Privacy Policy

SHAOMACAO NETWORK FZC (hereinafter referred to as the "Company," "We," "Platform")

1. General Provisions

1.1. This Privacy Policy governs the collection, processing, and protection of Personal Data of Users of the SHAOMACAO NETWORK FZC Platform.

1.2. By registering on the Platform, the User voluntarily gives their informed consent to the processing of their data in accordance with this Policy.

2. Data We Collect

2.1. We collect exclusively profile (registration) data voluntarily provided by the User:

• First and Last Name (or pseudonym);
• Email address;
• Mobile phone number;
• Payment details (card numbers, bank account details) necessary to identify counterparties in a transaction;
• Identity document details (for voluntary verification purposes).

3. Purposes of Processing

• User identification within the system;
• Communication regarding the placement and execution of exchange orders;
• Prevention of fraudulent activities and enforcement of Platform rules.

4. Data Storage and Deletion

4.1. Personal Data is stored in encrypted form for the entire duration of the User's account existence.

4.2. Upon the User's initiation of the account deletion procedure, all data is automatically deleted within 72 hours, without the possibility of recovery.

5. Disclosure to Third Parties

5.1. We do not transfer your data to third parties, except as required by the laws of the UAE or the User's country of residence, or upon official requests from authorized government authorities.

6. Data Security

6.1. We implement appropriate technical and organizational measures to protect Personal Data against unauthorized access, alteration, disclosure, or destruction.

7. Contact Information

For any questions regarding this Privacy Policy, please contact us at: askme@shaomacao.com