Privacy Policy

Updated 21 May 2025

The SatsTerminal Protocol operates in a decentralized and permissionless manner. Although we may collect and process information about users of SatsTerminal.com or the Interface in accordance with this Privacy Policy, we do not have information about all protocol users beyond what is already publicly available and recorded on the blockchain.

This Privacy Policy (the "Privacy Policy") explains how SatsTerminal Labs ("we," "our," or "us") collects, uses, and shares information in connection with our Services as well as your rights and choices regarding such information in accordance with applicable data protection legislation, including the Data Protection Act (as amended) of the Cayman Islands (together, "Data Protection Legislation"). These terms apply to SatsTerminal.com and the Interface and any other online location that links to this Privacy Policy (collectively, the "Services").

By using the Services, you also agree to our collection, use, and sharing of your information as described in this Privacy Policy. If you do not agree with the Terms of Use, you should not use or access the Interface or the Services.

If you are an individual, this Privacy Policy will be relevant to you directly. If you are an entity or arrangement that provides us with personal data on individuals connected to you for any reason, this Privacy Policy will be relevant for those individuals and you should transmit this Privacy Policy to such individuals or otherwise advise them of its content.

1.Information Collection

A. Information You Provide.

We may collect the following information about you when you use the Services:

  • Correspondence and Content: When you contact us for support or other inquiries, you may share with us your contact details and contextual information relevant to your issue (such as wallet type, token or transaction details, device type, or error codes). This helps us respond and improve the Services.

You may choose to voluntarily provide other information to us that we have not solicited from you, and, in such instances, you are solely responsible for such information.

2.How We Use Your Information

We use your personal information for a variety of business purposes, including to provide our Services, for administrative purposes, and to market our products and Services, as described below.

A. Provide Our Services

We use your information to fulfill our contract with you and provide you with our Services, such as:

  • Managing your information and accounts
  • Providing access to certain areas, functionalities, and features of our Services
  • Answering requests for customer or technical support
  • Communicating with you about your account, activities on our Services, and policy changes

B. Administrative Purposes

We use your information for various administrative purposes, such as:

  • Pursuing our legitimate interests such as direct marketing, research and development, network and information security, and fraud prevention
  • Detecting security incidents, protecting against malicious, deceptive, fraudulent or illegal activity
  • Measuring interest and engagement in our Services
  • Improving, upgrading or enhancing our Services
  • Developing new products and Services
  • Ensuring internal quality control and safety
  • Authenticating and verifying individual identities
  • Debugging to identify and repair errors with our Services
  • Auditing relating to interactions, transactions and other compliance activities
  • Enforcing our agreements and policies
  • Complying with our legal obligations

3.How We Share Your Information

We disclose your information to third parties for a variety of business purposes, including to provide our Services, to protect us or others, or in the event of a major business transaction such as a merger, sale, or asset transfer, as described below.

A. Disclosures to Provide Our Services

The categories of third parties with whom we may share your information are described below:

  • Service Providers: We may share your information with our third-party service providers who use that information to help us provide our Services. This includes service providers that provide us with IT support, hosting, customer support service, and related services.
  • Affiliates: We may share your information with our company affiliates.
  • APIs/SDKs: We may use third-party Application Program Interfaces ("APIs") and Software Development Kits ("SDKs") as part of the functionality of our Services.

B. Disclosures to Protect Us or Others

We may access, preserve, and disclose any information we store associated with you to external parties if we, in good faith, believe doing so is required or appropriate to: comply with law enforcement or national security requests and legal process, such as a court order or subpoena; protect your, our, or others' rights, property, or safety; enforce our policies or contracts; collect amounts owed to us; or assist with an investigation or prosecution of suspected or actual illegal activity.

C. Disclosure in the Event of Merger, Sale, or Other Asset Transfers

If we are involved in a merger, acquisition, financing due diligence, reorganization, bankruptcy, receivership, purchase or sale of assets, or transition of service to another provider, your information may be sold or transferred as part of such a transaction, as permitted by law and/or contract.

4.Your Rights and Choices

Your privacy choices you may have about your information are determined by applicable law and are described below.

A. Email and Telephone Communications

If you receive an unwanted promotional email from us, you can use the unsubscribe link found at the bottom of the email to opt out of receiving future emails. Note that you will continue to receive transaction-related emails regarding products or Services you have requested.

B. "Do Not Track"

Do Not Track ("DNT") is a privacy preference that users can set in certain web browsers. Please note that we do not respond to or honor DNT signals or similar mechanisms transmitted by web browsers.

C. Cookies and Interest-Based Advertising

You may stop or restrict the placement of Technologies on your device or remove them by adjusting your preferences as your browser or device permits. However, if you adjust your preferences, our Services may not work properly.

5.International Data Transfers

All information processed by us may be transferred, processed, and stored anywhere in the world, including, but not limited to, the United States or other countries, which may have data protection laws that are different from the laws where you live. We endeavor to safeguard your information consistent with the requirements of applicable laws.

6.Retention of Information

We store the information we collect as described in this Privacy Policy for as long as you use our Services or as necessary to fulfill the purpose(s) for which it was collected, provide our Services, resolve disputes, establish legal defenses, conduct audits, pursue legitimate business purposes, enforce our agreements, and comply with applicable laws.

7.Security

We employ appropriate technical and organizational security measures designed to protect the security of any information we process. However, the security of information transmitted through the internet can never be guaranteed. We are not responsible for any interception or interruption of any communications through the internet or for changes to or losses of data.

8.Children's Information

We do not knowingly solicit data from or market to persons under the age of 18. By using the Services, you represent that you are at least 18 or that you are the parent or guardian of such a minor and consent to such minor dependent's use of the Services. If we learn that information from users less than 18 years of age has been collected, we will deactivate the account and take reasonable measures to delete such data from our records.

9.Changes to this Privacy Policy

We may update this Privacy Policy from time to time. If we make any changes, we will change the Last Updated date above. We encourage you to periodically review the Privacy Policy for the latest information on our privacy practices.

Any modifications to this Privacy Policy will be effective upon our posting of the updated terms. In all cases, your continued use of the Services following the posting of any updated Privacy Policy indicates your acceptance of the terms of the updated Privacy Policy.

10.Contact Us

We welcome your comments or questions about this Privacy Policy. You may contact us at hello@satsterminal.com.