How we protect your data
How we collect, use, and protect your personal information
Last updated: July 28, 2025
CoinWez is committed to protecting your privacy and personal information. This policy explains how we collect, use, and safeguard your data in compliance with applicable privacy laws and regulations.
1. Information we collect
- Name, email address, phone number
- Date of birth and government‑issued ID
- Address and proof of residence
- Financial information for compliance purposes
- Profile pictures and verification documents
- Device information and IP addresses
- Browser type and operating system
- Pages visited and time spent on the platform
- Transaction history and trading patterns
- Customer support interactions
- Cookies and similar tracking technologies
- Session data and authentication tokens
- API usage and performance metrics
- Security logs and access records
2. How we use your information
We use your personal information for the following purposes:
- Service provision: Creating and managing your account, processing transactions, and providing cryptocurrency investment services
- Compliance: Meeting Know Your Customer (KYC) and Anti‑Money Laundering (AML) regulatory requirements
- Security: Protecting your account from fraud, unauthorized access, and other security threats
- Communication: Sending important updates, security alerts, and customer support responses
- Improvement: Analyzing usage patterns to improve our platform and services
- Legal: Complying with legal obligations and responding to law enforcement requests
3. Information sharing and disclosure
We do not sell or rent your personal information to third parties. We may share your information in the following limited circumstances:
- Service providers: Third‑party vendors who help us operate our platform (payment processors, cloud storage, security services)
- Legal requirements: When required by law, court order, or regulatory authority
- Business transfers: In case of merger, acquisition, or sale of assets (with appropriate notice)
- Consent: When you explicitly consent to sharing your information
- Safety: To protect the rights, property, or safety of CoinWez, users, or the public
4. Data security
We implement industry‑standard security measures to protect your personal information:
- Encryption: All data is encrypted in transit using TLS 1.3 and at rest using AES‑256
- Access controls: Strict employee access controls and regular security audits
- Secure storage: Documents stored in secure cloud infrastructure with redundancy
- Monitoring: 24/7 security monitoring and intrusion detection systems
- Regular updates: Continuous security patches and vulnerability assessments
5. Your privacy rights
Depending on your jurisdiction, you may have the following rights regarding your personal information:
- Access: Request a copy of the personal information we hold about you
- Correction: Request correction of inaccurate or incomplete information
- Deletion: Request deletion of your personal information (subject to legal requirements)
- Portability: Request transfer of your data to another service provider
- Restriction: Request limitation of how we process your information
- Objection: Object to certain types of data processing
To exercise these rights, please contact us at privacy@coinwez.com.
6. Cookies and tracking technologies
We use cookies and similar technologies to enhance your experience:
- Essential cookies: Required for basic platform functionality and security
- Performance cookies: Help us understand how users interact with our platform
- Functional cookies: Remember your preferences and settings
- Security cookies: Detect suspicious activity and prevent fraud
You can manage cookie preferences through your browser settings, though disabling essential cookies may affect platform functionality.
7. Data retention
We retain your personal information for as long as necessary to provide our services and comply with legal obligations:
- Account information: For the duration of your account plus 7 years for compliance
- Transaction records: 7 years as required by financial regulations
- KYC documents: 5 years after account closure
- Communication logs: 3 years for customer service purposes
- Technical logs: 1 year for security and performance analysis
8. International data transfers
Your information may be transferred to and processed in countries other than your own. We ensure appropriate safeguards are in place:
- Adequacy decisions by regulatory authorities
- Standard contractual clauses approved by data protection authorities
- Certification schemes and codes of conduct
- Binding corporate rules for internal transfers
9. Children’s privacy
CoinWez is not intended for use by individuals under 18 years of age. We do not knowingly collect personal information from children. If we become aware that we have collected information from a child, we will take steps to delete it promptly.
10. Policy updates
We may update this Privacy Policy periodically to reflect changes in our practices, technology, or legal requirements. We will:
- Post the updated policy on our website
- Send email notifications for significant changes
- Update the “Last updated” date at the top
- Provide additional notice for material changes
Contact us about privacy
If you have any questions about this Privacy Policy or our data practices, please contact us:
- Privacy Officer: privacy@coinwez.com
- Data Protection: dpo@coinwez.com
- General Support: support@coinwez.com
- Address: CoinWez Privacy Team, 123 Crypto Street, Digital City, DC 12345
This Privacy Policy is effective as of July 28, 2025. Your privacy is important to us, and we are committed to protecting your personal information.