • First, login to your dashboard.
  • Click on Withdraw on the homepage.
  • Type in the amount you want to withdraw, and note that the minimum withdrawal amount is $5.
  • Make your choice of withdrawal method, either USDT or card.
  • Proceed by clicking confirm.
  • The money will drop into your account within 24 hours.

How To Add Your Withdrawal Details

  • To access the homepage, click on the human symbol located at the right bottom of your screen.
  • To access settings, click on the green shield in the top right corner of your screen with the settings symbol in the middle.
  • Then click on “My Bank Card.”
  • Please review the top right corner and click on “Add.”.
  • Choose your preferred withdrawal method.
  • To use USDT, navigate to Binance, copy your USDT wallet address, and paste it into the designated space.
  • If the option is Naira, ensure to provide your bank account details accurately.
  • Then confirm your transaction.

Cala Investment Contact Information

Contact Address: 8th Floor, Churchgate Towers, Cala Fintech Services Ltd:​ Plot Pc31, 2 Churchgate St, Victoria Island 101241, Lagos

Telephone: 0912 255 2252

Official Website: www.bocalazar.com

Is Cala Investment legit?

Yes, the Cala platform is a scam due to its crash, but it was already a hoax before it collapsed.

The platform lacks legal backing, indicating a potential scam. Trusting unapproved platforms in Nigeria is crucial, so it’s essential to avoid such scams.

The founder of Cala is unknown, and the scammers’ identities remain unknown. Negative reviews from users have criticized the robots as fraudulent.

Why CALA Is A Scam?

(a) No founder

First, how can a company that deals with money don’t have a founder? The lack of a founder on CALA’s website and other sources prevents accountability in case of any issues.

(b) compromised launch dates

The website shows CALA’s incorporation date as June 2019, but registration documents show it as 2022. Whois.com reveals that the two websites, bocalazer.com and sabrinascala.com, have different founding dates, dating back to 2006 and 2003 respectively.

(c) No legal backing

The documents posted to convince users of CALA’s legitimacy are not legal approvals but proof of attempts to register a business or name. Two Nigeria-based documents and two from Colorado are unclear, and none of them indicate CALA’s legitimacy.

(d) Shitcoin reward

On 04/11/2022, a platform offered a reward for registered users to receive YZZ tokens, which the system plans to scale for double earnings when trading. YZZ is not listed on Coinmarketcap but can be found on Pancakeswap and Uniswap. Users must convert YZZ tokens to USDT on https://libswap.com.

https://libswap.com only has YZZ, USDT, and LIB markets, indicating a red flag as LIB is not listed on Coinmarketcap, indicating a potential issue.

In Conclusion,

The Cala investment platform was a disaster, with many people overlooking fraudulent signs due to money. Research platforms thoroughly and be vigilant for red flags, especially regarding legal backing

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Author

  • Smith

    Meet Mr. Smith, a seasoned professional with a wealth of experience as an author and researcher at Recruitment Portfolio. With a passion for words and a keen eye for detail, Mr. Smith has become a cornerstone of our team, bringing a unique blend of creativity and analytical prowess to his work.

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