This Privacy policy was last updated on 03/07/2025
This Privacy Policy is issued by SkynetXBT. ("Us" or "We" or "Our" or "Company"). Please note the terms of this Privacy Policy ("Privacy Policy") are for the reference of the User ("User" or "Consumer" or"You" or "Your") which is available on https://skynetxbt.ai. ("Platform"). Our Services governs the manner in which any data from which You can be identified ("Personal Data") is collected, processed, stored, transferred, and used by Us under Applicable Law. If You are not a User as suggested the Privacy Policy will not be applicable to You or Your affiliates or any party accessing the platform. The User hereby agrees and confirms that availing of the Services means that the User has explicitly consented to the terms of this Privacy Policy.
Welcome to SkynetXBT, an artificial intelligence-powered trading simulation platform that enables Users to observe, analyze, and learn from autonomous AI trading agents executing simulated cryptocurrency trading strategies. Our Platform leverages sophisticated machine learning algorithms and real-time market data to demonstrate automated trading decisions in a simulated environment for educational and research purposes only. All trading activities displayed on the Platform are simulations and do not involve actual financial transactions or real money.
SIMULATION PLATFORM ONLY: SkynetXBT is a simulation and educational platform that does not facilitate, execute, or process any actual cryptocurrency trades, financial transactions, or real-money trading activities. All trading agents, trading strategies, market positions, profit and loss calculations, and performance metrics displayed on the Platform are simulated for educational, research, and demonstration purposes only. No real funds, cryptocurrencies, or financial assets are at risk or involved in any capacity.
NO FINANCIAL ADVICE: The Services provided by SkynetXBT, including but not limited to simulated AI trading agents, algorithmic trading demonstrations, market analysis, and any related information or data visualizations, are provided solely for informational, educational, and technological demonstration purposes and do not constitute financial, investment, trading, or legal advice. Users acknowledge and agree that SkynetXBT does not provide personalized investment recommendations or advice regarding actual trading or investment strategies.
EDUCATIONAL PURPOSE: The Platform is designed to: (a) demonstrate artificial intelligence capabilities in analyzing market data; (b) provide educational insights into algorithmic trading concepts and strategies; (c) enable Users to observe and study trading patterns and decision-making processes in a risk-free simulated environment; and (d) facilitate research and learning about cryptocurrency markets without financial risk. Simulated performance results do not represent actual trading performance and should not be relied upon as predictive of results in actual trading scenarios.
NO REAL TRADING OR FINANCIAL SERVICES: Users expressly acknowledge and understand that: (i) SkynetXBT does not operate as a broker, dealer, exchange, investment advisor, or financial services provider; (ii) no actual buy or sell orders are placed on any exchange or trading venue; (iii) all displayed transactions are simulated and hypothetical; (iv) Users do not deposit, transfer, or withdraw any real funds or cryptocurrencies through the Platform; and (v) no actual profits or losses can be realized from simulated trading activities.
ACTUAL TRADING RISKS: Should Users choose to engage in actual cryptocurrency trading based on knowledge or insights gained from the Platform, they acknowledge that: (a) real cryptocurrency trading involves substantial risk of financial loss; (b) simulated performance does not guarantee or predict actual trading results; (c) actual market conditions, execution costs, slippage, and other factors materially differ from simulated environments; (d) Users should conduct independent research and consult qualified financial professionals before engaging in any actual trading; and (e) SkynetXBT bears no responsibility for any actual trading decisions or outcomes made by Users outside the Platform.
LIMITATION OF LIABILITY: To the maximum extent permitted by applicable law, SkynetXBT, its affiliates, officers, directors, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, or special damages arising from or related to: (i) use of the simulation Platform and Services; (ii) reliance on simulated performance data or AI agent strategies; (iii) any actual trading decisions made based on information observed on the Platform; or (iv) any other matter relating to the Platform, whether based in contract, tort, negligence, strict liability, or otherwise.
| What We collect | Why We collect it |
| Registration and login data: Your name, mobile number, email, user-ID, password, or any information We ask You on the Platform. |
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| Log Data: Information We automatically collect when You use the Platform, whether through the use of cookies, web beacons, log files, scripts, or any other information of similar kind. | |
| Surveys: We may ask You to undertake surveys or fill questionnaires from time to time. Some of these will require You to give Us additional personal information or data. These surveys or questionnaires may also be conducted by the Partners, Our Service Providers, or any other third- party. Device data: Information We collect from the devices You use to access or operate the Platform. This includes, without limitation, information about Your device attributes and identifiers, plugins, name of Your mobile operator or ISP, SMS, device language, time zone, IP address, connection speed, device applications, contact list, or any information available on such device | |
| Customer support data: Any information that You provide to Our customer support team or Our helpdesk periodically. |
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| Location data: Information that We derive from Your device or from the location/address details You provide Us while using the Platform. |
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| Wallet data: We may collect Wallet information including but not limited to blockchain address, transfers, balances, transactions and IP address |
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| KYC data: We may collect KYC data such as bank account details and/or identification proof documents in accordance with our AML/KYC Policy. |
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| Correspondence data: We may collect any communications and/or information You provide directly to Us via email, social media or another channel (such as Discord). This includes the content and metadata associated with the communication. |
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At SkynetXBT, we leverage cutting-edge artificial intelligence capabilities to enhance our Services. To achieve this, we utilize APIs from third-party AI providers, which may include, but are not limited to, Anthropic, Google, and OpenAI.
By using our Services, you acknowledge and agree to our use of these third-party AI API providers under the terms described in this Privacy Policy. We continuously review our practices and relationships with third-party providers to ensure the highest standards of data privacy and security.
The use of raw or derived user data received from Workspace APIs will adhere to the Google User Data Policy, including theLimited Use requirements.
Your account is protected by a password for Your privacy and security. If You access Your account via a third-party site or service, You may have additional or different sign-on protections via that third party site or service. You must prevent unauthorized access to Your account and Personal Information by selecting and protecting Your password and/or other sign-on mechanism appropriately and limiting access to Your computer or device and browser by signing off after You have finished accessing Your account. We endeavor to protect the privacy of Your account and other Personal Information We hold in Our records, but unfortunately, We cannot guarantee complete security. Unauthorized entry or use, hardware or software failure, and other factors, may compromise the security of User information at any time.
If User are a resident of the European Economic Area ("EEA") or Switzerland, You may have additional rights under the General Data Protection Regulation ("GDPR") and other applicable law with respect to Your Personal Data, as outlined below. For this section, We use the terms "Personal Data" and "Processing" as they are defined in the GDPR, but "Personal Data" generally means information that can be used to individually identify a person, and "Processing" generally covers actions that can be performed in connection with data such as collection with data such as collection, use, storage and disclosure. The Company will be the controller of User Personal Data processed in connection with the Site.
1. General Data Protection Regulation (GDPR) Data Protection Rights-
If the GDPR is applicable to You, You may make a request, and the Company will endeavour to respond to You within the timeline as per applicable law.
I. Data Processing Agreements
Under the GDPR, "Data Controllers" (i.e. entities that determine the purposes and means of processing data) are required to enter into agreements with other entities that process data on their behalf (called "data processors"). SkynetXBT offers its customers who are controllers of EU personal data. This includes SkynetXBT's commitment to process Personal Data consistent with the instructions of the data controller.
II. Privacy Documentation
At its core, the GDPR is focused on transparency, fairness, and accountability. Accordingly, the law requires organizations to maintain documentation about their privacy practices and their decisions about how they handle individuals' personal data. SkynetXBT shares the GDPR's commitment to these principles and has included within its ongoing GDPR compliance program documentation about its data collection and processing activities, and the various policies and guidelines it follows pursuant to the GDPR. You can learn more about how SkynetXBT collects, uses, and discloses personal data by visiting SkynetXBT's Privacy Policy.
III. Data Security
The GDPR requires organizations to use appropriate technical and organizational measures to protect the security, confidentiality, and integrity of personal data. This means that an independent third party has both validated our processes and practices with respect to these three trust services criteria and confirmed our ability to maintain compliance with the controls we have implemented. We have likewise implemented a variety of safeguards to protect the security of our platform, including encrypting web connections to protect data transmissions, replicating our databases to support reliability of the platform, and controlling access to our facilities and office network. SkynetXBT also offers customers the ability to use additional security controls to further enhance the security of their teams' data.
IV. California Consumer Privacy Act (CCPA)
2. Family Educational Rights and Privacy Act
The Family Educational Rights and Privacy Act (FERPA) is a federal law that requires academic institutions like colleges and universities to protect the privacy of students' educational records. SkynetXBT enables our customers to comply with FERPA by ensuring personal data is kept secure and only used to provide our services as described in our Terms of Service and Privacy Policy. SkynetXBT contractually commits to not disclosing customer data except as directed by the contracting academic institution, as allowed by our terms, or as required by law.
3. Act on the Protection of Personal Information
We take steps that are reasonably necessary to securely provide our Platform. We have put in place reasonably appropriate security measures designed to prevent your personal data from being accidentally lost, used or accessed in an unauthorized way, altered or disclosed. We limit access to personal data only to those employees, agents, contractors and the third parties who have a business need-to-know. We also have procedures in place to deal with any suspected data security breach. If required, We will notify You and any applicable regulator of a suspected data security breach. We also require those parties to whom We 12 transfer Your personal information to provide acceptable standards of security. Notwithstanding, no Internet or email transmission is ever fully secure or error free. In particular, email sent to or from the Services may not be secure. Therefore, take special care in deciding what information You send to us via email. For any questions about the security of Your information, please contact privacy@SkynetXBT.com.
We retain Personal Data about You for as long as You have an open account with Us and for 18 months after You close Your account. In some cases We retain Personal Data for longer, if doing so is necessary to comply with Our legal obligations, resolve disputes or collect fees owed, or is otherwise permitted or required by applicable law, rule or regulation. Afterwards, We retain some information in a depersonalized or aggregated form but not in a way that would identify You personally.
We do not knowingly collect or solicit Personal Data from anyone under the age of 16 years. If You are under 16 years, please do not attempt to register for the Services or send any Personal Data about You to us. If We learn that We have collected Personal information from a child under age 16, We will delete that information as quickly as possible. If You believe that a child under 16 may have provided Us Personal Data, please contact us at zoe@skynetxbt.ai
To keep Your information accurate, current, and complete, please contact Us as specified below. We will take reasonable steps to update any information in Our possession that You have previously submitted via the Platform. Note that You may also manage Your communications preferences and the receipt of any commercial communication by clicking the "unsubscribe" link included at the bottom of all emails from SkynetXBT. You may also adjust Your preferences through Your account settings if You have a SkynetXBT account, or send an email to zoe@skynetxbt.ai.
If you have any questions or suggestions regarding this Privacy Policy, please contact us at zoe@skynetxbt.ai.