Article 1: Identity of the Controller This statement defines the data processing protocols of Bit AI App (“the Platform”, “we”, or “us”).
Registered Office: Bleicherweg 33, 8002 Zurich, Switzerland.
Legal Framework: We operate in strict compliance with the new Swiss Federal Act on Data Protection (nFADP).
Article 2: Data Categories Collected In line with data minimization, we collect:
Identity Data: Full legal name, date of birth, and nationality for mandatory KYC verification.
Financial Data: Source of funds, digital asset wallet addresses, and transaction history.
Digital Footprints: IP addresses, hardware specifications, and interaction logs with our interfaces.
Article 3: Purpose and Basis of Processing Our data collection is based on:
Service Provision: Essential for account management and the delivery of technical infrastructure.
Legal Obligations: Compliance with Swiss Anti-Money Laundering Act (AMLA).
Security Interests: Proactive fraud prevention and strengthening network integrity.
Consent: For non-essential analytics cookies and personalized market updates.
Article 4: Security and Data Sovereignty
Encryption: All data at rest is stored using AES-256 cryptographic protocols.
Transmission: Transmission secured by TLS 1.3 end-to-end encryption.
Hosting: Data is hosted on high-security servers in Switzerland to ensure maximum data security.
Article 5: Your Rights as a Data Subject Under the Swiss nDSG, you have the following rights:
Right to access, rectify, and erase your data.
Right to restrict processing and data portability.
Right to lodge a complaint with the Federal Data Protection and Information Commissioner (FDPIC).