Bitcoin.com.au (we or us) works together with banks and financial institutions that are required by law to take steps to prevent fraud, money-laundering and terrorist-financing. Given the nature of our core business, we take the privacy and security of an individual’s personal information very seriously.
Collection, use and disclosure
We collect personal information from customers for identity verification purposes under anti-money laundering and fraud prevention laws.
We only use and disclose personal information collected in this manner insofar as necessary in order to integrate with identity verification and related services, or as otherwise required by law.
There are also a number of limited circumstances in which we may collect personal information directly from you. This is limited to circumstances where you make direct contact with us by telephone or in writing, or via our website at independentreserve.com. We will only use personal information collected in this manner for the purpose of communicating with you or otherwise in accordance with the purpose for which you provided your personal information.
The personal information we collect
The type of personal information which we might collect from customers includes your name, current and previous addresses, date of birth, telephone number, driver licence number, passport number and any other information which may be relevant for the purpose of verifying your identity. We require our third party providers and corporate customers to comply with all relevant privacy and data protection laws (including, where necessary, obtaining the appropriate express or implied consent from you at the time your personal information is collected) in order for such information to be lawfully used for identity verification and related purposes.
We do not collect, use or disclose any sensitive information about any person. This includes a person’s racial or ethnic origin, political opinion, political association, religious belief or affiliation, philosophical belief, professional or trade union or association, sexual preference, criminal record or health information.
We do not use or adopt as our own identifier any individual identifier assigned by any other organisation.
Disclosure of personal information to third parties
If you ask us to, we will share your personal information with your financial adviser, or other professional and business advisers (such as lawyers and auditors).
Other third parties
In conducting our business, we may disclose your personal information to third parties for the purposes outlined above. These third parties may include, where appropriate:
- our related companies (including Independent Reserve SG Pte Limited);
- financial institutions and payment services providers for payment processing;
- identity verification services;
our contracted service providers, including:
- IT service providers;
- marketing, promotional and market research agencies; and
- external business advisers (such as auditors and lawyers);
- in the case of a sale of our business (in whole or in part) to the purchaser (as an asset of the business); or
- if you are a job applicant, referees whose details you provide to us.
We may disclose your information to law enforcement agencies in Australia if requested as part of an investigation or to other third parties and for other purposes where we are required or authorised by or under law to do so (including where you have provided your consent).
We do not sell, trade, or rent your personal information to others.
We take all reasonable steps (including the employment of appropriate security systems and procedures) to ensure all data held by us is safe and secure. Such security measures include physical protection and electronic encryption to prevent any unauthorised access.
We take all reasonable steps to ensure that any personal information that we collect and use is accurate, complete and up-to-date.
Access and correction
You have a right to access your personal information, subject to some exceptions allowed by law. If you wish to access your personal information, you should contact us via the Support screen in the Bitcoin.com.au app. We reserve the right to charge a fee for searching for and providing access to your information.
Where we determine, acting reasonably, that personal information held in respect of an individual is no longer needed for our functions or the services we provide, we will permanently destroy or de-identify that information.
We may also utilise cookies to assist in delivering targeted advertising campaigns at certain times through third party sites. Personally identifiable information is not captured by the cookies used for advertising.
How to opt-out
Amendments to the policy