Knooz recognizes the significance of safeguarding user data and has implemented robust measures to ensure the security and privacy of personal information. This article highlights the steps taken by Knooz to protect user data and emphasizes the significance of secure information practices in the crypto exchange industry.
Comprehensive Personal Information Collection:
To comply with regulations and assess user eligibility, Knooz collects specific personal details during the account creation process. This includes full name, email address, phone number, proof of identity, a photo holding a passport, bank details, and residential address. Additionally, non-personal information such as location and website usage details are gathered to enhance services.
Utilization and Sharing of Personal Information:
Knooz strictly adheres to a privacy policy that governs the utilization and sharing of personal information. User data is utilized to provide a secure and personalized experience, improve services, and communicate relevant notices. Moreover, personal information is processed for trade execution, compliance enforcement, and legal obligations.
important note: Knooz does not sell user information to profit organizations. However, there may be instances where disclosure is necessary to comply with regulators, authorities
Storage of Personal Information:
Knooz ensures the storage of user information on Amazon servers, emphasizing the importance of data protection. By utilizing reputable Amazon services for data collection and storage, Knooz prioritizes the security and integrity of user data.
In the ever-evolving landscape of cryptocurrency exchanges, securing personal information is of paramount importance. Knooz recognizes this necessity and implements stringent measures to protect user data. By collecting personal information for necessary purposes, ensuring compliance with regulations, and employing secure third-party storage solutions, Knooz demonstrates its commitment to safeguarding user privacy.
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