Last Update: 22 November 2024
Welcome to Coincrowd! We respect your privacy and are committed to protecting your personal data. This Privacy Policy outlines how we collect, use, disclose, and protect your personal information when you use Coincrowd’s services, including our crypto wallet, market data, news platform, and social login features. It also details your privacy rights and how applicable laws protect you.
This Privacy Policy applies to all users of Coincrowd’s website, mobile application, and services (collectively, “Platform”). Coincrowd complies with the General Data Protection Regulation (GDPR) and relevant UAE laws to ensure your data is handled securely.
Our services are not intended for individuals under 18. We do not knowingly collect personal data from minors.
We may collect and process the following categories of personal data:
Identity Data: Name, username, date of birth, nationality.
Contact Data: Email address, phone number.
Wallet Data: Public wallet address, transaction history, balance details.
Technical Data: IP address, device type, browser type, time zone settings, and app activity logs.
Profile Data: User preferences, interests, and engagement with Platform features.
Usage Data: Interaction details with our services, including news articles viewed and social features used.
Marketing Data: Your preferences for receiving communications from us.
We collect your data through several channels to provide, improve, and personalize our services. Below is an overview of how we gather your personal information:
Direct Interactions
You may provide data to us directly in the following ways:
• Account Creation: When you register for a CoinCROWD account, you provide personal details such as your name, email address, and contact information.
• Profile Updates: Information you update in your profile, such as preferences and account settings.
• Customer Support: Data shared when you contact our support team, whether through email, chat, or in-app messaging. This may include details about issues you face, feedback, or additional data necessary for troubleshooting.
• Surveys and Feedback: Participation in surveys or providing feedback helps us understand your needs and improve our services.
• Competitions and Promotions: When you participate in any contests, promotions, or giveaways hosted by CoinCROWD.
Automated Technologies
Third Parties
Certain third-party services and integrations provide us with data:
• Blockchain Interactions: Data from public blockchains, such as wallet addresses, transaction histories, and balances, are retrieved to deliver wallet and market data services.
• Social Login Providers: If you use social login features to access Coincrowd, the provider may share basic information with us, such as your name, email address, and profile picture, depending on your settings with the provider.
• Analytics Services: External analytics platforms provide insights into how users engage with our platform, including user demographics and behavior.
• Marketing and Referral Programs: If you interact with our platform through a referral link or marketing campaign, the referring party or marketing partner may provide us with data about the interaction.
We process your personal data to ensure the seamless delivery of our services, improve your experience, and comply with regulatory requirements. Below are the purposes for which we use your data, along with specific examples:
• Facilitate account creation, manage your profile, and authenticate access to your account.
• Deliver core functionalities, such as crypto wallet services, market data, news feeds, and social login integrations.
• Tailor the platform to your preferences, such as displaying relevant market insights and customizing news feeds based on your interests.
• Process your transactions and provide accurate updates on wallet balances and transaction histories.
• Anti-Money Laundering (AML) Checks: Verifying your identity to prevent unlawful activities such as money laundering or terrorist financing.
• Know Your Customer (KYC) Requirements: Collecting and verifying identity documents to ensure compliance with financial regulations.
• Transaction Monitoring: Tracking wallet activities for suspicious patterns or prohibited transactions as required by law.
• Responding to Legal Requests: Sharing data with regulators or law enforcement agencies when required under UAE law or other applicable regulations.
• Identify areas for improvement in the user interface and app performance.
• Analyze trends in user behavior to optimize feature usage and app efficiency.
• Ensure platform reliability through diagnostics, crash reports, and technical data analysis.
• Conduct usability testing and A/B experiments to refine new features and functionalities.
• New features, updates, and services launched on the platform.
• Relevant crypto news, trends, and market insights tailored to your interests.
• Exclusive offers, promotions, and events related to Coincrowd.
• Referral and loyalty programs. You can opt out of marketing communications at any time through your account settings or by contacting us.
• Detect and prevent unauthorized access to accounts or data breaches.
• Monitor and block fraudulent activities, including phishing and account takeovers.
• Implement security measures, such as two-factor authentication (2FA) and encryption.
• Investigate and resolve suspicious activity flagged during regular monitoring.
In accordance with the General Data Protection Regulation (GDPR) and applicable UAE regulations, we process your personal data only when we have a valid legal basis to do so. These bases ensure that your data is handled lawfully, fairly, and transparently. Below are the legal grounds for processing your data:
• Creating and managing your CoinCROWD account.
• Providing requested services, such as access to your crypto wallet, market data, or news feeds.
• Facilitating transactions through the wallet or other platform functionalities.
• Handling support requests or inquiries related to your account or platform services.
Without this data, we cannot effectively provide the services you request.
• Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) Regulations: Verifying identities and monitoring transactions to prevent illegal activities.
• Tax and Reporting Obligations: Complying with tax laws and providing reports to authorities as needed.
• Law Enforcement Requests: Sharing data with regulatory or law enforcement agencies when mandated by legal authorities, such as in cases of fraud or other criminal investigations.
Our compliance with these legal obligations is mandatory for the operation of Coincrowd in the UAE and internationally.
• Enhancing User Experience: Analyzing usage patterns to improve our platform’s functionality, reliability, and user interface.
• Security Measures: Protecting our platform and users from fraud, unauthorized access, and data breaches.
• Business Development: Studying market trends and user behavior to inform strategic decisions and grow our business.
• Customer Support: Resolving user inquiries efficiently and maintaining service quality.
We carefully evaluate these interests to ensure they align with your expectations and rights.
• Sending marketing communications, newsletters, or promotional offers.
• Using cookies or other tracking technologies for personalized advertising or analytics (subject to applicable laws).
• Processing data for optional features, such as enabling social logins or integrating third-party services.
You have the right to withdraw your consent at any time by updating your preferences in your account settings or contacting us.
To deliver CoinCROWD’s services effectively, securely, and in compliance with legal requirements, we may share your personal data with select third parties. Below, we detail the circumstances and entities with whom your data may be shared: