Privacy Policy
Your privacy is important to us. Learn how we collect, use, and protect your information.
Last Updated: January 15, 2025
Bitlax Smart AI Technologies Inc. ("Bitlax Smart AI," "we," "us," or "our") respects your privacy and is committed to protecting your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our AI trading platform and related services.
1. Information We Collect
1.1 Personal Information
We collect personal information that you voluntarily provide to us when you:
- Register for an account
- Use our services
- Contact us for support
- Subscribe to our newsletter
- Participate in surveys or promotions
This information may include:
Category | Examples | Purpose |
---|---|---|
Identity Information | Full name, username, date of birth | Account creation and verification |
Contact Information | Email address, phone number, mailing address | Communication and support |
Financial Information | Investment preferences, trading history, portfolio data | Service provision and personalization |
Technical Information | IP address, browser type, device information | System optimization and security |
1.2 Automatically Collected Information
When you access our platform, we automatically collect certain information about your device and usage patterns:
- Device information (IP address, browser type, operating system)
- Usage data (pages visited, time spent, click patterns)
- Trading activity and system interactions
- Log files and cookies
1.3 Third-Party Information
We may receive information about you from third parties, including:
- Brokerage firms and financial institutions
- Identity verification services
- Market data providers
- Analytics and advertising partners
2. How We Use Your Information
We use your personal information for the following purposes:
2.1 Service Provision
- Provide and maintain our AI trading platform
- Execute trades and manage your portfolio
- Generate personalized trading strategies
- Provide market analysis and recommendations
2.2 Communication
- Send account notifications and trade confirmations
- Provide customer support
- Send marketing communications (with your consent)
- Notify you of system updates and changes
2.3 Legal and Compliance
- Comply with regulatory requirements
- Prevent fraud and ensure security
- Conduct identity verification
- Maintain records as required by law
2.4 Improvement and Analytics
- Analyze usage patterns to improve our services
- Develop new features and functionality
- Conduct research and analytics
- Optimize system performance
3. Information Sharing and Disclosure
We may share your personal information in the following circumstances:
3.1 Service Providers
We may share your information with trusted third-party service providers who assist us in operating our platform, including:
- Cloud hosting and data storage providers
- Payment processing companies
- Identity verification services
- Customer support platforms
- Analytics and marketing services
3.2 Business Partners
We may share information with our business partners, including:
- Brokerage firms for trade execution
- Market data providers
- Financial institutions for account verification
3.3 Legal Requirements
We may disclose your information when required by law or when we believe disclosure is necessary to:
- Comply with legal obligations
- Respond to legal process or government requests
- Protect our rights and property
- Prevent fraud or illegal activities
- Ensure user safety
3.4 Business Transfers
In the event of a merger, acquisition, or sale of assets, your personal information may be transferred to the acquiring entity.
4. Data Security
We implement robust security measures to protect your personal information:
4.1 Technical Safeguards
- 256-bit SSL encryption for data transmission
- AES-256 encryption for data storage
- Multi-factor authentication
- Regular security assessments and penetration testing
- Secure cloud infrastructure with AWS/Azure
4.2 Administrative Safeguards
- Employee background checks and security training
- Role-based access controls
- Regular security policy updates
- Incident response procedures
4.3 Physical Safeguards
- Secure data centers with 24/7 monitoring
- Biometric access controls
- Environmental controls and backup systems
5. Your Rights and Choices
Under Australian privacy laws, you have the following rights:
5.1 Access and Portability
You have the right to request access to your personal information and receive a copy in a structured, machine-readable format.
5.2 Correction
You can request corrections to inaccurate or incomplete personal information.
5.3 Deletion
You may request deletion of your personal information, subject to legal and regulatory requirements.
5.4 Restriction
You can request that we restrict the processing of your personal information in certain circumstances.
5.5 Marketing Communications
You can opt out of marketing communications at any time by:
- Clicking the unsubscribe link in emails
- Updating your account preferences
- Contacting our support team
6. Data Retention
We retain your personal information for as long as necessary to:
- Provide our services to you
- Comply with legal and regulatory requirements
- Resolve disputes and enforce agreements
- Maintain business records
Specific retention periods:
Data Type | Retention Period | Legal Basis |
---|---|---|
Account Information | 7 years after account closure | Regulatory requirements |
Trading Records | 7 years from trade date | Financial regulations |
Communication Records | 3 years from date | Business purposes |
Marketing Data | Until withdrawal of consent | Consent-based |
7. Cookies and Tracking Technologies
We use cookies and similar tracking technologies to enhance your experience:
7.1 Types of Cookies
- Essential Cookies: Required for platform functionality
- Performance Cookies: Help us analyze usage and improve performance
- Functional Cookies: Remember your preferences and settings
- Marketing Cookies: Used for targeted advertising (with consent)
7.2 Cookie Management
You can manage cookies through your browser settings or our cookie preference center. Note that disabling certain cookies may affect platform functionality.
8. International Transfers
Your personal information may be transferred to and processed in countries other than Australia. We ensure adequate protection through:
- Adequacy decisions by the Privacy Commissioner of Australia
- Standard contractual clauses
- Certification programs
- Other appropriate safeguards
9. Children's Privacy
Our services are not intended for 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 immediately.
10. Changes to This Privacy Policy
We may update this Privacy Policy periodically to reflect changes in our practices or applicable laws. We will notify you of material changes through:
- Email notifications
- Platform notifications
- Website announcements
11. Complaints and Contact Information
If you have concerns about our privacy practices, you can:
- Contact our Privacy Officer directly
- File a complaint with the Privacy Commissioner of Australia
- Seek resolution through our internal complaint process
Contact Our Privacy Officer
Email: [email protected]
Phone: +61 (412) 345 678
Address:
Bitlax Smart AI Technologies Inc.
17 and 20, 17/31 Queen St
Melbourne VIC 3000
Australia
Office of the Privacy Commissioner of Australia
Website: www.oaic.gov.au
Phone: 1-300-363-376