To provide You with Our services We may need (and sometimes are obliged by the law) to collect some of your personal data. This Privacy Policy (hereinafter the “Policy”) informs Users (a "User", "You") of Our policies regarding the processing of Personal Information We receive from Users of the Velacoin.pw (the "Technology Platform", "Us", "We", or "Our"). The Policy applies to Our Platform and all services we offer.

For the purpose of GDPR and/or any other Act that regulates this matter, We are the data controller and any inquiry regarding the collection or processing of Your data should be emailed to [email protected]

1. What Kind of Personal Information We Collect

1.1. While providing Our services We may collect the “Personal Information” which is defined as any information that identifies or can be used to identify, contact, or locate the person to whom such information pertains. Namely, we may collect:

1.1.1. Identity information: name, facial image, social security number, ID number, documents proving your identity and any other information they may contain.

1.1.2. Residential information: IP address, residence address, documents proving your residency and any other information they may contain.

1.1.3. Contact information: email address, mailing address, phone number.

1.1.4. Security information: alias.

1.1.5. Financial and billing information: number of bank accounts and names of banking institutions, identifiers in payment systems or other means of payment, information on your balance accounts, your trade history, incoming and outgoing wallet addresses.

1.1.6. Cookies: Cookies are files with small amount of data which may include an anonymous unique identifier. Cookies are sent to your browser from a website and stored on your device (the directory where your browser is stored). Tracking technologies also used are beacons, tags, and scripts to collect and track information and to improve and analyze our Service.

You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. You can also remove the cookies on your browser. However, if you do not accept cookies, you may not be able to use some portions of our Service.

Examples of Cookies we use:

  • Session Cookies: we store Session Cookies when a visitor opens and navigates through our website and these cookies are usually removed at the user leaves the site.
  • Persistent Cookies: we use Preference Cookies to remember your preferences and various settings. These cookies are not removed.
  • Secure Cookies: We use this setting to guarantee that the cookie is returned to the application over encrypted connections.

1.1.7. Your mobile devices that You use with Velacoin.pw may provide some information that may potentially identify You, such as the type (including identifiers) of the device, platform type, mobile phone number, Your internet service, operating system, geolocation information, browser You use, browser language, or the pages You visit, etc.

1.1.8. We may collect some of your behavior information, such as your Velacoin.pw visiting, clicking on ads or other similar information. Such information may be received with additional related data (or metadata), such as the time, date, and location related to such information.

1.1.9. Sometimes You decide to share with Us some other Personal Information and We may collect it as well.

2. How We Use Your Personal Information

2.1. We and Our eventual authorized partners store and use your Personal Information only for providing and improving the Technology Platform. In particular, we use Users' Personal Information for the following purposes:

2.1.1. To provide You the Services: We may use the information to execute your transaction requests and trade orders;

2.1.2. To comply with Our legal obligations: In many jurisdictions, we are obliged to collect certain information about Our Users to be authorized to act (Know Your Client and Anti-Money Laundering regulations);

We will actively prevent and take measures to guard against being used as a medium for money laundering activities and terrorism financing activities and any other activity that facilitates money laundering or the funding of terrorist or criminal activities.

To these ends:

  • The identities of all new and existing clients may be verified eventually to a reasonable level of certainty.
  • A risk-based approach may be taken eventually to the monitoring of client tax and accounting affairs.
  • Any suspicious activity will be reported, and all activities may be recorded.

2.1.3. To protect your assets: We may use the information to identify You and the assets belonging to You in order to secure access to your accounts and to prevent the fraud.

2.1.4. To improve customer service: information provided by Users helps Us respond to customer service requests more efficiently.

2.1.5. To personalize User experience: We may use information in a general manner to understand how Our Users as a group use the services and resources provided on Our Technology Platform.

2.1.6. To improve Our Technology Platform: We may use the feedback provided by Users to improve Our products and services.

2.1.7. To maintain Our Technology Platform: We may use the information Users provide about themselves when receiving a transaction request only to provide service to that request.

2.1.8. To send periodic emails: We may use the email address to send information and updates pertaining to your use of the transaction request.

2.1.9. To resolve disputes and enforce Our agreements to the extent necessary and sufficient for protecting your interests or interests of other Users.

2.2. We strictly follow industry best practices in the industry and adhere to the rules set forth in The General Data Protection Regulation (GDPR)

3. How We Can Share the Information

3.1. In certain situations, We may be required to disclose personal data in response to lawful requests by competent authorities, including to meet national security, public interests or law enforcement requirements. Our policies regarding the exchange of information with competent authorities are reflected in Our Transparency Policy.

3.2. We may disclose your Personal Information where required by law (e.g., to comply with a subpoena, warrant, court order, or legal process served on Velacoin.pw), and when We believe that disclosure is necessary to protect our rights, avoid litigation, protect your safety or the safety of others, investigate fraud, and/or respond to a government request.

3.3. We may share Personal Information with certain companies that perform services on our behalf on a need-to-know basis. We require any company with which We may share Personal Information to protect that data in a manner consistent with this policy and to limit the use of such Personal Information to the performance of the services for Velacoin.pw.

3.4. You agree that We may share and transfer your information which no longer identifies You to the third party (pseudonymization) who is a contracting party with Us, usually Our service providers or advertising partners.

4. For How Long We Retain your Personal Information

4.1. We will retain your information for as long as your account is active, your information is needed to provide You services, or as required to fulfill Our legal obligations.

4.2. By contacting Us at [email protected] You can at any time obtain the confirmation whether or not the personal data concerning You is being processed.

4.3. We reserve the right to take different measures of protection, which include but are not limited to a diversification of crypto assets in different allocations whether on a segregate record (account) or not.

5. How We Protect Your Information

5.1. We adopt appropriate data collection, storage, and processing practices and security measures to protect against unauthorized access, alteration, disclosure or destruction of your personal information, username, password, transaction information and data stored on Our Technology Platform.

5.2. Sensitive and private data exchange between the Technology Platform and its Users happens over an SSL-secured communication channel and is encrypted and protected with digital signatures. Our Technology Platform is functioning in compliance with PCI vulnerability standards in order to create an environment as secure as possible for Users.

5.3. Unfortunately, there is no such thing as completely secure data transmission or storage, so We cannot guarantee that Our security will not be breached (by technical measures or through violation of Our policies and procedures).

5.4. Without prejudice to Our efforts on protection of Your information, nothing herein constitutes a warranty of security of the Technology Platform, and You agree to transmit information at your own risk. Please note, that We do not guarantee that your information may not be accessed, disclosed, altered, or destroyed by breach of any of Our physical, technical, or managerial safeguards.

6. What Are Your Rights to Your Data

6.1. All your Personal Information We collect will always belong to You. However, We are a collector and a processor of your Personal Information. That implies on Us obligations to respect your rights to Personal Information and facilitate the exercise of your rights thereto. In order to use any of Your rights at any time please contact Us and We will facilitate the exercise of your rights free of charge. We will inform You on the actions taken by Us under your request as soon as practically possible, but in any case not later than in 30 (thirty) calendar days.

6.2. In accordance with effective regulations You have a significant number of rights related to your Personal Information, such as e.g.:

6.2.1. Right to access. You may obtain from Us the confirmation as to whether or not personal data concerning You is being processed and get access to such personal data.

6.2.2. Right to rectify your inaccurate Personal Information and to have incomplete personal data completed, including by means of providing a supplementary statement.

6.2.3. Right to erase your Personal Information. Please note that a request to erase your Personal Information will also terminate your account on the Site. We will automatically and without undue delay erase your Personal Information when it is no longer necessary in relation to the purposes for which it was collected or otherwise processed.

6.2.4. Right to restrict processing of your Personal Information.

6.2.5. Right to data portability. You may obtain from Us the personal data concerning You and which You have provided to Us and transmit it to another Personal Information Controller.

6.2.6. Right to object to the processing of your Personal Information.

6.2.7. Right to withdraw your consent to the usage of your Personal Information at any time.

6.2.8. Right to lodge a complaint. We take privacy concerns seriously. If You believe that We have not complied with this Privacy Policy with respect to your Personal Information, You may contact Us.

7. Children

7.1. We do not intend to solicit or collect Personal Information from anyone under the age of 16 or under the legal age of your country if it is higher. If You are under 16 or are not of the legal age of your country, do not enter any personal information on Our Technology Platform.

8. Changes to the Privacy Policy

8.1. Velacoin.pw has the discretion to update this Policy at any time. Your continued use of the service after We post any modifications to the Privacy Policy on this page will constitute your acknowledgment of the modifications and your consent to abide and be bound by the modified Privacy Policy.

8.2. If We make any material changes to this Privacy Policy, We will notify You either through the email address You have provided Us or by placing a prominent notice on the Technology Platform. You acknowledge and agree that it is your responsibility to review this Privacy Policy periodically and become aware of modifications.

9. Contacting Us

9.1. If You have any questions about this Privacy Policy, wish to exercise any of your rights to your Personal Information or file a complaint, please contact Us at:

E-mail: [email protected]

E-mail: [email protected]