„Bitcoinapi.co” makes every effort for every user to easily view its website and place orders. That is why, for safety reasons and shopping convenience, we inform that while browsing our website, You agree to using cookies and other voluntarily provided personal data by the Company. The data which You will be requested to provide in order forms is necessary for the operation of the platform and provision of the services. Providing data is voluntary. If You do not provide the required data, the action which needs these data will be stopped.
„Bitcoinapi.co” ensures that the users may exercise their rights arising out of the Act of 29 August 1997 on Personal Data Protection (consolidated text Dz.U. of 2002, no. 101, item 926 as amended), including the right to request the supplementation, update, correction, temporary or permanent suspension, or removal of the personal data if the data is incomplete, out-of-date, false, has been collected in breach of law or is redundant for fulfilling the purpose for which it has been collected. The user has the right to request the removal of their personal data at any time by sending an e-mail at firstname.lastname@example.org. „Bitcoinapi.co” applies technical and organizational measures, the purpose of which is to ensure the most effective protection of the collected personal data against unauthorized access or improper use by unauthorized persons.
1. BitcoinAPI.co processes and secures the personal data on the Platform in accordance with the requirements specified in the Act of 18 July 2002 on Providing Services by Electronic Means (Dz.U. of 2016, item 1030; amended: Dz.U. of 2016, item 1579), in the Act of 29 August 1997 on Personal Data Protection (Dz.U. of 2016, item 922), and in the Ordinance of the Minister of Internal Affairs and Administration of 29 April 2004 on the Documentation Pertaining to Personal Data Processing and Technical and Organizational Conditions which Should be Fulfilled by the Devices and Computer Systems Used for Personal Data Processing (Dz.U. no. 100, item 1024). In particular, BitcoinAPI.co secures the personal data on the Platform against access to the data by unauthorized persons as well as against processing the data in breach of law, and exercises day-to-day control over the procedure of data processing, allowing only authorized persons to process personal data.
2. BitcoinAPI.co processes the personal data of the Users within the scope necessary to establish connection with, shape the content of and correctly render the Services on the Platform by electronic means, including: the purchase, sale or exchange of currencies by electronic means, and performing by BitcoinAPI.co the duties of an obliged institution within the meaning of the Act of 16 November 2000 on Preventing Money Laundering and Terrorist Financing (Dz.U. of 2010, no. 46, item 276). BitcoinAPI.co processes the personal data of the Users for the purposes associated with making payment transactions and documenting their completion, including performing by BitcoinAPI.co the duties of an obliged institution within the meaning of the Act of 16 November 2000 on Preventing Money Laundering and Terrorist Financing. As required by the duties imposed by the said act, the defined internal policy encompasses such actions as:
a) keeping the register of transactions made via the BitcoinAPI.co Platform, the value of which exceeds EUR 15.000,00 or its equivalent, also in the event the transaction is carried out in the form of several operations, when the circumstances of such operations indicate that the operations are related to one another and have been divided to operations of less value with the intention to evade registration;
b) applying financial safety measures with regard to the Users of the Platform, including the option to identify the User. The scope of applying such measures is determined on the basis of the assessment of money laundering and terrorist financing risk, made through an analysis, taking into account in particular the kind of the User of the Platform, economic relations, products or transactions;
c) introducing a procedure of suspending a transaction, blocking individual users’ accounts and freezing the funds deposited on the accounts;
d) storing appropriate registers for at least 5 years of the day a particular transaction was registered;
e) performing the duties of suspending a transaction ordered by the State or European Union authorities in conjunction with reasonable suspicions of the illegality of the transaction.