BAZONIX USER DATA PROTECTION POLICY

This document contains information on the principles of collection, storage, and processing of personal data when using the services of the Bazonix cryptocurrency platform (bazonix.com).

I. TERMS USED

When working with this Policy, we use the following concepts:

  1. "Bazonix Team" — specialists providing technical and administrative support for the platform, determining the strategy for processing user data.

  2. "User Data" — information that directly or indirectly allows the identification of a Bazonix client.

  3. "Data Processing" — a set of activities for systematizing, accumulating, storing, modifying, using, transferring, anonymizing, or destroying information about users.

  4. "Information Protection" — a combination of technical and organizational measures aimed at preventing unauthorized access to user data.

  5. "Client" — an individual or legal entity using Bazonix functionality to conduct operations with cryptocurrencies.

  6. "Network Identifier" — a numerical code assigned to a device when connecting to the internet.

II. BASIC PRINCIPLES

  1. Registration on the Bazonix platform and use of its functionality means the user's full and unconditional acceptance of the terms of this Policy.

  2. If the client disagrees with the provisions of the Policy, they must immediately stop using all Bazonix services.

  3. This Policy applies exclusively to the Bazonix platform. We do not control and are not responsible for data processing by third-party resources, links to which may be present on our platform.

  4. As part of countering financial crimes, the Bazonix Team has the right to conduct additional verification of users in accordance with international AML/KYC standards.

III. INFORMATION COLLECTION

  1. This Policy regulates the obligations of the Bazonix Team to ensure the security of data that the user provides when creating an account, verifying identity, and conducting cryptocurrency transactions.

  2. When interacting with the Bazonix platform, the user may provide:

    • Contact information (email, phone number)
    • Identification data (when passing KYC procedures)
    • Cryptocurrency addresses
    • Transaction information
    • IP addresses and device data

  3. All provided information is subject to strict protection and is not transferred to third parties, except for cases stipulated by legislation or specified in this Policy.

IV. DATA USAGE DIRECTIONS

The Bazonix Team collects and processes information for:

  1. Multi-level authentication of users and protection of their cryptocurrency assets.

  2. Providing access to trading tools and personal account.

  3. Providing technical support and information about the status of cryptocurrency transactions.

  4. Identifying and preventing suspicious operations as part of the global fight against money laundering.

  5. Compliance with regulatory requirements in the field of cryptocurrency regulation.

  6. Processing cryptocurrency exchanges and optimizing the platform's operation.

  7. Analysis of behavioral patterns to improve protection against fraudulent activities.

  8. Resolution of technical incidents and disputes during transactions.

  9. Research of user experience to improve interface and functionality.

  10. Distribution of important system notifications and, with consent, marketing materials.

V. PROCESSING TECHNOLOGIES

  1. Storage and processing of user information is carried out using advanced encryption technologies throughout the entire period of platform use.

  2. To ensure maximum protection of users, Bazonix integrates specialized solutions for transaction analysis and client verification within the framework of international standards for countering financial crimes.

  3. In accordance with regulatory requirements, certain categories of information may be provided to official regulators if there are legal grounds.

  4. Bazonix infrastructure is protected by multi-level security systems, including:

    • Data encryption during transmission and storage
    • Two-factor authentication
    • Regular security audits
    • Monitoring of suspicious activity 24/7

  5. We use a comprehensive approach to protecting user assets, including cold storage of cryptocurrencies and an isolated environment for critical operations.

VI. MUTUAL OBLIGATIONS

User responsibilities:

  1. Provide accurate and complete information during registration and verification on the platform.

  2. Promptly update personal data when they change.

  3. Cooperate with the Bazonix Team within the framework of identification procedures and fraud prevention.

  4. Follow security recommendations when working with the platform.

Bazonix Team responsibilities:

  1. Process user data exclusively for the purposes outlined in this Policy.

  2. Ensure information security using modern technological solutions.

  3. Limit access to personal data for Bazonix employees based on the principle of business necessity.

  4. Suspend data processing upon a justified request from the user.

VII. CONFLICT RESOLUTION

  1. If there are questions regarding the processing of personal data, the user should initially contact Bazonix support.

  2. All requests are considered within 30 calendar days, after which the user is provided with a detailed response.

  3. If it is impossible to reach a mutually acceptable solution, the dispute may be referred to the appropriate judicial authority.

  4. Legal relations between the Bazonix platform and its users are governed by the laws of the United Kingdom.

VIII. ADDITIONAL INFORMATION

  1. The Bazonix Team reserves the right to update the provisions of this Policy to comply with changing regulatory requirements and improve the security system.

  2. The updated version of the Policy is published on the platform and comes into effect from the moment of publication.

  3. Suggestions for improving the Policy and questions regarding data processing are accepted through the official Bazonix support channels.

  4. The Bazonix platform does not provide services to users from regions where the activities of cryptocurrency exchanges are restricted or prohibited by local legislation.

  5. The current version of the User Data Protection Policy is always available at: https://bazonix.com/en/docs/privacy-policy