Privacy Policy
Effective date: 8 October 2026
App: Algobit — AI Market Analytics & Paper Trading
Operator: Algobit ("we", "us", "our")
Contact: privacy@algobit.app
This Privacy Policy explains how Algobit collects, uses, and shares your information when you use the Algobit mobile application (the "App").
1. Information we collect
1.1 Information you provide
- Account data: first name, last name, email address, mobile phone number, country.
- Profile preferences: display language, notification settings, theme (light / dark / auto).
- Quiz answers: the answers you give in the onboarding quiz: knowledge questions and a personal profile (age range, income range, planned investment amount, target return range, goal). They are self-reported and are not a suitability assessment.
- Chart images: a chart captured in the App, or a photo or picture you choose, for AI chart analysis (see section 3).
1.2 Information collected automatically
- Device identifiers: Google Advertising ID (AAID) for attribution. You can reset or limit this in Android Settings → Google → Ads.
- Install referrer: install source (campaign, ad group, click ID) from the Google Play Install Referrer API.
- Approximate geolocation: country derived from your IP address only — we do not collect precise GPS location.
- Device metadata: model, OS version, app version, locale.
- Usage events: screen views, taps on AI insights, paper-trading actions, registration steps. Used to improve the App and measure campaign performance.
- Crash logs: stack traces and device state when the App crashes (Firebase Crashlytics). No personal content from screens.
1.3 Paper-trading data
- Virtual portfolio: simulated balance, virtual orders, virtual positions, simulated profit/loss.
- All paper-trading activity uses virtual currency only. No real money is held, transferred, or invested through Algobit.
1.4 Purchases and access
- Purchases: when you buy a subscription or points, Google Play processes the payment. We receive the product, order and subscription status and dates from Google Play; we never see your card details.
- Points and access: your points balance and access status (VIP or lifetime).
2. How we use information
| Purpose | Data used | Legal basis (GDPR) |
|---|---|---|
| Provide the App (account, insights, paper trading) | account data, quiz answers, device metadata, usage events | Contract performance |
| Purchases and access (subscriptions, points) | Google Play purchase records, points balance, access status | Contract performance |
| AI-generated educational market analysis and chart analysis | requested asset + timeframe; for chart analysis, the image you choose; no account data (name, email, phone) sent to LLM providers | Legitimate interest |
| Notifications (reminders about the App and its offers, closed demo trades, payment issues) | created on your device; shown only if notifications are allowed for the App in Android settings | Consent |
| Attribution & analytics (campaign performance) | install referrer, AAID, country, locale, age range from the quiz | Legitimate interest |
| Fraud prevention, abuse detection | IP, device metadata, behaviour patterns | Legitimate interest |
| Lead-generation funnel — sharing your name/email/phone with the educational platform that referred you to Algobit (see section 4) | account data, country, install referrer | Consent (you accept on the registration screen) |
| Crash diagnostics | crash logs, device state at crash time | Legitimate interest |
We do not sell your personal data. We do not use your data to train third-party machine-learning models.
3. AI features
Algobit uses third-party large-language models (OpenAI GPT, Anthropic Claude) for two features:
- Market insights: the request contains only the asset symbol (e.g., "BTC"), the timeframe (e.g., "4h"), public market data (prices, volume) and your display language.
- Chart analysis: the request contains the image you choose (a chart captured in the App, a camera photo or a picture from your gallery) and your display language. The App re-encodes the image on your device before upload, which removes photo metadata such as location. Our server passes the image to the provider and does not keep it after the analysis.
We do not send your name, email, phone number or advertising ID (AAID) to LLM providers. Please do not choose images that show personal information. Under their API terms, these providers do not use this content to train their models; they may keep it for a limited time for abuse monitoring.
4. Sharing with third parties
We share your information with the following categories of recipients, only as needed:
| Recipient | Purpose | Data shared |
|---|---|---|
| Firebase / Google (Auth, Analytics, Cloud Messaging, Crashlytics, Remote Config) | Authentication, analytics, crash reporting, app configuration | Account email/uid, AAID, usage and purchase events (including the age range from the quiz), crash logs |
| Google Play (billing) | Processing purchases and subscriptions | Purchase tokens and order details, exchanged with Google Play to confirm your purchases |
| Meta (Conversions API) | Ad attribution and conversion measurement | Internal user ID, ad campaign ID, conversion events (type, time, value, currency) |
| Google Ads (Offline Conversion Import) | Ad attribution and conversion measurement | Ad click ID (gclid), conversion events (type, time, value, currency); app events from Google Analytics for Firebase |
| Binance, CoinGecko | Market quotes, charts | None — we proxy public market data on our backend only |
| News publishers (Cointelegraph, BeInCrypto, BTC-ECHO, Cryptoast, The Cryptonomist, ForkLog, PortalCripto, CriptoFácil, Cointribune) and NewsAPI where configured | Public news headlines shown in the News tab | None — our backend fetches the public feeds; opening an article takes you to the publisher's own site, where their policy applies |
| OpenAI, Anthropic | AI-generated market insights and chart analysis | Asset symbol, timeframe, public market data, display language; for chart analysis — the image you choose |
| Educational platform that referred you (partner) | Lead-routing: connecting you with the educational broker affiliate program that brought you to Algobit | First/last name, email, phone, country, IP, UTM/referral parameters |
| MaxMind GeoLite2, country.is | Country-level IP geolocation | IP address only: looked up in a MaxMind GeoLite2 database on our server when it is installed, otherwise sent to the country.is lookup service |
| TradingView | Price charts shown inside the App | Your IP address and device and browser data when a chart loads; TradingView may use cookies or similar storage under its own policy |
| Hosting / cloud infrastructure (Linode / Akamai) | Operating our backend | All data above, encrypted at rest and in transit |
We do not share your data with brokers, exchanges, or any party that would execute real trades on your behalf — Algobit is paper-trading only.
5. International data transfers
Algobit operates infrastructure in the EU (Frankfurt, Germany). Some processors are based in the US (Google, Meta, OpenAI, Anthropic). For users in the EEA / UK / Switzerland, transfers rely on EU Standard Contractual Clauses and processor-specific Data Processing Addenda.
6. Data retention
| Data | Retention |
|---|---|
| Account data | While your account is active + 30 days after deletion request |
| Attribution / install referrer | 18 months |
| Usage events / Analytics | 14 months (Google Analytics 4 default) |
| Crash logs | 90 days |
| Paper-trading virtual portfolio | While account active; reset on request |
| Logs (server access, error logs) | 30 days |
You can request earlier deletion at any time (see section 8).
7. Security
We use industry-standard safeguards: TLS 1.3 in transit, AES-256 at rest, scoped service accounts, MFA on admin accounts, principle of least privilege. No system is perfectly secure — if a breach materially affecting your data occurs, we will notify you and the relevant supervisory authority within 72 hours (GDPR Article 33).
8. Your rights
Depending on your jurisdiction (GDPR — EEA/UK; CCPA — California; LGPD — Brazil; PDPA — Singapore), you have rights to:
- Access a copy of your personal data we hold
- Rectify inaccurate or incomplete data
- Erase ("right to be forgotten") your data
- Restrict or object to processing
- Portability — receive your data in a machine-readable format
- Withdraw consent at any time (does not affect prior lawful processing)
- Lodge a complaint with your local supervisory authority
You can delete your account in the App (Profile → Delete account); see https://algobit.app/delete-account for details. To exercise any other right, email privacy@algobit.app. We respond within 30 days.
9. Children
Algobit is not intended for children under 18. We do not knowingly collect data from minors. Trading-related content (even paper-trading) is restricted to adults under our Terms of Service.
10. Availability
Algobit is distributed globally through Google Play. Users are responsible for compliance with local laws regarding educational financial-market content. Where local law prohibits a specific feature (e.g. educational simulations involving cryptocurrency), users must refrain from using that feature.
11. Risk disclosure
Algobit provides educational content and risk-free simulation only. Nothing in the App is investment advice, a buy/sell recommendation, or a solicitation to trade. Past performance shown in AI analysis or strategy backtests does not guarantee future results. Real-money trading on any third-party platform you reach through Algobit (if any) carries substantial risk of loss; consult a licensed financial adviser before depositing funds anywhere.
12. Cookies and similar technologies
The App itself does not use web cookies. Price charts inside the App are provided by TradingView, which may use cookies or similar browser storage under its own policy. We use Android system identifiers (AAID, App Set ID) and on-device storage (SharedPreferences, DataStore, Room database) only for the purposes described above.
13. Changes to this policy
We may update this Privacy Policy. If we make material changes, we will take reasonable steps to let you know, for example in the App. The latest version is always at https://algobit.app/privacy with a clear "Effective date" at the top.
14. Contact
Privacy enquiries: privacy@algobit.app
Data Protection Officer (EEA representative): TBA
Mailing address: TBA — contact via email; we will provide if needed
This policy is intended to comply with the EU General Data Protection Regulation (Regulation (EU) 2016/679), the UK Data Protection Act 2018, the California Consumer Privacy Act / CPRA, Brazil's LGPD, and Google Play Developer Program Policies in effect as of the date above.