Privacy Policy of MemWallet

1. General Provisions

This Privacy Policy is prepared in accordance with international standards and outlines the procedures for processing and protecting personal data of users of «MemWallet» (hereinafter referred to as "the Service").

Privacy Policy is located in this section: https://memwallet.io/privacy-policy

1.1. The Service sets its primary goal as protecting the rights and freedoms of individuals regarding the processing of their personal data, including the right to privacy.
1.2. This Privacy Policy applies to all information that the Service may collect about users of the website https://app.memwallet.io.

2. Key Terms Used in the Policy

2.1. Automated Processing of Personal Data – Processing of personal data using automated systems.
2.2. Blocking of Personal Data – Temporary suspension of personal data processing (except in cases where processing is necessary for data clarification).
2.3. Website – A collection of graphical and informational materials, as well as software and databases, accessible via https://app.memwallet.io
2.4. Personal Data – Any information directly or indirectly relating to a specific or identifiable User of the website https://app.memwallet.io
2.5. Processing of Personal Data – Any operation or set of operations performed on personal data, including collection, recording, storage, updating, retrieval, use, transfer, anonymization, blocking, deletion, or destruction.
2.6. User – Any visitor of the website https://app.memwallet.io
2.7. Provision of Personal Data – Actions aimed at disclosing personal data to a certain person or group of persons.
2.8. Distribution of Personal Data – Actions aimed at disclosing personal data to an unlimited number of persons, including publishing personal data on the internet.
2.9. Destruction of Personal Data – Actions resulting in the irreversible destruction of personal data.

3. Main Rights and Obligations of the Service

3.1. The Service has the right to:
• Request accurate information and/or documents containing personal data from the User.
• Continue processing personal data without the User’s consent in cases where it is required by applicable law.
3.2. The Service is obliged to:
• Protect personal data from unauthorized access, disclosure, alteration, or destruction.
• Respond to User inquiries regarding the processing of their personal data.
• Ensure compliance with this Privacy Policy and keep it publicly accessible at https://memwallet.io/privacy-policy

4. Main Rights and Obligations of Users

4.1. Users have the right to:
• Access information about the processing of their personal data.
• Request corrections, blocking, or deletion of their personal data if it is incomplete, outdated, or processed unlawfully.
• Withdraw consent for processing their personal data at any time.
4.2. Users are obliged to:
• Provide accurate and up-to-date personal data.
• Notify the Service of any updates or changes to their personal data.

5. Principles of Personal Data Processing

5.1. Personal data is processed lawfully and fairly.
5.2. Processing is limited to achieving specific, legitimate purposes.
5.3. Only personal data relevant to the stated purposes is processed.
5.4. Personal data is stored no longer than necessary for the purposes of its processing.

6. Purposes of Personal Data Processing

6.1. The purposes of processing personal data include:
• Providing and improving the functionality of the Service.
• Facilitating cryptocurrency trading and transactions.
• Ensuring security and fraud prevention.
• Communicating with Users regarding updates, promotions, and services.

7. Conditions for Processing Personal Data

7.1. Personal data is processed with the User’s consent.
7.2. Processing is necessary for fulfilling contractual obligations or legal requirements.
7.3. Personal data is processed for the legitimate interests of the Service where these do not override the rights and freedoms of the User.

8. Data Collection, Storage, and Transfer

8.1. The Service ensures the security of personal data through the implementation of legal, organizational, and technical measures to prevent unauthorized access, alteration, disclosure, or destruction of personal data. These measures include encryption, access controls, secure servers, and regular audits of security systems.
8.2. Personal data is stored on secure servers located in jurisdictions with appropriate data protection laws. The Service retains personal data for as long as necessary to fulfill the purposes for which it was collected or as required by applicable laws and regulations. Once the data is no longer required, it is securely deleted or anonymized to prevent unauthorized access or use.
8.3. Personal data will not be disclosed to third parties without the User’s consent, except in the following cases: — To trusted third-party providers (e.g., payment processors, hosting services) who assist in operating the Service and are contractually obligated to protect the confidentiality and security of personal data. — To comply with applicable laws, regulations, or legal processes, or to respond to requests from regulatory or law enforcement authorities. — In the event of a merger, sale, or acquisition of the Service, where personal data may be transferred to the new owner or controlling entity under strict confidentiality conditions.
8.4. If personal data is transferred to servers or third parties located outside of the User’s country of residence, the Service ensures that adequate safeguards are in place to comply with applicable data protection regulations. 8.5. Users have the right to access, update, or delete their personal data stored by the Service. They may exercise these rights by contacting the Service at https://app.memwallet.io/ or through their account settings.
8.6. The Service will notify affected Users in the event of a personal data breach and report the breach to relevant regulatory authorities if required by law.
8.7. Personal data collected by the Service may be subject to the privacy policies of third-party services integrated into the platform (e.g., cryptocurrency wallets, analytics tools). Users are encouraged to review these policies when using third-party services via the platform.
8.8. The retention period for personal data depends on the type of data and the purpose for which it was collected. For example: — Transaction records may be retained for a legally required period (e.g., financial compliance). — Account information is retained while the User’s account remains active and for a limited period afterward to meet legal or regulatory obligations.
8.9. Users can manage their personal data directly through the Service by accessing their account settings. This includes updating their information, opting out of marketing communications, and deleting their account.

9. List of Actions Performed with Personal Data

9.1. The Service collects, records, organizes, stores, updates, retrieves, uses, transfers, anonymizes, blocks, deletes, and destroys personal data.
9.2. Automated processing of personal data may include the transfer of information via telecommunications networks.

10. Confidentiality of Personal Data

10.1. The Service and any third parties with access to personal data must keep it confidential and not disclose it without the User’s consent.

11. Cross-Border Data Transfer

11.1. The Service may transfer personal data across international borders to servers or third parties located in other countries. Such transfers may occur to facilitate service delivery, improve platform functionality, or comply with contractual agreements with Users.
11.2. When transferring personal data to another country, the Service ensures that the recipient country has adequate data protection laws or that appropriate safeguards, such as standard contractual clauses, binding corporate rules, or certification mechanisms, are in place to protect the User’s personal data.
11.3. The Service takes all reasonable steps to ensure that personal data transferred internationally is processed securely and in accordance with this Privacy Policy.
11.4. Users are informed that laws in the destination country may differ from those in their country of residence. However, the Service ensures that the transferred data is handled with the highest level of protection possible.
11.5. If Users have questions about the cross-border transfer of their personal data, they can contact the Service at https://memwallet.io/

12. Final Provisions

12.1. Users can contact the Service with any questions about this Privacy Policy by emailing info@memwallet.io
12.2. The Service reserves the right to update this Privacy Policy. The latest version will always be available at https://memwallet.io/privacy-policy
12.3. This Privacy Policy is effective until a new version replaces it.
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