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use cobweb pay to buy bitcoin and tether in Australia

Amid much fanfare and anticipation CloudTech Group has finally come out with a release date for their highly touted CloudTechX Wallet.It is set to officially launch sometime in mid-September; the date will be confirmed as soon as all final tests are successfully run.

This entity was brought to life due to a lack of a real solution in the present Australian market for a secure storage of cryptocurrency funds which also enables swift withdrawals of holdings into AUD. At launch, CloudTechX wallet will offer multi-asset support for funds in the form of Bitcoin, Ethereum, Tether and Australian dollars- with more crypto currencies being onboarded later on.

Setting up a wallet is as streamlined as its user interface; download the app from the operating system of choice; available on both theApple App store and Google play store, create an account on it and add a government issued ID for KYC (know your customer) verification. Once verified, transfer over any crypto holdings, link a bank account and withdraw any of the holdings into AUD. Users engaging in the withdrawal service will receive realtime exchange rates of the specific crypto along with a flat 0.1% transaction fee. Another security feature is the enabling of a third-party coin tracking service which traces the transfer of funds from one account to the other and helps reduce the prevalence of illicit sources of funds.

CloudTechX wallet are officially licensed custodians of funds and the fact that the wallet exists off-chain ensures complete security for user data and especially user funds. Additionally,CloudTechX is a registered Digital Currency Exchange (DCE) with AUSTRAC which allows for the primary function of exchanging crypto to fiat and fiat to crypto.

A preview of the interface and supported cryptocurrencies.

Announcing a New, Improved Customer Service Experience!

Update Time: 18 July 2023

Dear Valued Clients,

At CobWeb Pay, we are always looking for innovative ways to better serve our customers. We believe that excellent customer service lies at the heart of a successful business relationship. With this in mind, we are thrilled to introduce our brand-new in-app customer service chat feature. Aspart of our commitment to improving user experience, this new chat feature has been designed to be more intuitive, more efficient and more responsive to your needs. You'll have all the information and assistance you need right at your fingertips, within our secure platform.

We understand that many of you have been interacting with us via our social media channels and we are grateful for your feedback. However, beginning 12 July 2023, we will be shifting all our customer service interactions to our new in-app chat platform. You can access it by simply clicking “Contact Us” in the user centre.

While we understand that this is a significant change, we are confident that this transition will allow us to deliver an even higher level of service. It's designed to be a seamless, user-friendly experience where you can easily raise queries, request support, get real-time updates and learn more about our FX and DCE services.

Here's what you can expect from the transition:

-       Easy Access: You will be able to reach out to us directly within the app, with no need to switch between different platforms.

-       Improved Response Times: Our team will be able to address your concerns faster and more efficiently.

-       Enhanced Security: This in-app chat feature offers more secure data handling and privacy measures, ensuring your information remains safe.

-       Comprehensive Support: Whether you need help with understanding our Forex services or you're facing technical issues, we're just a chat message away.

We appreciate your understanding and cooperation during this transition period. Your satisfaction is our top priority and we believe this change will lead to an even better customer service experience.

To start using this feature, please make sure you've updated to the latest version of our app. If you need any help with the transition or if you have any questions or concerns, please do not hesitate to contact us at info@cloudtechx.com.au or reach out via the in-app chat.

Thank you for your continued support and trust in CobWebPay. We look forward to serving you through our new in-app chat feature.


Best Regards,

CobWeb Pay Customer Service Team