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Privacy Notice

This Privacy Notice outlines our dedication to safeguarding your privacy and the way we handle your personal information collected through our website coinbyte.com.au, mobile apps, email, or any information you provide directly to us. By submitting your personal information, you confirm that you have had an adequate opportunity to review this Privacy Notice and that you understand and agree to its terms.

1. What information do we collect and how we use it

1.1 We may collect personal information directly from you or from third parties.

1.2 We may collect such information when you: a. Register on our website or app; b. Communicate with us through correspondence, chats, emails, or share information with us from other social platforms, services, or websites; c. Interact with our sites, services, content, and advertisements.

1.3 Additionally, when you apply for a job or position with us, we may collect certain personal details (such as your name, contact information, work history, and relevant background checks) from recruitment consultants, former employers, or other sources who can provide information that helps us assess your suitability for a job offer or contract. This Privacy Notice does not apply to the management of employee records for current or former employees, as these are exempt from the Privacy Act.

When using CoinByte, you may provide us with the following personal information, which we may collect and use in accordance with this Privacy Notice and for the purposes outlined:

Type of DataKinds of information might be involvedWhy we collect and how we use it
Identity Data
  1. Your name, date of birth
  2. Australian or New Zealand Government related identifiers and identity documents
  3. Foreign government identifiers and identity documents
  1. To set up your account and enable you to use the Services
  2. To maintain comprehensive and accurate records
  3. To comply with our anti-money laundering and know your customer (KYC) obligations
Contact Data

This may include: address, email address, phone number, and date of birth.

  1. To create and manage your account
  2. For marketing and service updates
  3. To contact you with issues or queries
  4. To provide support and notifications regarding Terms, Policies, or platform changes
Financial Data
  1. Employment, income, assets, liabilities, sources of funds
  2. Bank or government statements for verification
  1. Process payments and transactions
  2. Manage service fees
  3. Recover outstanding amounts
Profile Data

Deposits, withdrawals, wallet addresses, and transaction history

  1. Operate and improve our services
  2. Develop new features and analytics
Behavioural Data
  1. Login failure, IP patterns, session anomalies
  2. Call recordings and user feedback logs
  1. Identify issues, bugs, or attacks
  2. Improve services and user experience
  3. Investigate complaints and feedback

1.4 If you choose not to provide us with your personal information, you are not obligated to do so; however, this may affect your ability to use our products and services. We reserve the right to update this Privacy Notice at any time. Any changes will take effect as soon as the revised policy is posted. If there are significant changes that may affect you, we may notify you via email or other means to ensure you are informed

2. Protecting Your Personal Information

2.1 We are committed to maintaining the relevance, reliability, accuracy, completeness, and timeliness of the personal information we hold. Our goal is to protect its privacy and security.

2.2 We only retain personal information for as long as it is reasonably necessary to fulfill the purpose for which it was collected or to comply with applicable legal or ethical requirements, such as reporting or document retention.

2.3 We store the personal information we collect in highly secure data centres operated by a third-party provider.

2.4 We manage access to your information with strong security protocols, including identity and access management, permissions, and security credentials. Only CoinByte employees who need access to personal information for customer support purposes are granted access. Access is protected with multi-factor authentication, and it is revoked when no longer needed.

3. Disclosure of Personal Information

3.1 When using our Services, we may need to share your personal information with the following types of third parties:

a. Our employees and affiliated companies. b. Third-party suppliers and service providers, including those involved in the operation of our websites or in providing products and services to you. c. Banks and financial institutions. d. Providers of fraud prevention and identity verification services. e. Professional advisers, brokers, and agents. f. Operators of payment systems (e.g., merchants processing card payments). g. Our current or potential agents, business partners, or collaborators. h. Sponsors or promoters of any competitions we organize through our services. i. Parties to whom our assets or businesses (or parts thereof) may be transferred. j. Specific third parties you have authorized to receive information held by us. k. Other entities, including government bodies, regulatory authorities, law enforcement agencies, or as required, authorized, or permitted by law.

3.2 Sometimes, we may send your information overseas, including to: a. service providers or third parties who store data or operate outside Australia (for example, we may use cloud storage to store the personal information we hold about you. The cloud storage and the IT servers may be located outside Australia); b. complete international transactions, such as currency exchanges; c. organizations we partner with to provide products and services; and d. comply with laws and help government or law enforcement agencies.

If we do this, we make sure there are appropriate privacy, data handling and security arrangements in place to protect your information.

4. Direct Marketing

Occasionally, we may use your personal information to send you about direct marketing communications and information about our Service, that we believe could be of interest or value to you. However, you can opt out by: a. Updating your communication preferences in your online account settings b. Contacting us using the details provided below. Please note that we may ask you to log into your CoinByte account or verify your identity before processing your request.

5. Accessing or correcting your personal information

5.1 Accessing Your Personal Information: Upon receiving your written request and sufficient information to identify the data, we will disclose to you the personal information we hold about you.

5.2 Correcting, Amending, or Deleting Personal Information: If we agree that any personal information we hold is inaccurate, irrelevant, outdated, or incomplete, we will correct, amend, or delete it. Additionally, you can update or delete certain personal information directly on our platform by logging into your CoinByte account and navigating to the settings section.

5.3 Retaining Historical Information: In some instances, to maintain the security and integrity of our platform, we may need to retain certain historical personal information that you have previously provided. If you deactivate your CoinByte account, we will mark it as "Deactivated" in our database, but retain your account information for a period of 7 years. This retention is essential to prevent fraud, ensuring that individuals attempting fraudulent activities cannot evade detection by simply closing their account and opening a new one.

5.4 Accessing or Correcting Information via Support: You can also request access to or correction of your personal information by submitting a support request through CoinByte's website.

5.5 No Charges for Access or Correction Requests: We do not charge you for submitting a request to access your personal information or for fulfilling a correction request.

5.6 Refusal of Access or Correction Requests: In some rare cases, we may need to refuse access to your personal information or decline a correction request. If this occurs, we will notify you as soon as possible, providing the reasons for the refusal.

6. Cookies

6.1 We may also use "cookies" or other similar tracking technologies on our website to monitor your usage and remember your preferences. Cookies are small files stored on your computer, TV, mobile phone, or other devices. They allow the entity that placed the cookie on your device to recognize you across different websites, services, devices, and browsing sessions. While you can disable cookies through your internet browser settings, please note that doing so may affect the functionality of our website and prevent it from working as intended.

6.2 In some cases, we may use cookies to collect data that could include personal information. For instance, if a cookie is associated with your account, the information gathered will be treated as personal information under the Privacy Act. Any personal information collected via cookies will be handled in the same way as all other personal information, as outlined in this Privacy Notice.

Our website may include links to third-party websites and apps. Please be aware that this Privacy Notice does not apply to those external sites or apps. We are not responsible for the privacy practices or policies of any third-party websites or apps. Before providing any personal information to those sites, we recommend reviewing their respective privacy policies.

8. Making a Complaint

If you believe we have violated the Privacy Act, or if you wish to file a complaint about how we have handled your personal information, you can reach out to us using the contact details provided in our platform. Please include your name, email address, and/or phone number, along with a clear description of your complaint. We will acknowledge receipt of your complaint and provide a response within a reasonable timeframe. If you are not satisfied with the resolution of your complaint, we will inform you of the additional steps you can take.

9. Contact us

For further information about our Privacy Notice, or to access or correct your personal information, or make a complaint, please contact us at [email protected] or inform us via Our Support Center.