Privacy Policy

Effective Date: August 1st, 2024 Last Updated: October 1st, 2024

At Flaex.io, we are committed to protecting your privacy and ensuring that your personal data is handled responsibly and securely. This Privacy Policy outlines how we collect, use, and protect information in connection with our decentralized exchange (DEX) platform.

By using Flaex.io, you consent to the practices described in this Privacy Policy. If you do not agree with these terms, please discontinue the use of our platform.

1. Information We Collect

Since Flaex.io is a decentralized platform, we do not require personal identification or sensitive personal data to use most of our services. However, there are certain circumstances where data collection may occur:

1.1 Non-Personal Data

• Blockchain Data: As a decentralized platform, transactions made through Flaex.io are recorded on the public blockchain. This data is publicly accessible and may include your wallet address, transaction history, and balance. We do not have control over blockchain data and cannot modify or delete this information.

• Platform Usage Data: We may collect non-personal information about your interaction with our platform, including device type, browser type, IP address, and usage statistics. This data is collected for purposes of improving the user experience and ensuring platform security.

1.2 Cookies and Tracking Technologies

• Flaex.io may use cookies and similar tracking technologies to enhance your browsing experience, track platform activity, and analyze user behavior. These cookies do not store personal information but may collect anonymized data related to your device and browser preferences.

2. How We Use the Information

Flaex.io uses the information we collect for the following purposes:

2.1 Platform Operations

• To facilitate decentralized trading, liquidity provision, and other services on the platform.

• To track and manage user interactions with smart contracts.

2.2 Platform Improvements

• To monitor and analyze trends, usage, and activities in connection with our platform to improve functionality and user experience.

• To detect and prevent potential security threats or fraud.

2.3 Compliance and Legal Obligations

• In certain cases, we may be required to collect and share information to comply with applicable laws, regulations, or legal processes, particularly in jurisdictions that enforce cryptocurrency-related regulations.

3. Data Sharing and Third-Party Services

Flaex.io does not sell, rent, or trade your personal information with third parties. However, there may be instances where we share data under the following conditions:

3.1 Third-Party Tools and Services

• We may use third-party service providers (e.g., analytics tools, security services) to assist in the operation and optimization of the platform. These third parties may collect and use data in accordance with their privacy policies, but such data will typically not include any personal information from you as a user.

3.2 Public Blockchain

• Any transaction you perform on Flaex.io is broadcast to the public blockchain. Information on these transactions, such as wallet addresses and transaction amounts, may be viewed by anyone who accesses the blockchain. Flaex.io has no control over the data recorded on the blockchain and cannot edit or delete it.

3.3 Legal and Regulatory Requirements

• We may disclose information if required to do so by law or in response to valid legal processes, including subpoenas, court orders, or other governmental requests. We may also share information when we believe, in good faith, that disclosure is necessary to prevent harm, protect our rights, or comply with legal obligations.

4. User Control and Data Retention

As a decentralized platform, Flaex.io does not store personal data such as names, emails, or identification documents. You retain full control over your wallet and assets, and you can interact with our platform anonymously.

4.1 Cookies Management

You can manage cookie preferences through your browser settings, including blocking or deleting cookies. Note that disabling cookies may affect your user experience on the platform.

4.2 Retention of Data

• Non-personal usage data and transaction records (such as blockchain data) may be retained indefinitely as they are integral to the operation of the decentralized system. Flaex.io does not store any personal user data or wallet credentials.

5. Data Security

We are committed to safeguarding the limited data we collect. Flaex.io employs technical and organizational measures to protect platform interactions, including:

• Encryption: Encryption protocols are applied to transactions conducted through the platform.

• Smart Contract Audits: Our smart contracts undergo regular security audits to ensure they operate as intended and are resistant to vulnerabilities.

• No Custody: Flaex.io does not have access to your private keys, wallet information, or funds. You are solely responsible for the security of your wallet and credentials.

6. Third-Party Links and Integrations

Our platform may contain links to third-party services, including wallets, decentralized applications (dApps), and other DeFi protocols. We are not responsible for the privacy practices or content of these third-party sites. We encourage you to review the privacy policies of these services before interacting with them.

7. Changes to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices, legal requirements, or the operation of the platform. The revised Privacy Policy will be posted on this page, and the "Last Updated" date will be updated accordingly. Continued use of the platform after the changes indicates your acceptance of the updated Privacy Policy.

8. Your Rights

Since Flaex.io operates in a decentralized manner and does not collect personally identifiable information, most traditional privacy rights (such as data access, correction, or deletion) are not applicable. However, if you have concerns about any data collection or usage on our platform, you may contact us for clarification.

9. Contact Us

If you have any questions or concerns about this Privacy Policy or how we handle data on Flaex.io, please contact us at: Email: [email protected] Support: https://discord.gg/flaex