Privacy Policy

BuzzBit (referred to as "we", "our", "us" and “Company”) understands and respects your desire to maintain your privacy. It is our priority to maintain your privacy in all of your dealings with us, including through your use of the BuzzBit, all-in-one crypto insights mobile application (”App”), and BuzzBit website buzzbit.club (”Website”).

This Privacy Policy(“Policy”) is intended to explain how we and our related entities will collect your personal information and protect your privacy.

Unless indicated otherwise, this Privacy Policy does not apply to third party products or services or the practices of companies that we do not own or control, including other companies you might interact with on or through our services.

Our privacy practices are subject to applicable laws in the places in which we operate. This means that we engage in the practices described in this notice in a particular country or region only if permitted under the laws of those places. As a global business, we also comply with various jurisdiction-specific privacy provisions outlined in this Privacy Policy.

Collection of Information

(1) Personal information items to be collected

We may collect some or all of the following types of personal information:

information that you give us through your dealings with us;
information that we may collect from you; and
information that we may receive from you from other third party sources.

By agreeing to this Privacy Policy, you consent to the fact that you are aware that we are collecting your personal information and disclosing it as required by us and in accordance with any applicable laws in the places in which we operate.

You may choose not to provide some of the personal information described above. Please note, however, that some of our services require some personal information to operate, so if you choose not to provide the personal information necessary to operate and provide you with a particular service or feature of that service, you may not be able to use that service or feature.

(2) Method of collection

The Company collects the information of users in a way of the followings:

webpage, written form, telephone calling, e-mailing, tools for collection of created information
provided by partner companies.

Use of Information

We will process your information to provide you with the App features and functionality

We process your email, Facial Image Information, Back-up Email Information, and Transaction Information to operate the App and provide you with its features and functionality.

We use your Information to prevent fraud

We use your Facial Image Information, Back-up Email Information, Analytics Information, Inquiry Information and Device Information to confirm your identity and prevent fraud.

We will process your information to send you administrative notifications and Promotional Communications

We process your Initial Account Sign-up Information, Transaction Information and Analytics Information, to send you administrative notifications relating to the App and/or Website as well as promotional updates relating to BuzzBit (“Promotional Communications”). You can control your App notification settings and preferences through your mobile device setting.

You may also ‘opt-out’ of using your information for Promotional Communications at any time by sending an email to our support service at: info@buzzbit.club. By doing so, we will only delete your Information from our mailing list, while we will continue to process your Information submitted to us which is necessary to provide you with our services.

We will process your Information to develop and enhance our services

We process your Analytics Information to understand how users interact with the App and Website so that we can further develop and enhance our services.

We will process your information to provide technical or customer support

We process your email, Analytics Information and Support information to provide you with technical or customer support in response to inquiries on these topics.

We will process your information to respond to and handle your inquiry

We process your Inquiry Information to contact you about your inquiry and handle your inquiry.

Disclosure of Information

Except for the following cases, we will not disclose personal information with a third party:

We will share information with our service providers that are helping us to operate the App and Website

We will share your Information with our service providers who assist us with the internal operations of the App and Website. These companies are authorized to use your personal information only as necessary to provide these services to us and not for their own promotional purposes. We do not sell your personal information to third parties.

We will share your Information with competent authorities, if you violated any applicable law in connection with the App and Website

We will share your Information If you violated any applicable law, your Information will be shared with competent authorities and with third parties (such as legal counsels and advisors), for the purpose of handling of the violation.

We will share your Information if we are legally required to

We will share your Information If we are required to disclose your it by a judicial, governmental or regulatory authority.

Cookies

Our App and Website use "cookies". These cookies will allow our App and Website to remember who you are and to obtain information from you which allows us to deliver you a better and more customized service. As a result of our App and Website's use of cookies, we may collect information such as your IP address, online activity and your web browser details. Information that we will not collect or store includes your passwords or other sensitive information. We will use both persistent cookies, which could remain on your device until their expiration (which can be, in some cases, up to 10 years), and session cookies, which are temporary files removed from your device once your browser is closed. The types of cookies we may use include analytical and tracking cookies, which allow us to recognize and count the number of visitors and analyze use of the services, as well as to verify transactions, and advertising and re-targeting cookies, which allow us to generate appropriate advertising directed to you on our website as well as on the App. If you enabled cookies when accessing our App and Website, we will take this as consent to our use of cookies and other technologies mentioned in our Privacy Policy. Please note that you should also refer to our Terms of Use for further information on this issue.

Security and Data Retention

[1] User’s Right

The users or their legal representatives, as main agents of the information, may exercise the following rights regarding the collection, use and sharing of personal information by us:

exercise right to access to personal information;
make corrections or deletion;
make temporary suspension of treatment of personal information; or
request the withdrawal of their consent provided before

If, in order to exercise the above rights, users use the menu of 'amendment of member information of webpage or contact us by sending a document or e-mails, or using telephone to the company(or person in charge of management of personal information or a deputy), we will take measures without delay: Provided that we may reject the request of you only to the extent that there exists either proper cause as prescribed in the laws or equivalent cause.

[2] Security

BuzzBit regard the security of personal information of uses as very important. We constructs the following security measures to protect the users' personal information from any unauthorized access, release, use or modification.

Encryption of personal information
- Transmit users' personal information by using encrypted communication zone
- Store important information such as passwords after encrypting it

Countermeasures against hacking
- Install a system in the zone the external access to which is controlled so as to prevent leakage or damage of users' personal information by hacking or computer virus

Establish and execute internal management plan
Install and operate access control system
Take measures to prevent forging or alteration of access record

Minors

The App and Website are not directed to users under 18.

The App and Website are not intended for children under the age of 18. We do not knowingly or intentionally collect information about children who are under 13 years of age. IF YOU ARE UNDER THE AGE OF 13 YOU MAY NOT USE THE APP OR WEBSITE IN ANY WAY.

Changes of Policy

If we change this Policy, we will make efforts to proactively notify you of such changes.

From time to time, we may change this Policy, If we do so, we will make efforts to proactively notify you of such changes. In any event, check the latest version of the Privacy Policy.

Contact Us

Should you have any inquiries, complaints or suggestions, you may contact us at info@buzzbit.club. We will do our best to respond to your inquiry in a timely manner.

Last Update: January 2024.

Appendix of Privacy Protection Policy

<1> Lawful processing of personal information under GDPR

Processing personal information by the Company shall be lawful only if and to the extent that at least one of the following applies:

A user has given consent to the processing of his or her personal information.
Processing is necessary for the performance of a contract to which a user is party or in order to take steps at the request of a user prior to entering into a contract:
- Member management, identification, etc.
- Performance of a contract in relation to providing the services required by users, payment and settlement of fees, etc.

Processing is necessary for compliance with a legal obligation to which the Company is subject
- Compliance with relevant law, regulations, legal proceedings, requests by the government

Processing is necessary in order to protect the vital interests of users, or other natural persons
- Detection of, prevention of, and response to fraud, abuse, security risks, and technical issues that may harm users or other natural persons

Processing is necessary for the performance of a task carried out in the public interest or in the excise of official authority vested in the Company
Processing is necessary for the purposes of the legitimate interests pursued by the Company or by a third party (except where such interests are overridden by the interests or fundamental rights and freedoms of the data subject which require protection of personal data, in particular where the data subject is a child).

<2> User’s right when applying GDPR

The users or their legal representatives, as main agents of the information, may exercise the following rights regarding the collection, use and sharing of personal information by the Company:

The right to access to personal information;

The users or their legal representatives may access the information and check the records of the collection, use and sharing of the information under the applicable law.

The right to rectification;
- The users or their legal representatives may request to correct inaccurate or incomplete information.

The right to erasure;
- The users or their legal representatives may request the deletion of the information after the achievement of their purpose and the withdrawal of their consent.

The right to restriction of processing;
- The users or their legal representatives may make temporary suspension of treatment of personal information in case of the disputes over the accuracy of information and the legality of information treatment, or if necessary to retain the information.

The right to data portability
- The users or their legal representatives may request to provide or transfer the information.

The right to object
- The users or their legal representatives may suspend the treatment of personal information if the information is used for the purpose of direct marketing, reasonable interests, the exercise of official duties and authority, and research and statistics.

The right to automated individual decision-making, including profiling
- The users or their legal representatives may request to cease the automated treatment of personal information, including profiling, which has critical impact or cause legal effect on them.

If, in order to exercise the above rightss, you, as an user, use the menu of 'amendment of member information of webpage or contact the Company by sending a document or e-mails, or using telephone to the Company (person in charge of management of personal information or a deputy), the Company will take measures without delay: Provided that the Company may reject the request of you only to the extent that there exists either proper cause as prescribed in the laws or equivalent cause.

<3> Data transfer to other countries

Considering it engages in global businesses, the Company may provide the users' personal information to the companies located in other countries for the purpose as expressly stated in this Policy. For the places where the personal information is transmitted, retained or processed, the Company takes reasonable measures for protecting those personal information.

(If used in the US, additional security measures may be available) In addition, when the personal information obtained from the European Union or Switzerland is used or disclosed, the Company may have to comply with the US-EU Privacy Shield and Swiss-US Privacy Shield, take other measures or obtain consent from users so far as those complies with the regulations of EU so as to use a standardized agreement provision approved by executing organizations of EU or securing proper safe measures.

<4> 3rd party's sites and services

The website, product or service of the Company may include the links to the ones of a 3rd party and the privacy protection policy of the site of 3rd party may be different. Thus, it is required for the users to check additionally that policy of a 3rd party site linked to the site of the Company.

<5> Guide for users residing in California

If the user resides in California, certain rights may be given. The Company prepare preventive measures necessary for protecting personal information of members so that the Company can comply with online privacy protection laws of California.

In case of leakage of personal information, an user may request the Company to check the leakage. In addition, all the users in the website of the Company, can modify their information at any time by using the menu for changing information by connecting their personal account.

Moreover, the Company does not trace the visitors of its website nor use any signals for 'tracing prevent'. The Company will not collect and provide any personal identification information through ad services without consent of users.

<6> Guide for users residing in Korea

The Company guides several additional matters to be disclosed as required by the information network laws and personal information protection laws in the Republic of Korea as follows:

(1) Information collected

The items collected by the Company are as follows:

Required information

Optional items

The user may reject the collection and use of optional items and, even in case of rejection, there is no limit on use of services.

Additional procedure for collection of sensitive information

If collection of sensitive information is indispensable, the Company may collect it by going through lawful procedure in accordance with relevant laws and regulations. The sensitive information which may be collected by the Company is as follows:

Thoughts and belief
Membership of and withdrawal from labor union or political party
Political opinions
Information of health and sexual life
Genetic information obtained from the result of gene test
Information of criminal record including announcement, exemption and suspension of sentences, care and custody, protective custody, treatment and custody, probation, lapse of suspension of sentence and cancellation of suspension of execution.

(2) Commission for collected personal information

For carrying out services, the Company commissions external professional companies (subcontractors) to process personal information as follows. This commissioned works for processing personal information is carried out by each subcontractor and service only if necessary for providing that service.

In commissioning process of personal information, in order to secure safety of personal information , the Company supervises and ensure to expressly state in the agreement with subcontractors so that those subcontractors will safely process personal information by strictly complying with directions regarding personal information protection, keeping personal information secret, not disclosing it to a 3rd party and being liable for accidents and returning or destructing personal information upon termination of the commission or process.

(3) Period for retention and use of personal information

In principle, the Company destructs personal information of users without delay when: the purpose of its collection and use has been achieved; the legal or management needs are satisfied; or users request: Provided that, if it is required to retain the information by relevant laws and 19 regulations, the Company will retain member information for certain period as designated by relevant laws and regulations. The information to be retained as required by relevant laws and regulations are as follows:

Record regarding contract or withdrawal of subscription: 5 years (The Act on Consumer Protection in Electronic Commerce)
Record on payment and supply of goods:5 years (The Act on Consumer Protection in Electronic Commerce)
Record on consumer complaint or dispute treatment: 3 years (The Act on Consumer Protection in Electronic Commerce)
Record on collection/process, and use of credit information: 3 years (The Act on Use and Protection of Credit Information)
Record on sign/advertisement: 6 months (The Act on Consumer Protection in Electronic Commerce)
Log record of users such as internet/data detecting the place of user connection: 3 months (The Protection of Communications Secrets Act)
Other data for checking communication facts: 12 months (The Protection of Communications Secrets Act)

(4) Procedure and method of destruction of personal information

In principle, the Company destructs the information immediately after the purposes of its collection and use have been achieved without delay: Provided that, if any information is to be retained as required by relevant laws and regulations, the Company retain it for the period as required by those laws and regulations before destruction and, in such event, the personal information which is stored and managed separately will never be used for other purposes. The Company destructs: hard copies of personal information by shredding with a pulverizer or incinerating it; and delete personal information stored in the form of electric file by using technological method making that information not restored.

(5) Technical, managerial and physical measures for protection of personal information

In order to prevent the loss, theft, leakage, alteration or damage of personal information of the users, the Company takes technical, managerial and physical measures for securing safety as follows:

(6) Staff responsible for managing personal information

The staff of the Company responsible for managing personal information is as follows:

Department responsible for managing personal information:

Name of Department : Development & Operation

Contact : info@buzzbit.club

Last Update: January 2024.