Stake’s Privacy Policy Highlights

This Privacy Policy was developed by Medium Rare N.V., which owns and operates the Stake platform. It describes how Stake.com handles users’ personal information collected through their website and other websites and applications owned or operated by the company. The policy also covers information collected through interactions with the company.

Use of the Website

Users visiting the stake.com website agree to the terms of the Privacy Policy. Stake.com reserves the right to periodically update this document and make changes. All changes will be effective immediately after they are posted on the site. Continued use of the site after updates have been posted is deemed to be the user’s agreement to those changes. The Policy does not apply to third-party websites to which links may be posted and which are not under the control of Stake.com.

Stake may collect various types of personal information, including:

  • Name
  • Email address
  • Personal preferences provided by the user
  • Date of Birth
  • Country of Citizenship
  • Physical Address
  • Identification Number
  • Identity document issued by the state
  • Location data
  • Information about the device from which you are accessing
  • IP address.

Information is collected when you register your account and when you communicate with customers.

Objectives of Information Collection

Stake collects personal information for several reasons:

  • Verification of the identity of users under the Know Your Customer (KYC) policy.
  • Subscription to marketing newsletters and notifications about new products and company promotions.
  • Process membership applications and manage user accounts.
  • Improvement of the quality of services provided and adapting them to the needs of users.
  • Maintenance and managing accounts and fulfilling legal obligations.
  • Alerting users to products and services that may be of interest.
  • Performing statistical analyses to improve business processes.
  • Responding to user queries and comments.
  • Fulfilment of tax obligations and legal compliance.
  • Taking action in cases of suspected illegal activities or fraud.
  • Managing the recruitment process.

If a user fails to provide the requested information, Stake.com will not be able to process the membership application or provide the required services.

Stake may use personal information to send you information about products, services and promotional events. This may occur via email, SMS, phone calls or postal mail. Users may opt out of receiving such materials at any time by sending a request to [email protected]. The company may also contact users to manage their accounts, which does not affect their choices regarding marketing mailings.

In accordance with the EU General Data Protection Regulation, personal information is processed on the basis of:

  • Contract Execution
  • The legitimate interests of the company
  • User Consent
  • Fulfilment of Legal Obligations.

If a user is located in the European Economic Area and believes that the processing of their data violates the law, they have the right to lodge a complaint with the supervisory authority.

Information Governance and Security

The Company takes steps to ensure the accuracy and security of personal information that is collected and stored in the system. Information is retained for as long as necessary to fulfil the purposes for which it was collected or to meet legal and operational obligations. Once the information is no longer needed, it will be deleted or anonymised.

Data transmission via the Internet is not completely secure. Stake cannot guarantee the complete security of information transmitted by users. Once information is in its possession, the site takes reasonable steps to protect data from unauthorised access, loss and disclosure, using modern technology such as password protection systems and Secure Socket Layer (SSL) encryption. Users should also exercise caution when using open networks.

Personal information may be transferred to and stored in different countries, including countries where data protection laws may differ from those of the user’s country of residence. Stake.com endeavours to protect information in accordance with applicable laws.

Data Management

Users may access their personal information through the “Settings” section of the website or by sending a request to [email protected]. Stake will have access to the information within a reasonable time. If access is denied, the user will be provided with an explanation and information about the available avenues for filing a complaint.

Users can request the deletion of their data if Stake.com no longer has a legal obligation to store it. Requests for data deletion can be sent to [email protected]. However, the right to erasure is not guaranteed if there are data retention obligations.

For any questions or queries related to the processing of personal information, users can contact [email protected] or via the support chat on the website.

The Privacy Policy may be updated from time to time. All changes will be posted on https://stake.com and will be effective upon posting. Users should check back regularly for updates to stay informed of changes.