This privacy statement explains how the Newdex OTC platform collects, uses, shares, and protects user information obtained through the platform portal. We collect information about individuals designated by users for reasonable legal and related specific needs. Users have the right to decide whether or not to provide non-essential information. The lack of necessary information may prevent you from using certain permissions.
Using the Newdex OTC platform and its services indicates that you have agreed to all the regulations in this article. We will continue to revise and improve this privacy policy in accordance with legal and personal data collection and changes in the way we use it. The revised announcement will be posted on the official website and we will notify you in advance and obtain your permission in case your information is used for other purposes not mentioned herein.
According to EEA (European Economic Area) Personal Information Processing Regulations, the latest privacy policy has been added to the key elements of the General Data Protection Regulation (GDPR).
The information we collect is as follows:
1, Information required for registration:
When registering for a Newdex OTC Platform Account, you will need to provide personal information including phone number, verification code, etc.
- Informationrequired verifyinguser's identity:
In order to comply with Anti-Money Laundering (AML), (ware of global industry regulatory standards, including users (Know Your Customer-KYC) and Counter-Terrorism Financing (CTF), we are required to collect user identification documents, which apply to all accounts on the Platform
- Using platform information
When users are using the platform, we will monitor and collect relevant data including but not limited to access date and time, device identification, operating system, browser and IP address. This information may be obtained directly by the Newdex OTC platform or a third-party service provider. Data collection is mainly for the system to ensure that our interface and presentation can adapt to all platform users, and also provide data support during survey.
- Transaction information
As far as all our users are concerned, the transaction information we collect includes but not limited to account balance, transaction records, deposits, withdrawals, orders, etc. Collecting this data is to monitor suspicious transactions, prevent user fraud, and assist in the adjudication of legal cases.
The information we collect is as follows:
- Protecting users
All information collected by the platform will be used to protect the platform, user accounts and files from spam and attacks of phishing and DDoS, analyze transaction activities in order to detect fraud and money laundering, and avoid abnormal flow of platform funds.
- Identifying users
The information collected is also used to maintain our services and for user verification. We use the IP address and unique identifier stored in your Cookie to verify your identity and provide services. Based on legal obligations and system requirements, we cannot provide services to you without any data such as identification, contact information and transaction related information.
- Compliancewith requirements of law and regulations
In the implementation of national regulations, government requirements and general user requests, the Newdex OTC Platform is based on the fundamental principle of respect for personal privacy and data security, and we do not disclose and provide personal information to third parties without the approval of the legal team and with the consent of the user (except in the case of judicial review).
- Product experience optimization
The platform technical team analyzes the website data to better understand the product experience, then analyzes the data for continuous experience optimization, and promptly resolves the various technical issues encountered during use.
- Communicationwith users
The platform collects user personal information such as phone number, etc., which is intended to help users solve problems, timely notify users login, transactions, account security and other related activities. If the user cannot verify identity before communication, we will not be able to respond to the user's request and questions in time, and all communications will be properly saved for use inside the Newdex OTC platform for review accuracy.
- Implementation ofother terms and agreements
The Platform prevents potential violations from users through ongoing reviews. In order to trade fairly and in the interest of our users, we carefully choose and enforce agreements with third parties and take into account all violations of the Platform User Regulations, General Rules and Privacy Policy, and the Newdex OTC Platform has the right to provide services for any user involved in activities that violates the Terms.
How to protect user's data:
In order to ensure the security of user information of the platform that not be lost, abused and tampered with, we have put in place a series of security measures, including but not limited to: Secure Socket Layer encryption technology, anonymity, internal data access restrictions and strict data encryption, etc., but the form of Internet electronic storage cannot guarantee 100% information security. Therefore, we suggest that you understand and take independent security protection measures to protect the security of your personal information.
If you suspect that personal information, especially account or password information, has been leaked, please freeze the account immediately and contact the official Support of Newdex OTC for related operations.
Contact us:
The Newdex OTC platform respects the freedom and legal rights of all users. If you have any questions or concerns about this privacy policy, please refer to our FAQ, or contact the official Wechat Support of Newdex OTC: newotc001.
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