Privacy Policy

Last Updated: January 2025

1. Introduction

BIDA ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you visit our website and use our blockchain platform services.

By accessing or using BIDA services, you acknowledge that you have read, understood, and agree to be bound by this Privacy Policy. If you do not agree with the terms of this Privacy Policy, please do not access the platform.

2. Information We Collect

2.1 Personal Information

We may collect personal information that you voluntarily provide to us when you:

  • Register for an account
  • Complete KYC/AML verification procedures
  • Participate in token transactions
  • Subscribe to our newsletter
  • Contact our support team

2.2 Blockchain Data

As a blockchain-based platform, certain information is publicly available on the blockchain, including:

  • Wallet addresses
  • Transaction history
  • Token holdings
  • Smart contract interactions

2.3 Automatically Collected Information

We automatically collect certain information when you visit our platform:

  • IP address and location data
  • Browser type and version
  • Device information
  • Usage patterns and analytics
  • Cookies and similar tracking technologies

3. How We Use Your Information

We use the collected information for the following purposes:

  • To provide, operate, and maintain our platform services
  • To comply with KYC/AML and regulatory requirements
  • To process transactions and manage tokenization activities
  • To detect, prevent, and address fraud and security issues
  • To communicate with you about updates, security alerts, and support
  • To improve our platform and develop new features
  • To analyze usage patterns and optimize user experience
  • To comply with legal obligations and enforce our terms

4. Information Sharing and Disclosure

We do not sell your personal information. We may share your information in the following circumstances:

  • Regulatory Compliance: With government authorities, regulators, and law enforcement when required by law
  • Service Providers: With trusted third-party service providers who assist in platform operations (KYC providers, hosting services, analytics)
  • Business Transfers: In connection with mergers, acquisitions, or asset sales
  • Legal Protection: To protect our rights, property, or safety, and that of our users
  • With Your Consent: When you explicitly authorize us to share your information

5. Data Security

We implement industry-standard security measures to protect your information, including:

  • Encryption of sensitive data in transit and at rest
  • Regular security audits and penetration testing
  • Multi-factor authentication options
  • Secure smart contract architecture
  • Access controls and monitoring systems

However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security.

6. Your Rights and Choices

Depending on your jurisdiction, you may have the following rights:

  • Access: Request access to your personal information
  • Correction: Request correction of inaccurate information
  • Deletion: Request deletion of your information (subject to legal obligations)
  • Objection: Object to certain processing activities
  • Data Portability: Request transfer of your data
  • Withdraw Consent: Withdraw consent for data processing where applicable

Note: Blockchain transactions are immutable and cannot be deleted once recorded on-chain.

7. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. These countries may have different data protection laws. By using our platform, you consent to the transfer of your information to these countries. We ensure appropriate safeguards are in place to protect your information in accordance with this Privacy Policy.

8. Children's Privacy

Our platform is not intended for individuals under the age of 18. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us immediately, and we will take steps to delete such information.

9. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new Privacy Policy on this page and updating the "Last Updated" date. Your continued use of the platform after such modifications constitutes your acknowledgment and acceptance of the modified Privacy Policy.

10. Contact Us

If you have any questions, concerns, or requests regarding this Privacy Policy or our data practices, please contact us at:

Email: privacy@bida.finance
Website: https://bida.finance