Policies

What Are Cookies

As is common practice with almost all professional websites this site uses cookies, which are tiny files that are downloaded to your computer, to improve your experience. This page describes what information they gather, how we use it and why we sometimes need to store these cookies. We will also share how you can prevent these cookies from being stored however this may downgrade or ‘break’ certain elements of the sites functionality.

For more general information on cookies see the Wikipedia article on HTTP Cookies.

How We Use Cookies

We use cookies for a variety of reasons detailed below. Unfortunately in most cases there are no industry standard options for disabling cookies without completely disabling the functionality and features they add to this site. It is recommended that you leave on all cookies if you are not sure whether you need them or not in case they are used to provide a service that you use.

Disabling Cookies

You can prevent the setting of cookies by adjusting the settings on your browser (see your browser Help for how to do this). Be aware that disabling cookies will affect the functionality of this and many other websites that you visit. Disabling cookies will usually result in also disabling certain functionality and features of the this site. Therefore it is recommended that you do not disable cookies.

The Cookies We Set

If you create an account with us then we will use cookies for the management of the signup process and general administration. These cookies will usually be deleted when you log out however in some cases they may remain afterwards to remember your site preferences when logged out.

We use cookies when you are logged in so that we can remember this fact. This prevents you from having to log in every single time you visit a new page. These cookies are typically removed or cleared when you log out to ensure that you can only access restricted features and areas when logged in.

This site offers newsletter or email subscription services and cookies may be used to remember if you are already registered and whether to show certain notifications which might only be valid to subscribed/unsubscribed users.

This site offers e-commerce or payment facilities and some cookies are essential to ensure that your order is remembered between pages so that we can process it properly.

When you submit data to through a form such as those found on contact pages or comment forms cookies may be set to remember your user details for future correspondence.

In order to provide you with a great experience on this site we provide the functionality to set your preferences for how this site runs when you use it. In order to remember your preferences we need to set cookies so that this information can be called whenever you interact with a page is affected by your preferences.

Third Party Cookies

In some special cases we also use cookies provided by trusted third parties. The following section details which third party cookies you might encounter through this site.

This site uses Google Analytics which is one of the most widespread and trusted analytics solution on the web for helping us to understand how you use the site and ways that we can improve your experience. These cookies may track things such as how long you spend on the site and the pages that you visit so we can continue to produce engaging content.

For more information on Google Analytics cookies, see the official Google Analytics page.

From time to time we test new features and make subtle changes to the way that the site is delivered. When we are still testing new features these cookies may be used to ensure that you receive a consistent experience whilst on the site whilst ensuring we understand which optimisations our users appreciate the most.

In some cases we may provide you with custom content based on what you tell us about yourself either directly or indirectly by linking a social media account. These types of cookies simply allow us to provide you with content that we feel may be of interest to you.

More Information

Hopefully that has clarified things for you and as was previously mentioned if there is something that you aren’t sure whether you need or not it’s usually safer to leave cookies enabled in case it does interact with one of the features you use on our site.

1.General information

This Privacy Policy together with our terms of use and any other documents referred to on it, sets out the basis on which any personal data we collect from you, or that you provide to us, will be processed by us. Please read the following carefully to understand our views and practices regarding your personal data and how we will treat it.

In case you provide us with the personal data of third persons (such as family members, work colleagues) you should make sure that these persons are familiar with this Privacy Policy and you should only share their personal data if you have permission to do so and ensure that his personal data is correct.

By visiting https://ico.venoty.com (the ‘Website’), you are accepting and consenting to the practices described in this Privacy Policy. We will protect your personal information and respect your privacy in accordance with best business practices and applicable laws.

Your privacy is very important to us. We understand you want to remain in control of your personal information and that we must earn and retain our trust. We have created this privacy statement to show our commitment to the privacy of any personal details that you provide us when using our website. We can assure you that we keep your information confidential and do not sell or rent our customers’ personal information to third parties.

2.Log Data

Like many site operators, we collect information that your browser sends whenever you visit our site (“Log Data”). This Log Data may include information such as your computer’s Internet Protocol (“IP”) address (with replaced last byte), browser type, browser version, the pages of our site that you visit, the time and date of your visit, the time spent on those pages and other statistics.

Generic information about your computer’s connection to the Internet, called “session data” will automatically be logged. This information is anonymous and cannot be used to track your personal information. Session data consists of your IP address, operating system and type of browser software being used and the activities conducted by the user while on our website. We collect session data because it helps us administer our website, track correlative information and to collate statistics in relation to visitor traffic. We may use your IP address to help us diagnose problems with our server.

3.Google Analytics

  • We use a third-party JavaScript plug-in provided by Google called “Google Analytics” to provide us with useful traffic statistics and to better understand how you use our site. We do not have direct access to the information obtained from Google Analytics, but Google provides us with a summary through their dashboard.
  • We may share the information obtained from Google Analytics with business partners who are interested in advertising on our website. The information shared with these business partners will not contain any personally identifying information (Google does not provide us with direct access to the data and therefore we cannot see this information).
  • We do not use the information and personal data collected by Google Analytics to identify individuals unless we become aware of specific indications of illegal use.
  • For more information on Google Analytics cookies, see the official Google Analytics page.

4.Setting up and using an account

In order to purchase coins through Venoty website, you may be required to set up a personal account or fill a form and provide your personal data and information such as name and email address to secure your access to your account and any other information as may be required by Company in order to set up a personal account.

Company  may require you to provide additional information to verify your identity, address, source of funds or any other information in your account, such as your date of birth, copy of ID, citizenship, country of residence, and other information .

You are responsible for relevance and validity of information to be provided when registering an account.

Company is not obligated to verify your identity or any other personal information and may do it at its own discretion.

You can review your personal information inside of your account. You can edit your personal information or delete your account by contacting Company.

If you cancel or delete your account, Company may keep your

information in its database.

This may be necessary to determinate fraud by ensuring that a person who tries to commit fraud will not be able to avoid detection simply by closing his/her account and opening a new account. However, if you close your account, your personally identifiable information will not be used by Company for any further purposes, nor sold or shared with the third parties, except as necessary to prevent fraud or money laundering and assist law enforcement in accordance with this Policy.

 

5.Correcting your Information

In some instances, you may visit our Website to verify and update certain information. If you are not able to update your information on our Website, please contact us.

We will use commercially reasonable efforts to accommodate requests to update your information.

 

6.Data security

We use appropriate technical and organizational security measures to protect your stored personal data against manipulation, partial or complete loss, and unauthorized access by third parties. Our security measures are continuously being improved in line with technical developments.

Please note that any data transmission on the Internet (by e- mail) is generally not secure and we accept no liability for data transmitted to us via the Internet. Unfortunately, absolute protection is not technically possible.

Please be aware that information you provide to us or that we obtain as a result of your use of the Website may be collected in your country and subsequently transferred to another country in accordance with applicable law.

Using the Website demonstrates your consent to the processing of information as described in this Policy.

 

7.Requesting an erasure of data or restriction on processing

 

In some instances, you may request an erasure of your data or request to restrictive processing. If we do not have clear legal grounds as defined by applicable law not to satisfy your

request,we will proceed with it.

However, nowadays methods of data processing, in particular using new technologies such as blockchain, may result in impossibility to satisfy your request.

You acknowledge that you understand how in particular blockchain technology works and that it may be impossible to amend, delete or restrict to process your data and agree that such cases of new  technology use are excluded from the scope of this Policy and

our responsibility.

 

8.Storing, Using, and Sharing Your Data and Information

We will store your personal information in

its database. We may contract third parties to store your personal information.

We won’t  sell or rent your personal information to third parties for their marketing purposes without your explicit consent.

Company may use your personal information to customize your use of Website and Services; analyze your activity on Website, including through third parties such as Google Analytics and such alike; evaluate and improve its marketing efforts and for other reasons relevant to your use of Website and Services.

The content of this website is general only and should not be interpreted as investment advice.

9.Right to access

You have the right to obtain from the Foundation free information about your personal data stored at any time and a copy of this information.

 

10.Duration of the storage

We will process and store the personal data of the data subject only for the period necessary to achieve the purpose of storage, or as far as this is granted by the applicable laws or regulations. If the storage purpose is not applicable, or if a storage period prescribed by the applicable laws expires, the personal data is routinely erased in accordance with the legal requirements.

 

11.Contact Us

If you have any questions about our privacy policy, or how your data is being collected and processed, please e-mail [email protected].

For this, we require the following information: Name, Subject, E-Mail address, message.

We use this data, which you may give voluntarily, only in order to answer your contact question or to reply to your e-mail in the best possible manner.

12.Registration for our newsletter

The registration for our newsletter requires registration. For this you must provide your name and e-mail address.

By registering, you give us your consent to process the given data in order to periodically send the newsletter to the address you have given. This consent constitutes the legal basis for our processing of your e-mail address in the sense of Art. 6 Par. 1 lit. a GDPR. All information gathered this way will never be passed on or sold to any third party.

At the end of each newsletter a link is provided by means of which you can unsubscribe at any time. After unsubscribing your personal data will be deleted.

13.Changes to this Privacy Policy

We may update this privacy policy from time to time. We will notify you of any changes by posting the new privacy policy on the Site. You are advised to review this privacy policy periodically for any changes.

This Privacy Policy was last updated: 29.01.2019

 

14.More information about privacy regulations

For more information on applicable privacy regulations, you may refer to:

Please do not hesitate to contact us if you have any questions regarding this Privacy Policy by contacting us at [email protected]

 

When using this website, take note of the following regulations:

  • The content of this website is general only and should not be interpreted as investment advice.
  • Cryptocurrencies are high risk and may not be suitable for everyone.
  • You can lose some or all your money, so never risk more than you can afford to lose.
  • THE FCA (Financial Conduct Authority) does not regulate the Cryptocurrency market. This means you do not have the protection of financial regulations.
  • Past performance and forecasts are not reliable indicators of future results.
  • Profits from converting cryptocurrencies back into fiat currency may be subject to Capital Gains Tax.
  • If unsure about anything then please consult qualified advice.
  • Multibuy and its affiliates do not provide any guarantees in connection with the programs, services, products or their results.
  • This concept is not an Investment offer and not an Investment
  • You acknowledge and agree that there will not and cannot be given any assurances or guarantees for financial distributions, revenues, results or profits;
  • You acknowledge and agree that any possible commissions, revenue share, or other incentives, are offered and granted to the Registered Customer at the absolute and sole discretion of Multibuy;
  • There is no legal right to payments of any kind;
  • Through the purchase of products and advertising service, you will in principle, not earn any money. Any income, profit or earning, as well as possible results which can occur with purchase of products, are solely assumptions and estimates. They can vary greatly or might not even occur;
  • If your decision to participate in the Programs and/or purchase any Product offered through the Site, depends on achieved financial distributions, revenues, results or profits, presented to you by others, you agree to bear full responsibility for the risk of your actions and your decisions;
    No financial distributions, revenues, results or profit payments are guaranteed by us;
  • No forecasts or statements concerning future developments based on previous financial distributions, revenues, results or profits can be given

Anti-Money Laundering Policy (AML Policy)

Money laundering is the disguising of an illegal source of funds by converting it to cash or investments that are ostensibly legitimate.

General provisions

This Anti-money Laundering Policy (hereinafter referred to as “AML Policy”) outlines the procedures and mechanisms used by VENOTY for the purpose of preventing money laundering. VENOTY adheres to the following policies:

  • not entering into business relationships with criminals and/or terrorists;
  • not processing transactions that are result from criminal and/or terrorist activities;
  • not facilitating any transactions related to criminal and/or terrorist activities;

Verification Procedures

VENOTY shall establish its own procedures for determining compliance with the anti-money laundering standards and Know Your Customer (KYC) policy.

VENOTY Customers complete a verification procedure (they must provide an identification document issued by the state: passport or an ID card). VENOTY reserves the right to collect Customers’ identification information for AML Policy purposes. This information is processed and stored strictly in accordance with the VENOTY Privacy Policy.

VENOTY may also request a second Customer identification document: a bank statement or utility bill no older than 3 months, which includes the Customer’s full name and current address.

VENOTY shall verify the authenticity of documents and information provided by Customers and reserves the right to request additional information on Customers who have been identified as dangerous or suspicious.

If the Customer’s identification information has been changed or their activity appears suspicious, VENOTY is entitled to request updated documents from the Customer, even if they have been authenticated in the past.

Anti-Money Laundering Officer

The Anti-Money Laundering Officer is a VENOTY adviser who is responsible for ensuring compliance with the AML Policy, such as:

  • collection of Customers’ identity information;
  • establish and update internal policies and procedures for creating, reviewing, submitting and storing all reports required in accordance with existing laws and regulations;
  • transactions monitoring and analysis of any significant deviations from the Customers’ usual activities;
  • the introduction of a records management system for storing and retrieving documents, files, forms and logs;
  • regularly update risk assessments.

An Anti-Money Laundering Officer has the right to engage with law enforcement agencies that deal with the prevention of money laundering, financing of terrorism and other illegal activities.

Transactions Monitoring

The monitoring of the Customer’s transactions and the analysis of the obtained data is also a tool for risk assessment and the detection of suspicious transactions. If money laundering is suspected VENOTY shall monitor all transactions and reserves the right to:

  • reporting of suspicious transactions to the relevant law enforcement agencies;
  • request the Customer to provide any additional information and documents;
  • suspend or terminate the Customer’s Account.

The above list is not exhaustive. The AML Policy Compliance Officer monitors the Customers’ transactions every day to determine whether to report them and treat them as suspicious.

Risk assessment

In accordance with international requirements, VENOTY applies a risk-based approach tо anti-money laundering and financing of terrorism. Thus, measures aimed at the prevention of money laundering and financing of terrorism are commensurate with the identified risks, allowing resources to be effectively dedicated. Resources are used on a priority basis; the greatest attention is given to the greatest risks.

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