VollyBit Privacy Policy
Our Commitment to Protecting Your Data
On this page
- Introduction & Scope
- Controller and Contact
- Data We Collect
- Sources of Personal Data
- Why We Use Data & Legal Bases
- Cookies & Tracking
- Who We Share Data With
- International Transfers
- Security Measures
- Data Retention
- Your Privacy Rights (GDPR/CCPA etc.)
- How to Exercise Your Rights
- Automated Decisions & Profiling
- Children’s Privacy
- Third‑Party Services & Links
- Changes to This Policy
- Complaints & Dispute Resolution
- Contact the DPO
This Privacy Policy explains how VollyBit (“VollyBit”, “we”, “our”, or “us”) collects, uses, discloses, and protects your information when you access or use our centralized cryptocurrency exchange, mobile applications, APIs, and related services (collectively, the “Services”). By using our Services, you acknowledge this Policy and, where required by law, provide your consent to our data practices.
This Policy applies to personal data we process about users, visitors, applicants, contractors, and other individuals interacting with the Services. It does not apply to non-VollyBit websites or services linked from our platform.
Important: Trading digital assets involves risk. This Policy describes our privacy practices; it is not investment, legal, or tax advice.
For purposes of applicable data protection laws, VollyBit is the controller of your personal data processed in connection with the Services, unless stated otherwise. We may act as a processor for certain enterprise or compliance integrations as contractually agreed.
- Legal Name: VollyBit [Insert Entity Details]
- Registered Address: [Insert Address and Jurisdiction]
- Data Protection Officer (DPO): privacy@vollybit.com
We collect the following categories of information, depending on your use of the Services and your jurisdiction:
Account & Identity
- Contact details: name, username, email, phone number
- KYC/KYB details: government IDs, selfies, live video, proof of address, date of birth
- Nationality, residency, tax status (as required by law)
Financial & Transactional
- Wallet addresses and on-chain activity associated with your account
- Payment instrument details (tokenized), billing information
- Deposits, withdrawals, orders, trades, funding, staking, rewards
Technical & Device
- IP address, device identifiers, OS/browser, app version
- Log data, diagnostics, crash reports, performance metrics
- Approximate geolocation and time zone
Usage & Preferences
- Cookie identifiers, analytics events, session information
- Marketing preferences and communication settings
- Support requests, surveys, and feedback
Where required, we will request your consent before collecting certain data.
- Directly from you when you create an account, complete KYC, transact, or contact support.
- Automatically collected via cookies, SDKs, and similar technologies.
- From third parties: payment providers, KYC/AML vendors, sanctions and PEP databases, analytics providers, chain analytics, and public blockchains.
- From publicly available sources where permitted by law.
We process personal data for the following purposes and under the corresponding legal bases (GDPR where applicable):
Service Delivery
- Account creation, authentication, 2FA, access control (Contract/Legitimate Interests)
- Order placement, matching, execution, settlement (Contract)
- Wallet management, deposits, withdrawals (Contract)
Compliance & Risk
- KYC/KYB, AML/CFT screening, sanctions checks (Legal Obligation/Public Interest)
- Fraud prevention, security monitoring, incident response (Legitimate Interests/Legal Obligation)
- Regulatory reporting, tax, bookkeeping (Legal Obligation)
Improvement & Communication
- Analytics, performance optimization, new features (Legitimate Interests/Consent)
- Customer support and service communications (Contract/Legitimate Interests)
- Marketing with opt-in/opt-out controls (Consent/Legitimate Interests as permitted)
Legal & Protection
- Enforcing terms, protecting rights, preventing abuse (Legitimate Interests)
- Responding to lawful requests and legal process (Legal Obligation)
We may transfer personal data to countries outside your jurisdiction. Where required, we use appropriate safeguards such as standard contractual clauses (SCCs), adequacy decisions, and technical/organizational measures to protect your information.
- Encryption in transit (TLS) and at rest for sensitive data
- Multi-factor authentication (2FA) and role-based access controls
- Network segmentation, firewalls, and continuous monitoring
- Vendor due diligence and contractual security obligations
- Security training, least-privilege principles, and code reviews
- Regular audits, vulnerability assessments, and incident response plans
No method of transmission or storage is 100% secure. We continuously improve our safeguards to mitigate risks.
We retain personal data for as long as necessary to fulfill the purposes outlined in this Policy, comply with legal and regulatory obligations, resolve disputes, and enforce agreements. For example, financial transaction data and KYC records may be retained for 5–10 years or as mandated by applicable law.
You may request deletion of data that we are not legally obligated to retain, subject to technical feasibility and safety considerations.
Depending on your location, you may have the following rights:
- Access: request confirmation and a copy of your data
- Rectification: correct inaccurate or incomplete data
- Deletion: request deletion of certain data, subject to legal obligations
- Portability: obtain your data in a structured, commonly used format
- Restriction/Objection: restrict or object to certain processing, including marketing
- Consent Withdrawal: withdraw consent at any time where processing is based on consent
- Appeal/Complaint: lodge a complaint with a supervisory authority
CCPA/CPRA: You may also have the right to opt-out of “selling” or “sharing” personal information for cross-context behavioral advertising as defined by California law.
- Use in-product privacy tools: access, download, and manage your data and settings
- Contact the DPO: privacy@vollybit.com
- Identity verification may be required to process your request
We will respond within required timeframes and explain any limitations due to legal obligations or security reasons.
We use automated tools in KYC/AML screening, fraud detection, transaction monitoring, and sanctions checks to protect our platform and comply with legal obligations. These tools may impact your ability to access certain features or complete transactions.
Where required by law, you have the right to request human review, express your point of view, and contest decisions that produce legal or similarly significant effects.
Our Services are not directed to individuals under the age of 18 (or the age of majority in your jurisdiction). We do not knowingly collect personal data from children. If you believe a child has provided us with personal data, please contact us so we can take appropriate action.
Our Services may contain links to third‑party websites, services, or integrations. We are not responsible for the privacy practices of those third parties. We encourage you to review their privacy policies before providing any information.
We may update this Privacy Policy from time to time. We will post the updated Policy with a new “Last updated” date and, where required, seek your consent or provide additional notice.
If you have concerns about our processing of your personal data, please contact us first so we can try to resolve your issue. You also have the right to lodge a complaint with your local supervisory authority where applicable.
Risk disclaimer: Digital asset markets are volatile. Privacy protections and regulatory obligations may affect certain features, transaction limits, or availability in your jurisdiction.
If you have questions, requests, or complaints regarding this Policy or your data, please contact our DPO:
- Email: support@vollybit.com
- Address: VollyBit Exchange, Burj Khalifa Blvd - Downtown Dubai - Dubai - United Arab Emirates