Privacy Policy
Last Updated: April 27, 2024
Welcome to Cipher ("we," "us," or "our"). We are committed to protecting
your privacy and ensuring the security of your personal information.
This Privacy Policy outlines how we collect, use, disclose, and
safeguard your information when you use our application.
1. Introduction
Cipher is a decentralized trading platform built on the Solana blockchain. By accessing or using our services, you agree to the terms of this Privacy Policy.
2. Information We Collect
a. Wallet Information
- Wallet Address: We collect your Solana wallet address to facilitate trading activities.
- Transaction Data: Details of your transactions, including amounts, timestamps, and statuses, are collected to manage and display your trading activities.
b. Authentication Tokens
- Session Tokens: We use authentication tokens stored in your browser's
localStorage and sessionStorage to maintain your login sessions securely.
c. Usage Data
- Websocket Data: Real-time data related to trades and market activities is collected via WebSocket connections to provide up-to-date information.
3. How We Use Your Information
- Facilitating Trades: Your wallet address and transaction data are essential for executing and managing your trades within the platform.
- User Authentication: Authentication tokens help us verify your identity and maintain secure sessions.
- Real-Time Updates: Websocket data enables us to provide real-time updates on market activities and your trading positions.
- Improving Services: We analyze usage data to enhance the functionality and performance of our platform.
4. Data Storage and Security
- Local Storage: Authentication tokens are stored in your browser's
localStorage and sessionStorage. While this allows for quick access and ease of use, it is essential to ensure that your device is secure. - Encryption: Sensitive data, such as authentication tokens, is encrypted to prevent unauthorized access.
- Access Controls: We implement strict access controls to ensure that only authorized personnel can access your data.
5. Third-Party Services
We integrate with third-party services such as Web3Auth for authentication and Zustand for state management. These services may have their own privacy policies, and we encourage you to review them.
6. User Rights
- Access and Control: You have the right to access, update, or delete the information we hold about you. You can manage your wallet connections and authentication tokens through our platform settings.
- Data Deletion: Upon your request, we will delete your wallet information and associated transaction data from our servers, subject to any legal obligations.
7. Changes to This Privacy Policy
We may update our Privacy Policy from time to time. Any changes will be
posted on this page with an updated "Last Updated" date. We encourage
you to review this Privacy Policy periodically to stay informed about
how we are protecting your information.
8. Contact Us
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:
By using Cipher, you acknowledge that you have read and understood this Privacy Policy.