Elbaite Legal

Elbaite's Privacy Policy

For the purposes of this Privacy Policy, the words “Elbaite”, “we”, “our” and “us” refers to Elbaite Pty Limited ACN 623 185 875. 

Our collection use and disclosure of your personal information is governed by the Privacy Act 1988 (Cth) as amended from time to time (Privacy Act). This Privacy Policy describes how we collect, use and disclose your personal information in accordance with the Privacy Act and will apply in respect of this website on any computer, mobile phone, tablet, console or other device (Device). 

We are committed to the privacy and security of your personal information. This Privacy Policy is incorporated into and subject to our Terms and Conditions which can be viewed at: Terms and Conditions.

CONSENT 

By using, accessing or browsing, our website on any Device, you acknowledge that you have read, understood and agree to be bound by this Privacy Policy and consent to the collection, use and disclosure of your personal information in accordance with this Privacy Policy and the Privacy Act. 

WHAT INFORMATION DO WE COLLECT? 

Personally Identifiable Information 

We will only collect personal and sensitive information that is reasonably necessary for us to provide you with, or directly related to, the services we offer on our website. The specific type of personal information we collect and use may include, but is not limited to, the following: 

  • name and contact information (including telephone and mobile number, email address, residential and postal address); 
  • individual information (including age, place of birth and photographic identification); 
  • financial and transactional information (including banking, ect.);
  • your tax residency status; 
  • other information that may be required  to satisfy legal obligations including the ‘Know Your Client’ rules under the AML CTF Act 2006 (Cth); 
  • company name and contact information (including ABN/ACN, business name, Directors full names, Senior Executives full names, significant shareholder details, company contact, telephone and fax number, email address and registered, postal and business address); 
  • Trust or SMSF details (including but not limited to trust name, certified copy of trust deed, ABN/ACN, trustees, beneficial owners, and other necessary information including as above); and
  • other personal information (including any other information provided to us by you that we are required to collect by law). 

We may also collect personal information as we reasonably determine necessary from time to time for any purpose in connection with the general conduct of our business, for example, in dealing with our agents, service providers and contractors.

We only collect personal information which has been provided to us by you. You have the right to object to, or restrict the collection of your personal data, however if you choose not to provide us with the information we require, we may not be able to provide all of our services to you. 

IP Addresses 

An Internet Protocol (IP) address is a small set of numbers automatically assigned to your computer when you log onto the internet. We may use general information about your visit to our website, including your IP address and the date and time of your visit, to assist us in improving the quality and useability of our website. Typically, we will not link IP addresses with personal information, however, in rare instances we may need to link IP addresses to personal information if it becomes necessary to enforce compliance with the Terms and Conditions. 

Cookies 

Cookies are small text files placed on your hard-disk that allows the server to identify and interact more effectively with your Device and are frequently used on many websites. We may use cookies to enable us to identify you and to personalise and enhance your experience and use of our website. For example, a cookie may be used to pre-populate a registration form, or avoid details having to be entered more than once. You can choose if and how a cookie will be accepted by changing your preferences and options in your browser. Please note that declining cookies may impact your experience of our service or limit the use or functionality of our website. 

USE OF PERSONAL INFORMATION 

We will predominantly use your personal information for the provision of our services to you, and for any other purpose required by law. Such purposes include compliance with our ‘Know Your Customer’ record obligations and AUSTRAC reporting and Anti-Money Laundering and Counter Terrorism Financing (AML/CTF) regulations. We may also use the information you have provided us with to engage in marketing activities. 

DISCLOSURE 

We will not disclose your personal information, except if required by law, to enforce our Terms and Conditions, or otherwise in accordance with this Privacy Policy. 

Where permitted by the Privacy Act, personal information we collect about you may be disclosed to third parties as we reasonably determine necessary from time to time for any purpose reasonably necessary or directly in connection with facilitating our service to you, including, but not limited to: 

  • providing you with use of or information about, or administering, managing, developing and improving, our service; 
  • managing our relationship with you; 
  • minimising risks and identify or investigating fraud and other illegal activities;
  • maintaining and updating our records; 
  • addressing any queries, feedback, complaints or concerns; 
  • marketing and advertising; 
  • communicating directly with you and providing marketing communications and targeted advertising to you;
  • confirming your identity; and 
  • complying with any law. ‍

Occasionally, we may be required to disclose your personal information to third parties that are located outside of Australia. In this instance, we will take all reasonable steps to ensure that those third parties, in whichever jurisdiction, adhere to the terms of this Privacy Policy, however we note that our ability to enforce the Privacy Act against overseas recipients and to take action in relation to any breach may be very limited. 

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THIRD PARTY WEBSITES 

Our website may have links to external third-party websites. If you use these links we are not responsible for the privacy policies of other websites or services. You should make sure that you have read and understood any third-party privacy policies and direct any questions or concerns you may have to the relevant third party administrators.

STORAGE 

We take our obligations to protect your personal information very seriously. This includes ensuring that we meet the Office of the Australian Information Commissioner guidelines with respect to the appropriate level of information and software security, governance and associated procedures so as to adequately protect your personal information from unauthorised access, loss, misuse, disclosure or alteration. 

We may need to maintain records for a significant period of time. However, we will take reasonable steps to destroy or de-identify personal information where we consider that the information is no longer needed. 

ACCESS

We endeavour to ensure that the personal information we hold is accurate and up-to-date. We realise that this information may change frequently with changes of address and other personal circumstances. If at any time you would like to access, correct or change any personal information provided to us by you, please contact us via the Help Centre: https://www.elbaite.com/app/contactUs. 

COMPLAINTS 

Where you believe that we have not complied with our obligations under this Privacy Policy or the Privacy Act, please contact us. If you are not satisfied with our response to your complaint, you can escalate your complaint by reading our complaints policy: https://www.elbaite.com/complaints;
or review the Office of Australian Information Commissioner website and follow the links for a complaint: https://www.oaic.gov.au/privacy/privacy-complaints  

UPDATES 

Our Privacy Policy will be reviewed from time to time to take into account new laws and technologies, and changes to our operations and/or practices. Accordingly, we reserve the right to change, modify, add or remove portions of this Privacy Policy and will publish the revised version here on our website. By continuing to use, access or browse our website following any changes to this Privacy Policy, you accept this Privacy Policy as it applies from time to time. 

CONTACT 

If you have any questions, comments or concerns about this Privacy Policy or our data practices please contact us in writing by email at: complaints@elbaite.com.au

FURTHER INFORMATION 

More information about Australian privacy law is available from the Office of the Information Commissioner: https://www.oaic.gov.au/ 

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Elbaite Pty Ltd (ACN 623 185 875) operates a digital currency exchange registered with AUSTRAC. Please note that digital asset prices can be volatile. Elbaite does not provide digital wallets and we do not have access to your digital currency. We will never ask for the private keys to your digital currency wallet. Elbaite is not liable for any losses you may incur, and you are solely responsible for your investment decisions. Before deciding if our services are right for you, take into consideration your own financial situation & needs and/or obtain professional financial or taxation advice from a licensed provider. Elbaite does not provide financial advice and Elbaite does not have any affiliation with external traders, advisors or trading platforms.