Binance Privacy Notice (UK)

Implications

• Binance may collect a wide range of personal data, including sensitive and biometric data.
• Failure to provide required data may result in the inability to offer services or account termination.
• Binance is committed to protecting the privacy of its customers and takes data protection seriously.
• Personal data may be shared with Binance affiliates and third parties for business operations.
• Binance may transfer personal data outside of the European Economic Area (EEA), UK, and Switzerland.
• Users have rights to access, correct, delete, and port their personal data, among other rights.
• Children under the age of 18 are not allowed to use Binance Services.
• Binance uses cookies and similar tools to enhance user experience and service performance.
• Binance may share your personal data with marketing partners for targeted advertising.
• Personal data is retained as long as necessary for legal, business, and regulatory requirements.
• Binance's Privacy Notice is subject to changes, which will be communicated to users.
• Binance employs security measures to protect user data from unauthorized access.
• Automated decision-making may be used for fraud detection, which can impact users.
• The Privacy Notice is available in multiple languages, with the English version prevailing in case of discrepancies.

Things to watch out for

• Binance collects extensive personal data, including sensitive and biometric information, which may be a privacy concern.
• Personal data may be shared with third parties and transferred internationally, which could affect data protection rights.
• Automated decision-making for fraud detection could impact your use of Binance services without human intervention.

AI recommendations

When using Binance, it's important to be aware of the extensive data collection and sharing practices. Ensure you are comfortable with the types of personal data Binance collects and how it may be used or transferred, especially if you are concerned about privacy. Exercise your data protection rights as needed, such as accessing or correcting your data. Stay informed about any changes to the Privacy Notice, as these can affect your rights and how your data is handled. Always use strong, unique passwords for your accounts and be cautious of the information you share online.

FAQs

What personal data does Binance collect and why?

Binance collects various types of personal data, including identification, financial, and transaction information, to provide services, comply with legal obligations, and ensure platform security. Sensitive data like biometrics may be collected for identity verification.

Can I access and control my personal data on Binance?

Yes, you have the right to access, correct, delete, and port your personal data. You can also object to certain processing and withdraw consent for data use where applicable.

How does Binance protect my personal data?

Binance employs encryption, security protocols, and measures to protect data during transmission and storage. Access to personal data is limited to authorized personnel, and Binance has safeguards against unauthorized access.