Privacy Policy for CryptoBets
Last Updated: [Date]
Disclaimer: This Privacy Policy is a template. Privacy laws (such as GDPR, CCPA, and various gambling regulations) are complex. You must have this document reviewed by legal counsel.
CryptoBets ("we," "us," or "our") operates the website [Website URL] and associated mobile applications (collectively, the "Platform"). We are committed to protecting the privacy and security of your personal information.
This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our Platform to place bets, transact in cryptocurrency, or interact with our services.
1. Information We Collect
We collect information that identifies, relates to, describes, references, is capable of being associated with, or could reasonably be linked, directly or indirectly, with you ("Personal Information").
A. Information You Provide Directly
- Account Registration: Username, email address, password, and optional profile information.
- Identity Verification (KYC/AML): To comply with legal obligations, we may collect government-issued IDs, proof of address, and biometric data.
- Communication: Records of your interactions with our customer support team, including chat logs and emails.
B. Blockchain and Wallet Information
- Wallet Addresses: We collect your public cryptocurrency wallet addresses to facilitate deposits and withdrawals.
- Transaction Data: We monitor and store data regarding deposits, withdrawals, and wagers made on the Platform.
- Public Blockchain Data: Please be aware that transactions made on public blockchains (e.g., Bitcoin, Ethereum) are public and immutable. Your wallet address and transaction details are permanently recorded on the blockchain and are outside our control.
C. Information Collected Automatically
- Device and Usage Data: IP address, browser type, operating system, device identifiers, and interaction data.
- Cookies and Trackers: We use cookies to maintain your session, remember preferences, and analyze Platform usage.
2. How We Use Your Information
We use your information for the following business purposes:
- Service Provision: To process bets, execute transactions, manage your account, and provide customer support.
- Compliance: To fulfill legal obligations regarding Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations.
- Security: To detect and prevent fraud, unauthorized access, and bot activity.
- Improvement: To analyze user behavior and improve the functionality and user experience of the Platform.
3. Disclosure of Your Information
We do not sell your Personal Information. We may share your information with:
- Service Providers: Third-party vendors who assist with identity verification, payment processing, data analytics, and hosting.
- Legal Authorities: If required by law, court order, or governmental regulation.
- Business Transfers: In connection with any merger, sale of company assets, financing, or acquisition.
4. Blockchain Immutability & Privacy
Important Note: Due to the inherent nature of blockchain technology, we cannot alter or delete data that has been written to the blockchain. The "Right to be Forgotten" does not apply to data stored on the public blockchain.
5. Your Data Rights
Depending on your jurisdiction (e.g., GDPR, CCPA), you may have the following rights:
- Access: Request a copy of the Personal Information we hold about you.
- Rectification: Request correction of inaccurate or incomplete data.
- Deletion: Request deletion of your Personal Information from our centralized servers, subject to legal retention requirements.
- Portability: Request transfer of your data to another controller.
To exercise these rights, please contact us at [Privacy Email Address].
6. Data Retention
We retain your Personal Information only for as long as is necessary to fulfill the purposes set out in this policy. We are required by law to retain KYC and transaction records for a minimum period (typically 5–7 years) after account closure to comply with financial regulations.
7. Security of Your Information
We use administrative, technical, and physical security measures to help protect your Personal Information. However, no electronic transmission or storage is 100% secure. We cannot guarantee absolute security.
8. Age Restriction
The Platform is intended only for users who are 18 years of age or older. We do not knowingly collect data from minors. If we become aware that we have collected data from a minor, we will delete it immediately.
9. Changes to This Policy
We may update this Privacy Policy from time to time. The updated version will be indicated by an updated "Revised" date and will be effective as soon as it is accessible.
10. Contact Us
If you have questions or comments about this Privacy Policy, please contact us at:
- Company Name: [Legal Entity Name]
- Email: [Support/Privacy Email]
- Address: [Physical Mailing Address]