Privacy Policy
How we collect, use, and protect your information
1. Information We Collect
At Nexum, we collect several types of information to provide and improve our services:
- Account Information: When you register, we collect your name, email address, and other contact details.
- Transaction Information: We collect data about your bids, purchases, and sales on our platform.
- Payment Information: We collect payment method details to process transactions.
- Usage Information: We gather data about how you interact with our platform.
- Device Information: We collect information about the devices you use to access Nexum.
2. How We Use Your Information
We use the information we collect to:
- Provide, operate, and maintain our marketplace
- Process transactions and send related information
- Verify your identity and prevent fraud
- Improve our platform and user experience
- Communicate with you about your account, activities, and promotions
- Monitor and analyze usage patterns and trends
- Comply with legal obligations
3. How We Share Information
We may share your information with:
- Other Users: Basic information is shared between buyers and suppliers to facilitate transactions.
- Service Providers: We share information with third parties who perform services on our behalf.
- Legal Requirements: We may disclose information if required by law or governmental request.
- Business Transfers: In the event of a merger, acquisition, or asset sale, your information may be transferred.
4. Your Rights and Choices
Depending on your location, you may have rights regarding your personal information, including:
- Accessing and updating your information
- Deleting your account and associated data
- Opting out of marketing communications
- Objecting to certain processing of your data
5. Security
We implement appropriate technical and organizational measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction.
6. Data Retention
We retain your information for as long as necessary to provide our services, comply with legal obligations, resolve disputes, and enforce our agreements.
7. Children's Privacy
Our services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children.
8. International Data Transfers
Your information may be transferred to and processed in countries other than your own, where data protection laws may differ.
9. Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of significant changes by posting the new policy on this page.
10. Contact Us
If you have questions about this Privacy Policy, please contact us at privacy@nexum-marketplace.com.
Last updated: May 7, 2024