Privacy Policy
This Privacy Policy explains how Vebit collects, uses, processes, discloses, shares, transfers, and protects your personal information obtained through Vebit and its partners. “We” refers to Vebit. We collect personal information as required by applicable laws, regulations, governmental directives, or our legitimate business needs. You have the right to decide whether to provide non-essential information; however, failure to provide such information may limit access to certain features or services.
Please read this Privacy Policy carefully. By accessing Vebit, regardless of whether you register or log in, you acknowledge, understand, and agree to all terms herein. If your information is to be used for purposes not covered by this Policy or our Terms of Service (including other Vebit business rules), we will notify you in advance and obtain your consent.
For operations within the European Economic Area (EEA), we comply with the General Data Protection Regulation (GDPR). We utilize Standard Contractual Clauses (SCCs), rely on adequacy decisions by the European Commission (where applicable), and transfer data to third countries in accordance with applicable laws and with your consent.
1. Information We Collect
1.1 Registration Information
When registering a Vebit account, you are required to provide identity-related information including email address, full name, date of birth, nationality, country code, gender, signature, and password (“Identity Information”). To enhance account security, you may enable two-factor authentication (2FA) via SMS or Google Authenticator. Enabling SMS verification requires a phone number; enabling Google authentication requires a Google account.
1.2 Regulatory Compliance Information
To comply with global and local regulatory requirements, including Anti-Money Laundering (AML), Know Your Customer (KYC), and Counter-Terrorist Financing (CTF), we are required to collect additional personal data such as identification documents (e.g., passport, national ID, visa information) (“Regulatory Information”) before or during the use of certain services (e.g., digital asset trading). We will specify the required information at the time of collection and may update requirements in accordance with regulatory changes. This applies to both individual and institutional accounts.
1.3 Information Collected During Service Use
1.3.1 Service Usage Data
We collect and monitor data including, but not limited to: phone number, access timestamps, device type and identifiers, operating system, browser details, SIM and network operator, IP address, GPS data, base station data, and WLAN information (“Service Usage Information”). This data may be collected directly or via third-party service providers and is used to ensure platform compatibility and support security investigations.
1.3.2 Transaction Data
We collect transaction-related data for all accounts (“Transaction Information”), including but not limited to deposit records, account balances, trading history (e.g., order initiation, payment methods, pricing, volume, timestamps, withdrawals, authorizations), and order activity. This data is used to monitor suspicious activities, prevent fraud, and support legal compliance.
1.3.3 Communication Data
We may collect and use any communications exchanged with us or generated through the use of Vebit services (“Communication Information”), including:
1. Messages, requests, or inquiries sent to Vebit 2. Communications and attachments exchanged with other users
1.3.4 Financial Information
We may collect financial-related data including bank account details, transaction history, and tax identifiers. This data is used for fraud detection, compliance monitoring, and legal purposes.
2. How We Use Your Information
2.1 Service Provision and Maintenance
* To provide, maintain, and improve Vebit services (including transaction processing) * To verify user identity using cookies, IP data, and unique identifiers * Certain data is required to deliver services in compliance with legal obligations
2.2 User Protection
* To safeguard user accounts and profiles * To prevent spam, phishing, and DDoS attacks * To detect suspicious activities and prevent fraud
2.3 Legal and Regulatory Compliance
We process personal data to comply with legal obligations, government requirements, and legitimate interests, including protecting users and public interest. We do not disclose personal data to third parties without legal review or user consent, except as required by law.
2.4 Analytics and Product Development
We analyze data to improve user experience, optimize platform performance, and develop new features. Continuous monitoring helps identify and resolve system issues efficiently.
2.5 User Communications
We use personal data (e.g., phone number, email) to:
* Provide customer support * Send account, login, transaction, and security notifications All communications are securely stored for compliance and auditing purposes.
2.6 Enforcement of Terms
* To enforce Terms of Service and agreements * To investigate violations and disclose relevant data where necessary * To suspend or terminate accounts engaged in prohibited activities
2.7 Corporate Transactions
Personal data may be processed in the event of mergers, acquisitions, or other corporate transactions.
2.8 Referral and Commission Programs
We may share certain data (including identity and transaction information) with referrers for commission or incentive programs.
2.9 Other Purposes
We may process your data for other purposes with your explicit consent.
3. Marketing
3.1
We may send company updates, promotions, and product/service information. Data may be shared with third parties for marketing purposes.
3.2
You may opt out of marketing communications at any time by contacting: [Service@mail.Vebit.info](mailto:Service@mail.Vebit.info)
3.3
Important service-related notifications (e.g., policy updates) cannot be opted out of.
4. Data Storage and Security
We store your data securely using industry-standard encryption and safeguards, including:
* Physical controls (locked storage) * Electronic access controls * Personnel access restrictions and confidentiality obligations * Technical safeguards (SSL encryption, anonymization, access control) * Firewall protection
Despite these measures, absolute security cannot be guaranteed. We are not liable for data breaches caused by force majeure events (e.g., hacking, outages) to the maximum extent permitted by law.
If you suspect a data breach, please freeze your account and contact: [Service@mail.Vebit.info](mailto:Service@mail.Vebit.info)
AML/CFT Commitment
Vebit is committed to compliance and user protection. All users must complete KYC verification to prevent AML/CTF activities. We actively cooperate with regulators globally.
5. Data Transfer
Your data may be transferred or stored outside your jurisdiction without additional consent where necessary for:
* Data processing and service delivery * Contract fulfillment * Public interest * Legal rights protection * Legal or regulatory requirements
6. Cookies
6.1 What Are Cookies
Cookies are small data files stored on your device to collect standard internet log and behavioral data.
6.2 How We Use Cookies
* Maintain login sessions * Track preferences and usage behavior * Analyze performance via tools like Google Analytics
6.3 Types of Cookies
* Functional cookies (preferences, device settings) * Marketing cookies (behavior tracking, targeted ads)
6.4 Cookie Management
You can disable cookies in your browser settings; however, this may impact platform functionality.
7. Your Data Protection Rights
Subject to applicable laws, you have the right to:
* Access your data * Rectify inaccurate data * Request deletion * Restrict or object to processing * Data portability
8. Third-Party Websites
We are not responsible for the privacy practices of third-party platforms accessed via Vebit links.
9. Policy Updates
We may update this Privacy Policy without prior notice. Continued use of Vebit constitutes acceptance of the updated policy.
10. Contact Us
For inquiries or data protection requests: [https://vebit.io]