Privacy Policy

Effective Date: December 25, 2024

This Privacy Policy describes how Prophet ("we", "us", or "our") collects, uses, and shares your personal information when you use our platform and services.

1. Information We Collect

1.1 Information You Provide

We collect information you provide directly to us:

Account Information: Name, email address, password, and username
Profile Information: Trading preferences, notification settings
Payment Information: Payment method details, billing address
Identity Verification: Government ID, proof of address (when required)
Communications: Messages you send to us, support requests

1.2 Automatically Collected Information

When you use Prophet, we automatically collect:

Device Information: Device type, operating system, browser type
Usage Data: Features used, pages visited, actions taken
Log Data: IP address, access times, referring URLs
Trading Data: Orders placed, positions held, transaction history

1.3 Cookies and Tracking

We use cookies and similar technologies to:

Keep you logged in
Remember your preferences
Analyze platform usage
Improve our services

You can manage cookie preferences in your browser settings.

2. How We Use Your Information

We use your information for the following purposes:

2.1 Providing Services

Create and manage your account
Process trades and transactions
Provide customer support
Send service-related communications

2.2 Improving Our Platform

Analyze usage patterns
Develop new features
Fix bugs and issues
Conduct research

2.3 Security and Compliance

Prevent fraud and abuse
Verify your identity
Comply with legal obligations
Enforce our terms of service

2.4 Communications

Send important updates about our services
Provide marketing communications (with your consent)
Respond to your inquiries

3.1 Service Providers

We share information with third-party service providers who help us operate our platform:

Cloud hosting providers
Payment processors
Analytics services
Customer support tools

3.2 Trading Venues

When you execute trades, necessary information is shared with the relevant prediction market venues.

3.3 Legal Requirements

We may disclose information when required by law or to:

Comply with legal process
Protect our rights and safety
Prevent fraud or illegal activity
Respond to government requests

3.4 Business Transfers

In the event of a merger, acquisition, or sale, your information may be transferred to the acquiring entity.

We do not sell your personal information to third parties.

4. Data Security

We implement industry-standard security measures:

Encryption in transit and at rest
Regular security assessments
Access controls and monitoring
Secure development practices

However, no method of transmission over the Internet is 100% secure. We cannot guarantee absolute security.

5. Your Rights and Choices

5.1 Access and Portability

You can access your personal information through your account settings. You may request a copy of your data in a portable format.

5.2 Correction

You can update your account information at any time. Contact us to correct other information.

5.3 Deletion

You can request deletion of your account and personal information. Some information may be retained for legal or legitimate business purposes.

5.4 Marketing Opt-Out

You can unsubscribe from marketing emails at any time using the link in any email or through account settings.

5.5 Do Not Track

We do not currently respond to Do Not Track browser signals.

6. California Privacy Rights (CCPA)

If you are a California resident, you have additional rights:

6.1 Right to Know

You can request information about the categories and specific pieces of personal information we collect, use, and disclose.

6.2 Right to Delete

You can request deletion of your personal information, subject to certain exceptions.

6.3 Right to Non-Discrimination

We will not discriminate against you for exercising your privacy rights.

6.4 Categories of Information

In the past 12 months, we have collected:

Identifiers (name, email, IP address)
Commercial information (transaction history)
Internet activity (usage data, browsing history)
Geolocation data (approximate location from IP)

To exercise your California privacy rights, contact us at privacy@tradeprophet.xyz.

7. International Data Transfers

Your information may be transferred to and processed in countries other than your own. We ensure appropriate safeguards are in place for such transfers.

8. Data Retention

We retain your information for as long as:

Your account is active
Necessary to provide our services
Required by law
Needed for legitimate business purposes

After account deletion, we may retain certain information for legal compliance or fraud prevention.

9. Children's Privacy

Our services are not intended for individuals under 18 years of age. We do not knowingly collect information from children. If we learn we have collected information from a child, we will delete it promptly.

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of material changes by:

Email notification
Platform notification
Updating the "Effective Date"

Your continued use after changes constitutes acceptance of the updated policy.

11. Contact Us

For questions, concerns, or to exercise your privacy rights:

Email: privacy@tradeprophet.xyz
Address: Prophet, Inc., Wilmington, DE

For data protection inquiries, you may also contact our Data Protection Officer at dpo@tradeprophet.xyz.