Privacy Policy
This Privacy Policy outlines how TTTEDDEL | BIDDER (“we”, “our”, or “us”) collects, uses, and protects your personal data in the context of participating in online bidding and auctions on our platform.
1. Information We Collect
- Personal identification: Name, email, phone number, national ID/passport
- Deposit and payment details (via secure payment gateways)
- Bid history and bidding behavior
- Device data, IP address, and location (for security purposes)
2. Use of Information
We use your information to:
- Enable account registration and participation in live auctions
- Manage bid submissions and real-time auction updates
- Communicate winning bids and settlement instructions
- Facilitate refunds or rollover of deposits based on bidder instructions
3. Deposits & Refunds
- All bidders must place a refundable deposit to participate in select auctions.
- Deposits are fully refundable or can be rolled over to future bids, based on the bidder’s written preference.
- All transaction and refund processing fees are borne by the bidder.
4. Winning Bids & Payment Terms
- If you win a bid, full payment must be completed by the deadline provided at the end of the auction.
- Failure to complete payment on time may result in cancellation of your win and forfeiture of a percentage of your deposit.
- The specific forfeiture percentage may vary depending on the auction terms.
5. Data Security
We implement strict technical and organizational security measures to protect your personal and transactional data. Your deposit and payment details are processed using secure third-party payment providers.
6. Data Sharing
We do not sell or trade your personal information. However, we may share it with service providers (e.g., payment processors or legal authorities) only when necessary to support your transactions or comply with applicable laws.
7. Your Rights
You may request to update or delete your account data. For data deletion, we may retain transaction records for compliance purposes. Please contact us at our contact page for any such requests.
8. Policy Updates
We reserve the right to update this Privacy Policy. Any significant changes will be communicated on our platform.
By participating in auctions or placing bids, you agree to this Privacy Policy and our Terms & Conditions.