Privacy Policy

Last updated: Tuesday, July 17th, 2018

This Privacy Policy explains how information about you is collected, used and disclosed by Bitstipend. (hereafter “Bitstipend”, “our,” “we,” or “us”). This Privacy Policy applies to information we collect when you use our website and other online services (collectively, the “Bitstipend Service”) or when you otherwise interact with us. We may change this Privacy Policy from time to time. Bitstipend reserves the right, at its sole discretion, to change, modify, add or remove portions of these privacy policy, at any time. It is your responsibility to check these Privacy Policy periodically for changes. Your continued use of the Site following the posting of changes will mean that you accept and agree to the changes. If we make changes, we may notify you by revising the date at the top of the policy and, in some cases, we may provide you with more prominent notice (such as adding a statement to our homepage or sending you an email notification). We advise you to review the Privacy Policy whenever you access the Bitstipend Service to stay informed about our information practices and the ways you can help protect your privacy.

Collection of Information

Bitstipend collects information that you provide directly to us. For example, we collect information when you register or update the details of your account, post information in order to sell any item through the Bitstipend Service, enroll in any third party operated payment processing services offered in connection with the Bitstipend Service, communicate with other users, provide reviews or other comments, purchase any services from Bitstipend, request customer support or otherwise communicate with us. The types of information we may collect include your name, email address, Bitstipend account password, telephone number, postal address including city, state and zip code, photographs, written descriptions of your posted items, any bids you make on offers through the Bitstipend Service, any reviews or comments you make using the Bitstipend Service, all correspondence or communications with other users or with us conducted via the Bitstipend Service, government-issued identification documents (such as a driverʼs license), and any other information you choose to provide. When you access or use the Bitstipend Service, we automatically collect information about you, including Log Information. We log information about your use of the Bitstipend Service, including the type of browser you use, access times, pages viewed, your IP address and the page you visited while navigating on the Bitstipend Service. We collect information about the computer or mobile device you use to access the Bitstipend Service, including the hardware model, operating system and version, unique device identifiers and mobile network information. If you consent to the collection of location information from your computer or mobile device, we may collect this information when you access or use the Bitstipend Service, or when you otherwise consent to the collection of this information. We may also use your IP address to infer an approximate geographic location for your computer or device. Information Collected by Cookies and Other Tracking Technologies: We use various technologies to collect information, and this may include sending cookies to your computer or mobile device. Cookies are small data files stored on your hard drive or in device memory that helps us to improve the Bitstipend Service and your experience, see which areas and features of the Bitstipend Service are popular and count visits. We may also collect information using web beacons (also known as “gifs,” “pixel tags” and “tracking pixels”). Web beacons are electronic images that may be used in the Bitstipend Service or emails and help deliver cookies, count visits, understand usage and campaign effectiveness and determine whether an email has been opened and acted upon.

Information from Third Parties.

Bitstipend may, from time to time, obtain information from other sources and combine that with information we collect through the Bitstipend Service in order to enhance our ability to serve you, prevent fraudulent transactions, tailor our content to you, provide you with opportunities to purchase products or services that we believe may be of interest to you, and for any other purposes described in this Privacy Policy. For example, if you create or log into your account through a social media site, we will have access to certain information from that site, such as your name, account information and friends lists, in accordance with the authorization procedures determined by such social media site.

General Uses.

Bitstipend uses information about you for various purposes, including to: Enable you to access and use the Bitstipend Service, to personalize the Bitstipend Service, and to optimize the type of offers presented to you when you use the Bitstipend Service; Create and maintain a trusted and safer environment on the Bitstipend Service, including through detection and prevention of fraud, unauthorized access, intrusion, and service interruption; Conduct investigations and to respond to disputes between users, error resolution, and other similar customer support service; Enable any identification programs we may institute and in which you elect or are required to participate, such as verifying your identity and address, and conduct checks against various publicly available databases; Operate, protect, improve and optimize the Bitstipend Service, our business, and our usersʼ experience; Perform analytics, conduct research, and monitor and analyze trends, usage and activities in connection with the Bitstipend Service; Communicate with you about products, services, offers, promotions, rewards, and events offered by Bitstipend and others, and provide advertisements that match user profiles or interests, news and information we think will be of interest to you; Send you service, support and administrative messages, reminders, technical notices, updates, security alerts, and information requested by you; Comply with our legal obligations or requests from law enforcement agencies, resolve any disputes that we may have with any of our users, and enforce our agreements with third parties; Link or combine with information we get from others to help understand your needs and provide you with better service; Assist third party payment processors with transaction processing, error, chargeback and disputed transaction resolution, and similar payment processing functions; and carry out any other purpose for which the information was collected.

Sharing of Information.

We may share information about you as follows or as otherwise described in this Privacy Policy: With the public on the Bitstipend Service; With the public not on the Bitstipend service; When sellers register through the Bitstipend Service to receive electronic payments via third party services, we will share certain information about them with the third party service, including name, address, IP address and date of birth. Third party services may use this information for the purposes described in their privacy policy, including for fraud prevention. With vendors, consultants and other service providers who need access to such information to carry out work on our behalf (including, without limitation, with third party merchant service providers that may use the information we share to help us and other companies detect inaccurate personal information and prevent fraudulent transactions); In response to a request for information if we believe disclosure is in accordance with any applicable law, regulation or legal process, or as otherwise required by any applicable law, rule or regulation; If we believe your actions are inconsistent with the spirit or language of our user agreements or policies, or to protect the rights, property and safety of Bitstipend or others; In connection with, or during negotiations of, any merger, sale of company assets, financing or acquisition of all or a portion of our business to another company; Between and among Bitstipend , and its current and future parents, affiliates, subsidiaries, and other companies under common control and ownership; and with your consent or at your direction, including if we notify you through the Bitstipend Service that the information you provide will be shared in a particular manner and you provide such information.

Social Sharing Features.

The Bitstipend Service may offer social sharing features and other integrated tools (such as the Facebook “Like” button), which let you share actions you take on the Bitstipend Service with other media, and vice versa. The use of such features enables the sharing of information with your friends or the public, depending on the settings you establish with the entity that provides the social sharing feature. For more information about the purpose and scope of data collection and processing in connection with social sharing features, please visit the privacy policies of the entities that provide those features.

Advertising and Analytics Services Provided by Others

We may allow others to serve advertisements on our behalf across the Internet and to provide analytics services. These entities may use cookies, web beacons and other technologies to collect information about your use of the Bitstipend Service and other websites and online services, including your IP address, web browser, pages viewed, time spent on pages, links clicked and conversion information. This information may be used by Bitstipend and others to, among other things, analyze and track data, determine the popularity of certain content, deliver advertising and content targeted to your interests on the Bitstipend Service and other websites and online services, and better understand your online activity.


Bitstipend takes reasonable measures to help protect information about you from loss, theft, misuse and unauthorized access, disclosure, alteration and destruction. You may update, correct or delete information about you at any time by logging in to your account. If you would like to cancel your Bitstipend account entirely, you can do so by login into your account and using the delete my account feature, but please note that we may retain certain information as required by law or for legitimate business purposes. For example, any reviews, forum postings and similar materials posted by you may continue to be publicly available on the Bitstipend Service in association with your account name even after your Bitstipend account is deleted. We may also retain cached or archived copies of information about you for a certain period of time.

Location Information.

When you first download or launch any of our mobile applications that collect location information or first use any features that use location information, you will be asked to consent to the applicationʼs collection of this information. If you initially consent to our collection of location information, you can subsequently stop the collection of this information at any time by changing the preferences on your mobile device. You may also stop our collection of location information by following the standard uninstall process to remove all of our mobile applications from your device. Even if you do not provide us with consent to collect precise location information from your mobile device or platform, we may use your IP address to infer an approximation of your location when using certain features of the Bitstipend Services, such as the Bitstipend payments solution. In some features, Bitstipend uses mapping services from Google Maps/Google Earth, including Google Maps API(s). Your use of these services is subject to Google's terms of service.


Most web browsers are set to accept cookies by default. If you prefer, you can usually choose to set your browser to remove or reject browser cookies. Removing or rejecting browser cookies does not necessarily affect third party flash cookies used in connection with the Bitstipend Service. Please note that if you choose to remove or reject cookies, this could affect the availability and functionality of the Bitstipend Service.

Promotional Communications.

You may opt out of receiving promotional emails, text messages, and other communications from Bitstipend by following the instructions in those emails, text messages or other communications or by logging on to your Bitstipend account and going to Settings.

Questions and Comments.

If youʼd like to provide feedback to us or if you have any questions, please contact us at