PRIVACY POLICY
1. Who We Are
2. What Data We Collect
3. How We Use Your Data
4. Legal Basis for Processing
5. Cookies and Tracking
6. Data Sharing and International Transfers
7. Data Retention
8. Your Rights
9. Data Security
10. Children’s Data
11. Automated Decision-Making and Profiling
12. Data Protection Contact
13. Changes to This Policy
14. Contact Us
Effective Date: April 18, 2025
BitFunded (“we”, “our”, or “us”) is committed to protecting your privacy. This Privacy Policy explains how we collect, use, share, and protect your personal data when you use our services or interact with our website https://www.bitfunded.com (“Website”).
This policy complies with:
– The UAE Federal Decree-Law No. 45 of 2021 on the Protection of Personal Data;
– The EU General Data Protection Regulation (GDPR), where applicable.
1. Who We Are
BitFunded is a company that provides cryptocurrency-based demo trading accounts and trading challenges. The company is registered in the United Arab Emirates, and operates globally.
2. What Data We Collect
We may collect the following categories of personal data:
– Identification data (name, email, country);
– Account and challenge activity (performance, trades, submissions);
– Payment information (processed via third-party providers);
– Device and browser information (IP address, OS, language);
– Communications (support inquiries, messages);
– Marketing preferences.
3. How We Use Your Data
We process your data for the following purposes:
– To register and manage your account;
– To operate trading challenges and manage Copy to Earn Program activities;
– To process payments and payouts;
– To provide customer support;
– To send service updates and marketing communications (where permitted);
– To comply with legal and regulatory obligations.
4. Legal Basis for Processing
Depending on your location, we process data on the basis of:
– Contract performance (e.g., access to the platform);
– Legal obligations (e.g., anti-money laundering);
– Legitimate interest (e.g., fraud prevention);
– Consent (e.g., marketing communications).
5. Cookies and Tracking
We use cookies and similar technologies to improve your experience and analyze platform usage. For full details, please see our separate Cookie Policy.
6. Data Sharing and International Transfers
We may share data with:
– Hosting and IT providers;
– Payment processors (e.g., Stripe);
– Analytics providers (e.g., Google);
– Legal or regulatory authorities where required.
Some data may be transferred to and stored in countries outside the UAE or EEA. In such cases, we ensure appropriate safeguards are in place, including Standard Contractual Clauses or equivalent legal mechanisms, in accordance with applicable data protection laws.
7. Data Retention
We retain data only for as long as necessary for the purpose for which it was collected, or to comply with legal obligations. After that, data is securely deleted or anonymized.
8. Your Rights
You may have the right to:
– Access, correct, or delete your data;
– Withdraw consent for marketing;
– Object to or restrict processing in certain cases;
– Lodge a complaint with a data protection authority.
To exercise these rights, contact: support@bitfunded.com
9. Data Security
We implement appropriate security measures to protect your data, including:
– SSL encryption;
– Access controls;
– Monitoring and logging;
– Regular system reviews.
10. Children’s Data
Our platform is not intended for individuals under the age of 18. We do not knowingly collect personal data from minors. If you believe a minor has provided data to us, please contact us immediately.
11. Automated Decision-Making and Profiling
BitFunded does not rely on fully automated decision-making processes that produce legal or significant effects on Users. If such features are introduced (e.g., performance-based profiling or eligibility assessments), Users will be informed and given the option to opt out or request human intervention.
12. Data Protection Contact
BitFunded has appointed privacy officers to oversee data protection compliance. You may contact them by writing to support@bitfunded.com for privacy-related inquiries.
13. Changes to This Policy
We may update this Privacy Policy to reflect changes in our practices or legal requirements. The updated version will be posted with a revised “Effective Date.”
14. Contact Us
If you have questions about this Privacy Policy or how we handle your data, contact us at:
Email: support@bitfunded.com