Privacy Policy
At Magnitude Network, we are committed to safeguarding the privacy and security of your personal data. This Privacy Policy outlines how we collect, use, disclose, and protect your personal information when you access our website, mobile applications, or use any of our products and services.
By using our website, mobile applications, or engaging with our services, you agree to the collection and use of your information in accordance with this Privacy Policy. If you do not agree to this policy, you must cease using our platform immediately.
We encourage you to review this Privacy Policy periodically, as we may update it from time to time. Your continued use of the site following any changes will signify your acceptance of those changes.
1. Introduction
This Privacy Policy provides a detailed explanation of how Magnitude Network collects, uses, and safeguards your personal data. It forms part of our Terms & Conditions, and by using our services, you agree to the terms of this Privacy Policy. We take your privacy seriously and strive to protect your personal information from unauthorized access.
2. Information We Collect
a. Personal Data You Provide to Us
We collect personal information that you voluntarily provide to us. This may include:
- Account Information: Your name, email address, phone number, and other contact information when you create an account.
- Transaction Data: Information about your transactions on our platform, including purchases, transfers, or mining-related activities.
- User-Generated Content: Data related to content you create, submit, or share through public areas of our site (e.g., usernames, comments, reviews).
- Customer Support: Any information you provide when contacting our support team for assistance.
b. Automatic Data Collection
We may automatically collect certain information when you use our services:
- Device Information: Your device type, operating system, browser type, and IP address.
- Usage Data: Your interaction with our website and applications, such as pages viewed, time spent on pages, clicks, scrolls, etc.
- Cookies and Tracking Technologies: We use cookies, pixels, and other technologies to collect data about your browsing activities. These help us recognize you, improve your user experience, and gather analytics.
c. Data from Third Parties
We may receive personal data from third parties, including:
- Social Media Platforms: If you choose to link or log in using third-party platforms (e.g., Google or Facebook), we may access your basic profile information.
- Advertising and Analytics Providers: Data related to user engagement with advertisements and interactions through third-party advertising networks.
3. How We Use Your Information
We use your information for the following purposes:
- Account Management: To create and manage your account, verify your identity, and provide secure access to our services.
- Service Delivery: To process transactions, facilitate mining, and deliver the services you have requested.
- Personalization: To customize your experience based on your preferences and browsing history.
- Communication: To send transactional emails, important notifications, and respond to customer inquiries.
- Marketing: With your consent, we may send promotional offers, newsletters, and updates about our services.
- Legal Compliance: To comply with applicable laws, regulations, and lawful requests from government authorities.
- Security: To detect and prevent fraud, unauthorized access, and other threats to our network.
- Analytics: To analyze usage trends, performance, and improve our website and services.
4. Cookies and Tracking Technologies
Cookies and tracking technologies help us improve our website functionality and your user experience. Cookies are small text files that are placed on your device when you visit our website. They help us recognize you, remember your preferences, and provide personalized features.
a. Types of Cookies We Use
- Essential Cookies: Required for basic site functionality (e.g., maintaining your login session).
- Analytics Cookies: Used to gather usage and performance statistics (e.g., Google Analytics).
- Marketing Cookies: Help deliver personalized advertisements based on your browsing activity.
b. Managing Cookies
You can control cookie preferences through your browser settings. However, disabling cookies may impact your experience with certain features of our website.
5. Sharing and Disclosure of Information
We may share your personal data with third parties in the following cases:
- Service Providers: We may share your information with third-party vendors who assist us with website hosting, data analytics, customer service, and other operations.
- Business Transactions: In the event of a merger, acquisition, or sale of assets, your data may be transferred as part of the transaction.
- Legal Obligations: We may disclose your information to comply with legal requests, enforce our policies, or protect the rights, property, or safety of our users and the public.
- Advertising Partners: We may share your browsing data with advertising networks to deliver targeted advertisements. This may include data collected through cookies and similar technologies.
6. Data Retention
We will retain your personal data for as long as necessary to fulfill the purposes for which it was collected, comply with legal requirements, and resolve disputes. Once your data is no longer needed, we will securely delete or anonymize it.
7. Your Rights and Choices
Depending on your location and applicable data protection laws (e.g., GDPR), you may have the following rights regarding your personal data:
- The right to access your personal data.
- The right to rectify inaccurate or incomplete data.
- The right to erase your data under certain circumstances.
- The right to restrict processing of your data.
- The right to data portability.
- The right to withdraw consent to processing your data.
8. Security of Your Information
We take appropriate technical and organizational measures to protect your personal data from unauthorized access, loss, or misuse. However, no method of transmission over the Internet or electronic storage is 100% secure, and we cannot guarantee its absolute security.
9. Changes to This Privacy Policy
We may update our Privacy Policy from time to time. We will notify you of any significant changes by posting the new Privacy Policy on our website with a revised effective date. We encourage you to review this Privacy Policy periodically for any updates.
10. Third-Party Links
Our website may contain links to third-party websites. We are not responsible for the privacy practices or the content of those websites. We encourage you to review the privacy policies of any linked sites you visit.
11. Children’s Privacy
Our services are not directed to individuals under the age of 13. We do not knowingly collect personal information from children under 13. If you are a parent or guardian and believe your child has provided us with personal data, please contact us.
12. Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at support@magnitudenetwork.tech.