Privacy Policy
Effective Date: 16th October, 2024 Last Updated: 14th October, 2024
BETBTC ("WE," "OUR," "US," OR THE "PLATFORM") IS DEDICATED TO SAFEGUARDING YOUR PRIVACY. THIS PRIVACY POLICY OUTLINES HOW WE COLLECT, USE, DISCLOSE, AND PROTECT YOUR PERSONAL INFORMATION WHEN YOU USE BETBTC, INCLUDING ANY ASSOCIATED WEBSITES, APPLICATIONS, TOOLS, AND SERVICES. THIS POLICY APPLIES TO ALL USERS ("YOU," "YOUR") WHO INTERACT WITH THE PLATFORM, INCLUDING PARTICIPATING IN BETTING ACTIVITIES, CONDUCTING CRYPTOCURRENCY TRANSACTIONS, AND INTERACTING WITH BLOCKCHAIN-BASED SMART CONTRACTS. BY USING BETBTC, YOU CONSENT TO THE DATA PRACTICES OUTLINED BELOW.
1. Information We Collect
We collect various types of personal and non-personal information to provide our services and comply with legal obligations.
1.1 Personal Information
Personal information refers to any data that can be used to identify you as an individual. betBTC may collect the following personal information from you:
Profile Details: Including your uploaded profile photo, display name, and personal bio that you voluntarily provide.
Referral Information: If you use our referral program, we collect your referral link and related data to manage the referral process.
Transaction Information: We collect details related to deposits, withdrawals, betting activity, and any winnings or losses.
1.2 Non-Personal Information
Non-personal information includes aggregated or anonymized data that cannot be used to identify you. This information may be collected through cookies, log files, and similar technologies:
Usage Data: We collect data on your activity within the Platform, including betting patterns, page views, and engagement with specific features.
Geolocation: We may collect data on your general location based on your IP address for compliance and regulatory purposes.
2. How We Use Your Information
betBTC uses the information collected from you to:
Provide Core Services: We use your personal data to facilitate transactions, manage your bets, execute smart contracts, and enable participation in prediction markets.
Improve Platform Functionality: We analyze your usage patterns to optimize the user experience, improve the Platform's functionality, and develop new features.
Manage Transactions: Cryptocurrency transactions are recorded on public blockchains (e.g., ICP, Bitcoin), and we use your wallet information to process deposits, withdrawals, and transfers.
Compliance with Legal Obligations: We may use your data to comply with applicable laws, including anti-money laundering (AML) and counter-terrorist financing (CTF) regulations, where applicable.
Security and Fraud Prevention: We monitor transactions and betting activities for suspicious behavior and to safeguard your account and our Platform against unauthorized access.
3. Sharing and Disclosure of Information
We do not sell or share your personal information with third parties except as outlined below:
Blockchain Transactions: Information such as your public wallet address and transaction history may be visible on public blockchains (e.g., Bitcoin, ICP) as part of the transparency of the decentralised ledger system.
Compliance with Legal Requests: We may disclose your information to law enforcement agencies or regulators if required by law or to respond to legal requests such as subpoenas, court orders, or government investigations.
Business Transfers: In the event of a merger, acquisition, or sale of betBTC's assets, your personal data may be transferred to the acquiring entity.
4. Security of Your Information
betBTC implements advanced encryption protocols and multi-signature wallets to protect your data. All transactions processed on betBTC are stored on secure, decentralised blockchain networks, where your transaction history is immutable and cannot be altered once confirmed.
5. Cookies and Similar Tracking Technologies
We use cookies and similar technologies to track user activity and improve the functionality of our Platform. Cookies help us remember your preferences, track login sessions, and personalize content. You can manage your cookie preferences through your browser settings.
6. Third-Party Links and Applications
betBTC may integrate with third-party services and applications. These integrations may allow you to use Oracles, decentralized exchanges, or other external applications. Your interaction with these third-party services is subject to their privacy policies, and betBTC is not responsible for their content, security, or privacy practices.
We use Oracles within the Internet Computer Protocol (ICP) ecosystem to resolve market outcomes, gather external data, and verify bet resolutions. You agree that the accuracy of Oracle data is beyond the direct control of betBTC, and the outcome of any bets will be finalized based on this third-party information.
7. Your Rights and Choices
You have the following rights regarding your personal information:
Access and Correction: You may request access to the personal data we hold about you or ask us to correct any inaccurate or incomplete information.
Data Portability: You can request a copy of your personal data in a portable format for transfer to another platform or service.
Deletion: You may request that we delete your account. However, certain transactional records on the blockchain are immutable and cannot be deleted.
Opt-Out of Communications: You may unsubscribe from promotional emails and notifications at any time by following the opt-out instructions provided in our communications.
8. Data Retention
betBTC retains your data as long as necessary to fulfill the purposes outlined in this policy or to comply with legal obligations. Transaction records related to betting activities, deposits, and withdrawals may be retained for at least 5 years for audit, tax, and regulatory purposes.
9. Age Restrictions
The betBTC Platform is restricted to users who are at least 18 years of age. Users under the age of 18 are prohibited from creating an account or engaging in any betting activities on the Platform.
10. Changes to This Privacy Policy
We reserve the right to modify this Privacy Policy at any time. Any changes will be posted on this page with an updated "Last Updated" date. You are encouraged to review this Privacy Policy periodically for any updates.
11. Contact Information
If you have any questions, concerns, or requests regarding this Privacy Policy, please contact us at: Email: support@oranj.co.
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