IDA Finance Hong Kong Limited (“IDA”, “we”, “our” or “us”) respects the privacy rights and interests of our users ("you" or "your"). In strict adherence to the provisions of The Personal Data (Privacy) Ordinance of Hong Kong, this Privacy Policy describes how we collect, use, disclose, and protect personal data when you use our services.

Collection of Personal Data

When you use our services, we may collect the following categories of personal data about you:

• Personal data for KYC purpose such as your name, email address, phone number, and other identifiers

• Financial information including wallet addresses, transaction histories and linked financial accounts

• Technical usage data collected automatically from your devices and activities using our services

• Additional profile or transaction data you voluntarily provide

Personal data is collected directly from you when you provide information to create an account, conduct transactions, or communicate with us. We also automatically collect certain technical data about your devices and usage of our services.

Use of Personal Data

We use your personal data for the following purposes:

• To provide, operate, maintain and improve our services

• To process your stablecoin transactions and maintain your account

• To respond to your inquiries and communicate with you

• To prevent, detect, and investigate fraud, spam, abuse, security risks, and other harmful activity

• To conduct research, analysis, and product development to improve our services

• To comply with applicable legal obligations and regulatory requirements

We only process your personal data if we have a lawful basis for doing so, including to perform a contract with you, to comply with laws, or for our legitimate business interests.

Disclosure of Personal Data

We may disclose your personal data to service providers we work with to assist in providing our services and operating our business, such as payment processors and analytics providers. We limit the access and use of your data to what is necessary provide those services.

We may also disclose personal data when required by law, regulation, or legal process. We will make reasonable efforts to notify you of such requests when appropriate.

Data Protection and Retention

We implement organizational, technical, and physical safeguards designed to protect the security and confidentiality of your personal data. We will retain your personal data only as long as necessary to fulfil the purposes outlined in this Privacy Policy or as required by applicable law.

Your Privacy Rights

Under the Personal Data (Privacy) Ordinance, you have certain rights with respect to your personal data, such as rights of access and correction. You also have the right to lodge a complaint with the Privacy Commissioner for Personal Data in Hong Kong. Please contact us if you wish to exercise these rights.

Changes to this Privacy Policy

We may occasionally update this Privacy Policy to reflect evolving laws and business practices. We encourage you to periodically review the most up-to-date version.

Contact Us

Should you have any queries about our Privacy Policy or our data practices, please email us at  dpo@idafi.xyz or via email to Room 2101, 21/F, Hong Kong Diamond Exchange Building, 8 -10 Duddell Street, Central, Hong Kong.

Last Updated: July 2024