Last updated July 3, 2020
Thank you for visiting https://www.bitfinex.com/ ("Site"). The Site is owned and operated by iFinex Inc. and its affiliates, BFXWW Inc. and BFXNA Inc. (together "Bitfinex", "we", "our", or "us" means iFinex Inc., BFXWW Inc., BFXNA Inc., Unus Sed Leo Limited, iFinex Financial Technologies Limited and Bitfinex Token Sales Inc.).
If you are accessing the Site from the US, the data controllers of your Personal Information are:
- iFinex Inc., a company which is registered in the BVI under company number 1 774 852 and using EU point of contact ORWL Avocats whose registered office is at 57, rue Réaumur, 75002, Paris, France;
- BFXNA Inc., a company which is registered in the BVI under company number 1 900848 030 and using EU point of contact ORWL Avocats whose registered office is at 57, rue Réaumur, 75002, Paris, France;
If you purchase a LEO token on the Site or if a LEO token is repurchased on the Site, the data controller of your data is:
- Unus Sed Leo Limited, a company which is registered in the BVI under company number 2102097 and using EU point of contact ORWL Avocats whose registered office is at 57, rue Réaumur, 75002, Paris, France.
If you are accessing the Site from outside the US, the data controllers of your data are:
- iFinex Inc., a company which is registered in the BVI under company number 1 774 852 and using EU point of contact ORWL Avocats whose registered office is at 57, rue Réaumur, 75002, Paris, France; and
- BFXWW Inc., a company which is registered in the BVI under company number 1 871 900 and using EU point of contact ORWL Avocats whose registered office is at 57, rue Réaumur, 75002, Paris, France.
If you are accessing the Derivative Site, in addition to the above mentioned data controllers, your data will also be controlled by iFinex Financial Technologies Limited. If you are accessing the Bitfinex Token Sales Site, in addition to the above mentioned data controllers, your data will also be controlled by Bitfinex Token Sales Inc.
What information do we collect?
1.1. Information you give us. This is information about you that you give us by:
- registering for a Bitfinex account;
- using the Support Centre on the Site; or
- corresponding with us by phone, e-mail or otherwise; or
- purchasing LEO tokens or LEO tokens being repurchased on the Site; or
- purchasing Digital Tokens on the Token Sales Site; or
- using the Bitfinex Pulse Service, including the information you provide when you create or update your user profile or the information you create, post or submit through the Bitfinex Pulse Service (such user profile, a “Bitfinex Pulse Bio” and such information created, posted or submitted through the Bitfinex Pulse Service, a “pulse”).
The Personal Information most often collected and maintained in a customer file includes customer identification, transaction history including records of payments made.
1.2. Information we collect about you. Each time you use the Services, we may automatically collect the following information, which may be considered to be Personal Information when combined with other information about you:
- technical information, including the Internet protocol (IP) address used to connect your computer or other device to the Internet, browser type and version, time zone setting, browser plug-in types and versions, operating system and platform; and
- information about your visit, including the dates and times you use the Site length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), methods used to browse away from the page, and any phone number used to call the contact phone number provided on our Site; and
- information about your usage patterns and behavior on the Bitfinex Pulse Services, including the pulses you have searched for, viewed, commented on or shared.
Similar to other websites, our Sites utilize browser cookies (small text files stored on a user’s web browser when you visit a website), web beacons and similar tracking technologies (collectively, “Cookies”) to collect and store certain information when you use, access, or interact with our services. Please refer to our cookies policy for more details which can be found at https://www.bitfinex.com/legal/cookies
Special categories of data.
We do not collect any special categories of Personal Information about you (this includes details about your race or ethnicity, religious or philosophical beliefs, sex life, sexual orientation, political opinions, trade union membership, information about your health and genetic and biometric data).
However, you may be required to send us information relevant to establishing your identity such as photographs and copies of your government issued photographic identification documents.
Information we may collect from third party sources
We may receive information about you from other sources, including: (i) third parties that help us update, expand, and analyze our records; prevent or detect fraud; process payments; or analyze your use of our Services, (ii) third parties with whom you choose to link with the Services through functionality we make available to you, such as your decision to link your Twitter account with the Bitfinex Pulse Services, in which case, we may obtain information such as the number of followers for display on your Bitfinex Pulse Bio and in connection with the pulses you create, post or submit through the Bitfinex Pulse Services, and (iii) third parties you are engaging with or with whom you have engaged to provide custody, settlement or execution services in connection with your access of the Services. Our Services may also include integrated content or links to content provided by third parties (such as live chat, social media content, plug-ins and applications). Additional third parties may include our affiliated entities.
Purposes for which we collect your Personal Information.
If you wish to transact on and use the Site or use the Services, Bitfinex will collect information about you for the purposes set out below.
Information you provide to us may be used to:
- 2.1. establish and maintain a responsible commercial relationship with you;
- 2.2. understand your needs and your eligibility for products and services;
- 2.3. inform you about trading and financing features;
- 2.4. provide information to you about developments and new products, including changes and enhancements to the Site;
- 2.5. develop, enhance, and market products and services, and provide products and services to you;
- 2.6. process billing and collection of any fees;
- 2.7. conduct surveys and get feedback from you;
- 2.8. deliver products and services to you;
- 2.9. provide you with news and other matters of general interest to you as a Bitfinex customer;
- 2.10. as we believe reasonably necessary, advisable or appropriate to comply with our legal or regulatory obligations and to respond to legal, regulatory, arbitration or government process or requests for information issued by government authorities or other third parties or to protect your, our, or others’ rights; and
- 2.11. when you purchase LEO tokens we may also use the information we collect to process your payment for those tokens, to respond to your enquiries or to any problems that may arise (such as difficulties in purchasing LEO tokens).
- 2.12. when you use the Bitfinex Pulse Service, we may also use the information we collect or that you provide to link with third party social media platforms (such as Twitter), to ensure that pulses meets our standards and guidelines, and to develop incentive and reward mechanisms to improve the quality of pulses.
- 2.13. Bitfinex and members of the Bitfinex group (including our affiliates and subsidiaries) may send marketing communications where you have agreed to us doing so. You can opt out of receiving marketing emails from us by following the instructions contained in any such message or by contacting us at any time (see Section 10 “Contact” below). Please note that even if you unsubscribe to marketing communications, we still may need to send you communications relating to your use of the Site, such as service announcements and if we may need to send certain information to you under a legal requirement.
Information we collect about you.
Bitfinex uses IP addresses to analyze trends, administer the Site, track customer movements, and gather broad demographic information for aggregate use. For systems administration and detecting usage patterns and troubleshooting purposes, Bitfinex’s web servers also automatically log standard access information including browser type, access times/open mail, URL requested, and referral URL. This information is not shared with third parties and is used only within Bitfinex on a need-to-know basis. Bitfinex reserves the right to block access for any customer accessing the Site via a proxy service intending to conceal originating identity. This includes access via the Tor anonymity network.
Legal bases on which we process your Personal Information
3.1. We will process your Personal Information on the following grounds:
- where it is necessary for us to perform pursuant to our contract with you or in your interests; and/or
- where it is necessary for our legitimate interests (or those of a third party) and your interests and fundamental rights do not override those interests. Legitimate interests mean the interests of our organization to conduct and manage our business to enable us to better serve you and provide you with a secure experience on the Site; and/or
- as may be required to comply with any legal or regulatory obligations that may apply to us, for instance under anti-money laundering and sanctions regimes.
(We ensure that we balance any potential impact on you and your rights before we process your Personal Information for our legitimate interests. We do not use your Personal Information for activities where our interests are overridden by the impact on you (unless we have your consent or are otherwise required or permitted to by law). You can obtain further information about how we assess our legitimate interests against any potential impact on you in respect of specific activities by contacting us.)
Security and confidentiality.
- 4.2. The Site’s systems and data are reviewed periodically to ensure that you are getting a quality service and that leading security features are in place. We have put in place procedures to deal with any actual or suspected data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
- 4.3. However, no information system can be 100% secure. So, we cannot guarantee the absolute security of your information. Moreover, we are not responsible for the security of information you transmit to us over networks that we do not control, including the internet and wireless networks.
- 4.4 Bitfinex has data retention and deletion policies designed to retain Personal Information for no longer than necessary for the purposes set out herein or as otherwise required to meet legal or business needs.
- 6.1. Your Personal Information will be stored in the European Economic Area and may be transferred worldwide.
- 6.2. Personal Information and other data may therefore be exported outside of the jurisdiction in which you reside. Your Personal Information may be processed and stored in a foreign country or countries. Under those circumstances, the governments, courts, law enforcement, or regulatory agencies of that country or those countries may be able to obtain access to your Personal Information through foreign laws. You need to be aware that the privacy standards of those countries may be lower than those of the jurisdiction in which you reside.
6.3. Unfortunately, the transmission of information via the Internet is not completely secure. While we do our utmost to protect your Personal Information, we cannot guarantee the security of your data transmitted to us over the email or through the Site; any transmission is at your own risk. Once we have received your data, we will use strict procedures and security features to try to prevent unauthorized access.
EEA customers only
- 7.1. You may access, verify, request the deletion of your Personal Information held by Bitfinex and, where consent is the legal basis for processing of your Personal Information and subject to any legal or contractual restrictions, withdraw your consent, in each case, by submitting a written request to: Bitfinex c/o ORWL Avocats, 57, rue Réaumur, 75002, Paris, France.
7.2. If you no longer wish to receive marketing communications from us, you can also let us know via through the methods stated below. The electronic marketing communications we send to you also contain opt-out mechanisms that allow you to opt-out from receiving those communications, update your contact information or change your preferences at any time. We will honor your choice and refrain from sending you such announcements. You may also opt back in to receive those communications at any time.
7.3. You have a number of rights in relation to how we process your Personal Information. These include the right to:
No fee usually required.
You will not have to pay a fee to access your Personal Information or to exercise any of your other rights. We may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we may refuse to comply with your request in these circumstances.
What we may need from you.
We may need to request specific information from you to help us confirm your identity and ensure your right to access your Personal Information (or to exercise any of your other rights). This is a security measure to ensure that Personal Information is not disclosed to any person who has no right to receive it. We may also contact you to ask you for further information in relation to your request to speed up our response.
Time limit to respond.
We try to respond to all legitimate requests within one month. Occasionally it may take us longer than a month if your request is particularly complex or you have made a number of requests. In this case, we will notify you and keep you updated.
Other Sites and protecting your Personal Information.
- 8.2. Bitfinex takes all reasonable endeavours to protect and safeguard Personal Information, but there are protective measures you should take, as well. Do not share your Personal Information with others unless you clearly understand the purpose of their request for it and you know with whom you are dealing. Do not keep sensitive Personal Information in your e-mail inbox or on Webmail. If you are asked to assign passwords to connect you to your Personal Information, you should use a secure password and always use two-factor authentication (2FA), where available. You should change your password regularly.
- 10.2. We may also be contacted at 17F-1, No. 266, Sec. 1, Wenhua Road, Banqiao Dist., New Taipei City, Taiwan (Republic of China).
EEA customers only
- 11.1. Should you have any concerns about how we handle your Personal Information, please contact us in the first instance. We will do our best to resolve your concern. Alternatively, you may prefer to submit a complaint directly to the national supervisory authority within your jurisdiction, details of which can be found online.
Data subjects under eighteen
- 12.1. Our business is not directed at anybody under the age of eighteen, and we will never knowingly collect personal information from individuals under the age of eighteen.
- 12.2. Persons under the age of eighteen are not permitted to purchase LEO tokens.