This Privacy Notice describes the policies and procedures of BITBILL PTY LTD, (“we,” “our,” or “us”) pertaining to the collection, use, and disclosure of your information on ownbit.io and related mobile applications and products we offer (the “Services” or “Ownbit Wallet”).

Overview

Your right to privacy and the protection of your personal data is important to us. The following sections provide further details as to how we process your personal information through Ownbit Wallet. We don’t share your information with third parties except to deliver you our Services and products, comply with the law, make Ownbit Wallet better, protect our rights, or effectuate a business transfer. If you have any questions or concerns about this policy, please reach out to us at support@ownbit.io.

How do you accept this policy

By using Ownbit Wallet, including downloading one of our mobile applications or visiting our website, you agree to the use, disclosure, and procedures outlined in this Privacy Policy.

What personal information do we collect from our users

We do our best to minimize the amount of Personal Information that we collect from Ownbit Wallet users. There's NO personal information collected by Ownbit wallet, such as: your name, address or emai, etc. But if you contact us for some business purpose or report bugs, we may ask for some personal information, such as Telegram or Email address for further contact.

What kind of technical data will be collected for using the wallets

For each wallet, data sent to the server includes: xpubs of each coin (pub if it is a private key wallet), an unique ID to identify your device, address indexes of the client side for each coin and the wallet ID you created for the wallet.

What's the unique ID to identify my device

An unique ID is randomly generated when installing the Ownbit App. It is used to identify your device. Everytime when you reinstall the App, a new ID will be generated. The ID is not related to any hardware info, by knowing the ID, you can not know any hardware info about the device.

What is used to authenticate a wallet

For mnemonic wallet, BTC xpub (extended public key) is used for the authentication. For private key wallet, pub (public key) is used to authenticate a wallet.

Can I share my xpubs to others

No, you can not, especially for BTC xpubs. If you share your BTC xpubs to others, your wallet will have security issue. They can use your BTC xpubs to modify some critical information.

If you share xpubs for other coins to others, there will be no security issue, but they can monitor your assets.

Will we share your personal date with third parties

Information about our users is an important part of our business and we are not in the business of selling our users’ personal information to others. And Ownbit does not share any user data with any third parties.

Conditions of use, notices, changes and updates to privacy notice

If you choose to use Ownbit, your use and any dispute over privacy is subject to this Notice and our Terms of Use. If you have any concerns about privacy at Ownbit Wallet, please contact us with a complete description, and we will try to resolve it. You also have the right to contact your local Data Protection Authority. We reserve the right to update and revise this Privacy Nolicy at any time.

Questions

We’d be happy to answer them. Shoot us an email or send us a note:

Email: support@ownbit.io