Privacy Policy

Last updated: March 07, 2026

1. Information We Collect

Account Information: When you register, we collect your name, email address, phone number, and password.

Payment Information: We collect payment details necessary to process transactions. Payment information is handled securely through third-party payment processors (Stripe, PayPal, Klarna) and is not stored on our servers.

Shipping Information: We collect shipping addresses to fulfill orders.

Usage Data: We automatically collect information about how you interact with the Platform, including IP address, browser type, pages visited, and auction activity.

2. How We Use Your Information

We use your information to:

  • Process transactions and fulfill orders
  • Send auction notifications (outbid alerts, win confirmations)
  • Improve the Platform and user experience
  • Prevent fraud and maintain security
  • Communicate about your account and our services
  • Comply with legal obligations

3. Information Sharing

We do not sell your personal information. We share information only with:

  • Vendors: Shipping details necessary to fulfill your order
  • Payment Processors: To process transactions securely
  • Service Providers: Who assist in operating the Platform
  • Legal Requirements: When required by law or to protect our rights

4. Data Security

We implement industry-standard security measures including encryption, secure connections (HTTPS), and regular security audits to protect your information. However, no method of transmission over the Internet is 100% secure.

5. Cookies

We use cookies and similar technologies to maintain your session, remember preferences, and analyze Platform usage. You can control cookies through your browser settings, but disabling them may affect Platform functionality.

6. Your Rights

You have the right to:

  • Access and update your personal information via Account Settings
  • Request deletion of your account and associated data
  • Opt out of marketing communications
  • Request a copy of your data

7. Data Retention

We retain your information for as long as your account is active or as needed to provide services. Transaction records are retained as required by applicable tax and commerce laws.

8. Children's Privacy

BidsSxm is not intended for users under 18 years of age. We do not knowingly collect information from minors.

9. Changes to This Policy

We may update this Privacy Policy periodically. We will notify you of significant changes via email or Platform notification.

10. Contact Us

For privacy-related inquiries, contact us at privacy@bidssxm.com.