Privacy Policy
HYDRANET DAO PRIVACY POLICY
Last Reviewed and Updated: January 26, 2023
IMPORTANT INFORMATION ABOUT HYDRANET DAO
Welcome to our Privacy Policy (the
Policy). We are Hydranet DAO (“we”, “our”)., a worldwide located project. We provide the
Hydranet Decentralized Exchange (DEX) and Hydranet
website.
This Policy, together with our upcoming
Terms and Conditions, applies to your use of the Hydranet DEX and Hydranet website, and any softwares, services, tools, features, or functionalities provided on or in connection with the Hydranet DEX and Hydranet website. The definitions in the Terms and Conditions shall apply to this Privacy Policy.
We respect your privacy and are committed to protecting your Personal Data. This Policy will inform you as to how we look after your Personal Data when you use the Hydranet DEX and visit Hydranets website (regardless of where you visit it from) and tell you about your privacy rights and how the law protects you.
The Hydranet DEX is not intended for children (under 18 years of age) and we do not knowingly collect data related to children. Read more under section 16.
It is important that you read this Policy together with any other privacy policy or fair processing policy we may provide on specific occasions when we are collecting or processing Personal Data about you so that you are fully aware of how and why we are using your data. This Policy supplements other notices and privacy policies and is not intended to override them.
This policy is provided in a layered format so you can click through to the specific areas set out below. We keep our Privacy Policy under regular review. This version was last updated on 26 January 2023. The Privacy Policy may be changed by Hydranet DAO at any time and without prior notice to you. The modified Privacy Policy will be effective at the time it is posted and made available to you. You should check back often on the Hydranet DEX or the Hydranet website to confirm that your copy and understanding of this Policy is up-to-date and correct.
Please do not use the Hydranet website or Hydranet DEX if you disagree with any of these Terms.
If you have any questions about this Policy, please contact us at:
contact@hydranet.aiOur website may, from time to time, contain links to and from the websites of our partner networks, advertisers, affiliates and social media platforms. Please note that these websites and any services that may be accessible through them have their own privacy policies and that we do not accept any responsibility or liability for these policies or for any Personal Data that may be collected through these websites or services. Please check these policies before you submit any Personal Data to these websites or use these services.
THIRD PARTY LINKS
Personal Data, or Personal Information, means any information about an individual from which that person can be identified. It does not include data where the identity has been removed (anonymous data).
We may collect, use, store and transfer different kinds of Personal Data about you which we have grouped together as follows:
includes internet protocol (IP) address, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform, and other technology on the devices you use to access our website.
includes your username, purchases or orders made by you, your preferences, feedback and survey responses.
includes billing address, delivery address, email address and telephone numbers.
includes bank account and payment card details, details relating to your cryptocurrency wallets, and details relating to commission or fees charged to or paid by you.
includes information about how you use our website and Hydranet DEX, including your publicly available trading activity and history.
Marketing and
Communications Data
includes your preferences in receiving marketing from us and our third parties and your communication preferences.
We also collect and use Aggregated Data such as statistical or demographic data for any purpose. Aggregated Data could be derived from your Personal Data but is not considered Personal Data in law as this data will not directly or indirectly reveal your identity. For example, we may aggregate your Usage Data to calculate the percentage of users accessing a specific website feature. However, if we combine or connect Aggregated Data with your Personal Data so that it can directly or indirectly identify you, we treat the combined data as Personal Data which will be used in accordance with this Privacy Policy.
THE DATA WE COLLECT ABOUT YOU
INTERNATIONAL DATA TRANSFERS
Your information, including the Personal Data that you provide to us, may be transferred to, stored at and processed by us outside the country in which you reside, including, but not limited to the United States, where data protection and privacy regulations may not offer the same level of protection as in other parts of the world. By providing any information, including Personal Data, on our website, you consent to such transfer, storage, and processing. We may also transfer Personal Data from the European Economic Area or the United Kingdom to the United States, as needed, to perform the Services that you have requested from us. We will take steps that we believe to be reasonably necessary to treat your Personal Data securely and in accordance with this Policy.
YOUR DUTY TO INFORM US OF CHANGES
It is important that the Personal Data we hold about you is accurate and current. Please keep us informed if your Personal Data changes during our relationship with you.
HOW YOUR PERSONAL DATA IS COLLECTED
We use different methods to collect data from and about you, including:
You may give us your Identity, Account, Contact and Financial Data by filling in forms created by the Hydranet organization (for example when you give us feedback) or by corresponding with us by post, phone, email or otherwise.
Technological Interactions
As you interact with our website or the Hydranet DEX, we may automatically collect Financial, Technical and Usage Data about your wallet address, computer equipment, device, browsing actions and trading patterns.
Third Parties or Publicly
Available Sources
We may receive Technical Data about you from various third parties such as analytics providers like Google Analytics and plausible.io based outside the UK.
IF YOU FAIL TO PROVIDE PERSONAL DATA
Where we need to collect Personal Data by law, or under the terms of a contract we have with you, and you fail to provide that data when requested, we may not be able to perform the contract we have or are trying to enter into with you. In this case, we may have to cancel a product, service or account you have with us but we will notify you if this is the case at the time.
PURPOSES FOR WHICH WE WILL USE YOUR PERSONAL DATA
We will only use your Personal Data when the law allows us to. Most commonly, we will use your Personal Data in the following circumstances:
We will process your Personal Data where we need to in order to perform the contract we are about to enter into or have entered into with you (for example, your use of the Hydranet DEX or your participation in advertisement contests initiated by the Hydranet organization).
We will process your Personal Data 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 Interest means the interest of our business in conducting and managing our business to enable us to give you the best service/product and the best and most secure experience. We make sure we consider and balance any potential impact on you (both positive and negative) and your rights before we process your Personal Data for our legitimate interests. We do not use your Personal Data 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).
We will process your Personal Data where it is necessary for compliance with a legal obligation in the UK or EU or other states that we are subject to.
We have set out below, in a table format, a description of all the ways we plan to use your Personal Data, the type of data we may need, and which of the legal bases we rely on to do so. We have also identified what our legitimate interests are where appropriate. Note that we may process your Personal Data for more than one lawful ground depending on the specific purpose for which we are using your data. Please contact us if you need details about the specific legal ground we are relying on to process your Personal Data (in those cases when more than one ground has been set out in the table).
Lawful Basis for Processing
To process and administer bug reports and feedback on our services (including the Hydranet DEX and our website)
• Account
• Contact
• Technical
• Usage
• Marketing and Communications
• Performance of a contract with you
• Necessary for our legitimate interests (to ensure the proper functioning and to develop our services and business)
To enforce our Control Rights set out in the Terms and Conditions
• Financial
• Technical
• Usage
• Marketing and Communications
• Performance of a contract with you
• Necessary for our legitimate interests (to ensure the proper functioning and liquidity of our business)
To process and manage payments, fees and charges, and collect or recover money owed to us
• Financial
• Technical
• Usage
• Marketing and Communications
• Performance of a contract with you
• Necessary for our legitimate interests (to recover debts due to us and ensure the proper functioning of the Hydranet DEX)
To manage our relationship with you, which will include notifying you about changes to our Terms and Conditions or Privacy Policy, and/or asking you to leave a review or take a survey
• Account
• Contact
• Marketing and Communications
• Performance of a contract with you
• Necessary to comply with a legal obligation
• Necessary for our legitimate interests (to keep our records updated and to study how Users use our services)
To enable you to take part in our Loyalty Program or Referral Program
• Account
• Financial
• Technical
• Usage
• Marketing and Communications
• Performance of a contract with you
• Necessary for our legitimate interests (to keep our records updated and to study how Users use our services)
To administer and protect our business and the Hydranet DEX (including troubleshooting, data analysis, testing, system maintenance, support, reporting and hosting of data)
• Financial
• Technical
• Usage
• Necessary for our legitimate interests (for running our business, provision of administration and IT services, network security, to prevent fraud and in the context of a business reorganization or group restructuring exercise)
• Necessary to comply with a legal obligation
To deliver relevant website content and advertisements to you and measure or understand the effectiveness of the advertising we serve to you
• Identity
• Account
• Contact
• Technical
• Usage
• Marketing and Communications
• Necessary for our legitimate interests (to study how Users use our services, to develop them, to grow our business and to inform our marketing strategy)
To use data analytics to improve our website, services, marketing, and User relationships and experiences
• Necessary for our legitimate interests (to define types of Users for our services, to keep our website updated and relevant, to develop our business and to inform our marketing strategy)
To restrict access to only permitted Users in accordance with our Terms and Conditions
• Performance of a contract with you
• Necessary for our legitimate interests (to prevent unauthorized or unregulated access to the Hydranet DEX)
Generally, we do not rely on consent as a legal basis for processing your Personal Data, although we will get your consent before sending third party direct marketing communications to you via email or text message. You have the right to withdraw your consent to marketing at any time by contacting us.
CHANGE OF PURPOSE
We will only use your Personal Data for the purposes for which we collected it, unless we reasonably consider that we need to use it for another reason and that reason is compatible with the original purpose. If you wish to get an explanation as to how the processing for the new purpose is compatible with the original purpose, please contact us.
If we need to use your Personal Data for an unrelated purpose, we will notify you and we will explain the legal basis which allows us to do so.
Please note that we may process your Personal Data without your knowledge or consent, in compliance with the above rules, where this is required or permitted by law.
DISCLOSURES OF YOUR PERSONAL DATA
We may share your Personal Data with the following external third parties for the purposes explained in Section 8 above:
Professional advisers acting as processors or joint controllers including lawyers, bankers, auditors and insurers based inside and outside Europe who provide consultancy, banking, legal, insurance and accounting services.
Third parties to whom we may choose to sell, transfer or merge parts of our business or our assets. Alternatively, we may seek to acquire other businesses or merge with them. If a change happens to our business, then the new owners may use your Personal Data in the same way as set out in this Policy.
We require all third parties to respect the security of your Personal Data and to treat it in accordance with the law. We do not allow our third-party service providers to use your Personal Data for their own purposes and only permit them to process your Personal Data for specified purposes and in accordance with our instructions.
We, and many of our external third parties, are based outside the EU so our processing of your Personal Data will involve a transfer of data outside the EU. Whenever we transfer your Personal Data out of the UK, we ensure that a similar degree of protection is afforded to it by:
ensuring we will only transfer your Personal Data to countries that have been deemed to provide an adequate level of protection for Personal Data; or
putting in place specific contracts approved for use in the UK which give Personal Data the same protection it has in the UK.
Please contact us if you want further information on the specific mechanism used by us when transferring your Personal Data out of the UK.
Service providers acting as processors based outside the EU who provide us with data analytics services, including for example Plausible Analytics.
DATA SECURITY
We use reasonable organizational, technical, and administrative measures to protect Personal Data within our organization. However, as no electronic transmission or storage of Personal Data can be entirely secure, we can make no guarantees as to the security or privacy of your Personal Data. If you have reason to believe that your interaction with us is no longer secure, please immediately notify us of the problem by contacting us via the “Contact Information” section below.
We have put in place procedures to deal with any suspected Personal Data breach and will notify you and any applicable regulator of a breach where we are legally required to do so.
DATA RETENTION
We will only retain your Personal Data for as long as reasonably necessary to fulfill the purposes we collected it for, including for the purposes of satisfying any legal, regulatory, tax, accounting or reporting requirements. We may retain your Personal Data for a longer period in the event of a complaint or if we reasonably believe there is a prospect of litigation in respect to our relationship with you.
To determine the appropriate retention period for Personal Data, we consider the amount, nature and sensitivity of the Personal Data, the potential risk of harm from unauthorized use or disclosure of your Personal Data, the purposes for which we process your Personal Data and whether we can achieve those purposes through other means, and the applicable legal, regulatory, tax, accounting or other requirements.
In some circumstances you can ask us to delete your data: see Section 13 below for further information.
In some circumstances we will anonymise your Personal Data (so that it can no longer be associated with you) for research or statistical purposes, in which case we may use this information indefinitely without further notice to you.
YOUR LEGAL RIGHTS
Under certain circumstances, you have rights under data protection laws in relation to your Personal Data. We have summarized these below.
Request access to your Personal Data (commonly known as a "data subject access request")
This enables you to receive a copy of the Personal Data we hold about you and to check that we are lawfully processing it.
Request correction of your
Personal Data
This enables you to have any incomplete or inaccurate data we hold about you corrected, though we may need to verify the accuracy of the new data you provide to us.
Request erasure of your
Personal Data
This enables you to ask us to delete or remove Personal Data where there is no good reason for us continuing to process it. You also have the right to ask us to delete or remove your Personal Data where you have successfully exercised your right to object to processing (see below), where we may have processed your information unlawfully or where we are required to erase your Personal Data to comply with local law. Note, however, that we may not always be able to comply with your request of erasure for specific legal reasons which will be notified to you, if applicable, at the time of your request.
Object to processing of your Personal Data
You can object to processing of your Personal Data where we are relying on a legitimate interest (or those of a third party) and there is something about your particular situation which makes you want to object to processing on this ground as you feel it impacts on your fundamental rights and freedoms. You also have the right to object where we are processing your Personal Data for direct marketing purposes. In some cases, we may demonstrate that we have compelling legitimate grounds to process your information which override your rights and freedoms.
Request restriction of processing your Personal Data
Request restriction of processing of your Personal Data. This enables you to ask us to suspend the processing of your Personal Data in the following scenarios:
if you want us to establish the data's accuracy;
where our use of the data is unlawful but you do not want us to erase it;
where you need us to hold the data even if we no longer require it as you need it to establish, exercise or defend legal claims; or
you have objected to our use of your data but we need to verify whether we have overriding legitimate grounds to use it.
Request transfer of your
Personal Data
We will provide to you, or a third party you have chosen, your Personal Data in a structured, commonly used, machine-readable format. Note that this right only applies to automated information which you initially provided consent for us to use or where we used the information to perform a contract with you.
Right to withdraw consent
You can withdraw consent at any time where we are relying on consent to process your Personal Data. However, this will not affect the lawfulness of any processing carried out before you withdraw your consent. If you withdraw your consent, we may not be able to provide certain products or services to you. We will advise you if this is the case at the time you withdraw your consent.
If you wish to exercise any of the rights set out above, please contact us. We try to respond to all legitimate requests within one month. Occasionally it could 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.
You will not have to pay a fee to access your Personal Data (or to exercise any of the other rights). However, we may charge a reasonable fee if your request is clearly unfounded, repetitive or excessive. Alternatively, we could refuse to comply with your request in these circumstances.
COMPLAINTS
We are committed to resolve any complaints about our collection or use of your Personal Data. If you would like to make a complaint regarding this Privacy Policy or our practices in relation to your Personal Data, please contact us as set forth below. We will reply to your complaint as soon as we can and, in any event, within thirty (30) days. We hope to
resolve any complaint brought to our attention; however if you feel that your complaint has not been adequately resolved, you have the right to contact your local data protection supervisory authority.
We may need to request specific information from you to help us confirm your identity and ensure your right to access your Personal Data (or to exercise any of your other rights). This is a security measure to ensure that Personal Data 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.
COOKIE POLICY FOR THE HYDRANET WEBSITE
This is the Cookie Policy for the HydranetWebsite, accessible from hydranet.ai.
The Hydranet website uses cookies, as is a common practice with almost all professional websites. Cookies are tiny files that are downloaded to your computer to improve your user experience. This page describes what information they gather, how we use the information and why we sometimes need to store these cookies. We will also share how you can prevent these cookies from being stored, however this may downgrade or 'break' certain elements of the Hydranet website’s functionality.
We use cookies for a variety of reasons detailed below. Unfortunately in most cases there are no industry standard options for disabling cookies without completely disabling the functionality and thus the features they add to the Hydranet website. It is recommended that you leave all cookies on, if you are not sure whether you need them for the services you may use.
You can prevent cookies from being stored by adjusting the settings on your browser (see your browser Help for information on how to do this). Be aware that disabling cookies will affect the functionality of our website and many other websites that you visit. Disabling cookies will usually result in disabling certain functionality and features in websites, including our website. Therefore it is recommended that you do not disable cookies. This Cookies Policy was created with the help of the Cookies Policy Generator.
The following cookies are used by us on the Hydranet website.
We use functional cookies to recognize you when you return to our website.
Analytics and Performance Cookies
We use analytics and performance cookies for website analytics purposes to operate, maintain, and improve the Hydranet website, the Hydranet DEX and any other service that we may provide. The information gathered by these cookies is aggregated and anonymized and does not identify any specific individual visitor. We use Google Analytics to collect and process certain analytics data on our behalf. Google Analytics uses its own cookies that help us understand how you engage with the Hydranet website and Hydranet DEX, and may also collect information about your use of other websites, apps, and online resources. The links below provide additional information and resources for Google Analytics.
From time to time we offer user surveys and questionnaires to provide you with interesting insights, helpful tools, or to understand our userbase more accurately. These surveys may use cookies to remember who has already taken part in a survey or to provide you with accurate results after you change pages.
When you submit data through a form, such as those found on contact pages or comment forms, cookies may be set to remember your user details for future correspondence.
In order to provide you with a great user experience on the Hydranet website we provide the functionality to set your preferences for how the Hydranet website runs when you use it. In order to remember your preferences we need to set cookies so that this information can be called whenever you interact with a page that is affected by your preferences.
In some special cases we also use cookies provided by trusted third parties. The section below details which third party cookies you might encounter through the Hydranet website.
The Hydranet website uses Google Analytics which is one of the most widespread and trusted analytics solutions on the web as of today. This helps us to understand how you use the Hydranet website and what measures we can take to improve your user experience. These cookies may track things such as how long you spend time on the Hydranet website and what pages you visit, so we can continue to produce engaging content.
For more information on Google Analytics cookies, see the
official Google Analytics page.From time to time we test new features and make subtle changes to the way the Hydranet website is delivered. When we are still testing new features the cookies may be used to ensure that you receive a consistent user experience on our website, whilst ensuring that we understand what optimisations our users appreciate the most.
We use adverts to offset the costs of running the Hydranet website and provide funding for further development. The behavioral advertising cookies used by the Hydranet website are designed to ensure that we provide you with the most relevant adverts where possible by anonymously tracking your interests and presenting similar things that may be of interest to you.
Further information about cookies, including how to see what cookies have been set on your device and how to manage and delete them, visit www.allaboutcookies.org.
CHILDREN’S PRIVACY
These Services do not address anyone under the age of 18. We do not knowingly collect personally identifiable information from children under 18 years of age. In the case we discover that a child under 18 has provided us with personal information, we will immediately delete this from our servers. If you are a parent or guardian and you are aware that your child has provided us with personal information, please contact us so that we will be able to do the necessary actions.
CHANGES TO THIS PRIVACY POLICY
The Privacy Policy may be changed by Hydranet DAO at any time and without prior notice to you. The modified Privacy Policy will be effective at the time it is posted and made available to you. You should check back often on the Hydranet DEX or the Hydranet website to confirm that your copy and understanding of this Policy is up-to-date and correct. If we materially change the ways in which we use or share Personal Data previously collected from you through the Hydranet website, Hydranet DEX or any other service we may provide, we will attempt to notify you by our public social media channels, or other means.
This policy is effective as of 2023-26-01.
MORE INFORMATION
Hopefully that has clarified things for you and as was previously mentioned if there is something that you aren't sure whether you need or not it's usually safer to leave cookies enabled in case it does interact with one of the features you use on our site.
However if you are still looking for more information then you can contact us here:
contact@hydranet.aiIMPRESSUM
Hydranet DAO
Located worldwide.