This policy explains what the Client may expect from Qbit and what Qbit need from the Client in relation to personal data provided by the Client. Please read this carefully as this policy is legally binding when the Client uses Qbit Services. Unless the context otherwise requires, each capitalized term used but not defined herein shall have the meaning ascribed to it in the General Terms and Conditions.For the purpose of the relevant data protection regulations, Hangzhou Qbit Network Technology Co., Ltd. (杭州趣比汇网络科技有限公司) shall be the “Data Controller” of the information hereunder. If there shall be any questions about how Qbit protects or use the data, please contact firstname.lastname@example.org.As Qbit Services shall be only used by business rather than individuals, in this Policy, by “your personal information” or “your personal data”, we mean the personal information and data provided by you of your executives, directors, employees, agents, or legal representative.
1. How do we protect your personal information.
1.1 We are serious about guarding the security of your personal information and use a secure server to store your personal information. All information you provide to us is stored on our secure servers.1.2 As you will know, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data during transmission, and any transmission is at your own risk. Once we have received your information, we will use strict procedures and security features to try to prevent unauthorized access.1.3 We restrict access of your personal information to those employees of Qbit who have a business reason for knowing such information. We continuously educate and train our employees about the importance of confidentiality and privacy of customer information. We maintain physical, electronic and procedural safeguards that comply with the relevant laws and regulations to protect your personal information from unauthorized access.
2. Information we may collect from you.
4. Uses made of the information
We use your information in the following ways:(a) to carry out our obligations relating to your contract with us and to provide you with the information, products and services;(b) to comply with any applicable legal and/or regulatory requirements;(c) to notify you about changes to Qbit Services;(d) as part of our efforts to keep Qbit Services safe and secure;(e) to administer Qbit Services and for internal operations, including troubleshooting, data analysis, testing, research, statistical and survey purposes;(f) to improve Qbit Services and to ensure that they are presented in the most effective manner;(g) to measure or understand the effectiveness of advertising we serve and to deliver relevant advertising to you;(h) to allow you to participate in interactive features of Qbit Services, when you choose to do so;(i) to provide you with information about other similar goods and services we offer;(j) to provide you, or permit selected third parties to provide you, with information about goods or services we feel may interest you; or(k) to combine information, we receive from other sources with the information you give to us and information we collect about you. We may use this information and the combined information for the purposes set out above (depending on the types of information we receive).
5. Disclosure of your information
5.1 We may share your information with selected third parties including:(a) affiliates, business partners, suppliers and sub-contractors for the performance and execution of any contract we enter into with them or you;(b) advertisers and advertising networks solely to select and serve relevant adverts to you and others; and(c) analytics and search engine providers that assist us in the improvement and optimization of our site; and(d) our group entities or subsidiaries - which can be found by clicking here.5.2 We may disclose your personal information to third parties:(d) in the event that we sell or buy any business or assets, in which case we may disclose your personal data to the prospective seller or buyer of such business or assets;(e) if we are under a duty to disclose or share your personal data in order to comply with any legal obligation, or in order to enforce or apply our Customer Agreement and other applicable agreements; or to protect the rights, property, or safety of Qbit, our customers, or others. This includes exchanging information with other companies and organizations for the purposes of fraud protection and credit risk reduction;(f) to assist us in conducting or co-operating in investigations of fraud or other illegal activity where we believe it is reasonable and appropriate to do so;(g) to prevent and detect fraud or crime;(h) in response to a subpoena, warrant, court order, or as otherwise required by law;(i) to assess financial and insurance risks;(j) to recover debt or in relation to your insolvency; and(k) to develop customer relationships, services and systems.5.3 We do not have a published list of all of the third parties with whom we share your data with, as this would be heavily dependent on your specific use of Qbit Services.
6. Where we store your personal data
7. Sharing your data outside of the EEA
7.1 In order to provide Qbit Services to you, it is sometimes necessary for us to transfer your data to the third parties through the border of Mainland China and/or the EEA. In these cases, we ensure that both ourselves and our partners take adequate and appropriate technical, physical and organizational security measures to protect your data. We also ensure we have appropriate contractual protections in place with these third parties.
8. Profiling and Automated Decision Making
8.1 We may use some instances of your data in order customize Qbit Services and the information we provide to you, and to address your needs - such as your country of address and transaction history. For example, if you frequently send funds from one particular currency to another, we may use this information to inform you of new product updates or features that may be useful for you. When we do this, we take all necessary measures to ensure that your privacy and security are protected - and we only use pseudonymized data where ever possible. This activity has no legal effect on you.
9. Data Retention
9.1 As a regulated financial institution, Qbit is required by law to store some of your personal and transactional data beyond the closure of your account with us. Your data is only accessed internally on a need-to-know basis, and it will only be accessed or processed if absolutely necessary.9.2 We will always delete data that is no longer required by a relevant law or jurisdiction in which we operate.9.3 Retention periods defined for the storage of your data can be found by clicking here.
10. Your Rights
10.1 You have the right to ask us not to contact you for marketing purposes by contacting us via the customer manager appointed by Qbit as shown on the Dashboard or at email@example.com You have the right to correct any personal information We hold on you that is inaccurate, incorrect, or out of date.10.3 You have the right to ask us to delete your data when it is no longer necessary, or no longer subject to a legal obligation to which Qbit is subject to.10.4 You have the right to transfer your personal data between data controllers, for example, to move your account details from one online platform to another.10.5 Qbit Services may, from time to time, contain links to and from the websites of our partner networks, advertisers and affiliates. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility for them. Please check these policies before you submit any personal data to these websites.
11. Access to Information
11.1 Subject to applicable laws, you may have the right to access information we held about you. Your right of access can be exercised in accordance with the relevant data protection legislation.
12. Changes to this Policy