Privacy Policy Last updated: 24/02/2024
We at Wohlstands Genie AI are dedicated to protecting your Personal Data and safeguarding your privacy.
This Privacy Policy has been crafted to inform you about how Wohlstands Genie AI manages, collects, stores, and utilizes the information you provide in connection with the website (the “Website”).
We are committed to upholding the following principles:
• To maintain transparency in the collection and processing of your Personal Data:
At Wohlstands Genie AI, we prioritize keeping you well-informed, enabling you to make informed decisions regarding the use of your Personal Data on our Website or when engaging with a third-party trading platform. We implement various strategies and methods to provide you with relevant information on how your Personal Data is processed, ensuring that this information is conveyed accurately and in a timely manner.
Furthermore, if it is necessary to provide you with specific information, we will ensure it is delivered at the right time and place.
We are also here to answer any questions you may have and to offer any clarification you need, within legal boundaries. To contact us, please send an email to: support@
• To process your Personal Data solely for the purposes outlined in this Policy:
The purposes for which Wohlstands Genie AI may process your Personal Data include, among other things, making the Website available to you andoffer you a connection to third-party trading platforms (the “Services”) to elevate the user experience on the Website, enhance the Services (including the Website), safeguard Our rights and interests, conduct business and administrative activities supporting the Services' provision to Website users, and/or adhere to any legal and/or regulatory obligations.
Furthermore, We will process Personal Data about you to gain insights into your personal needs and preferences.
• To invest substantial resources to uphold your rights concerning Personal Data about you:
We dedicate significant resources to enable you to exercise your rights as a data subject. You are welcome to contact Us anytime you wish to review Personal Data about you, request amendments, erasure, cessation of use for specific purposes or in general, or transfer it to yourself or a third party. We will comply with your requests in accordance with the law.
•To ensure the security of Personal Data about you:
While We cannot guarantee absolute protection of the Personal Data about you, We assure you that We utilize and will continue to implement a broad range of methods and measures aimed at safeguarding the Personal Data about you.
Our Comprehensive Privacy Policy
1. The Scope?
This Policy outlines the type of Personal Data the Company gathers about natural persons, its methods of collection, usage, sharing with third parties, security measures, processing, etc.
In this Policy, “Personal Data” refers to any information related to an identified or identifiable natural person. An identifiable natural person is someone who can be identified, directly or in combination with additional information that We possess or have access to.
In this Policy, the “processing” of Personal Data refers to any operation or series of operations performed on Personal Data, including the collection, recording, organization, structuring,storage, adaptation or alteration, retrieval, consultation, use, disclosure by transmission, dissemination or otherwise making available, alignment or combination, restriction, erasure, or destruction of Personal Data.
Our Services are designed for a broad audience and are not aimed at individuals under the age of 18. We do not intentionally collect or solicit data from anyone under 18 or knowingly permit such individuals to use our Services. If we discover that we've gathered information about a child, we will promptly take reasonable measures to delete that data.
2. When Do We Collect Personal Data About You?
We gather Personal Data about you whenever you engage with the Services, interact with the service channels, and visit the Website. In some cases, you will provide us with Personal Data directly, while in other situations, we will collect your data by analyzing your interaction with Our Services and/or Our service channels or receive it from our third-party partners.
3. No Obligation To Provide Personal Data To The Company And Its Implications
You are not required to furnish us with any Personal Data. However, in certain scenarios, not providing such information may hinder our ability to offer you the Services, restrict your access to the Website, and/or result in the malfunctioning of the Services and the Website.
4. What types of Personal Data do We collect? Personal Data We collect upon each visit to the Website:
This data includes online activity logs, traffic information (including, without limitation, IP address, access time, access date, web and mobile pages visited, language preferences, software crash reports, and browser type), as well as details regarding the device you used. Some of this data may not personally identify you and, therefore, does not constitute Personal Data.
Personal Data We receive from you: Any Personal Data you willingly provide to us when connecting with a third-party trading platform through Wohlstands Genie AI.
Personal Data You provide for third-party platform submission for trading purposes: This information encompasses your full name, telephone number, and email address.
5. Objectives and Legal Grounds for Personal Data Processing
Wohlstands Genie AI handles your Personal Data for one or several of the purposes specified in this section, adhering to the relevant legal foundation.
Wohlstands Genie AI will not process your Personal Data without a valid legal reason. The legal grounds under which your Personal Data may be processed are as follows:
- Your consent for processing your Personal Data for specific purposes has been granted. This includes scenarios where you provide your details via the Website, allowing us to forward them to third-party trading platforms.
- Processing is required to fulfill the legitimate interests pursued by Wohlstands Genie AI or a third party. For instance, enhancing Our Services or for legal claim defense or exercise.
- Processing is essential for compliance with a legal obligation that Wohlstands Genie AI must adhere to.
If you need further clarification on how your Personal Data processing serves the legitimate interests of Wohlstands Genie AI or a third party, please do not hesitate to contact us via email at any time.
Here, we provide a concise overview of the reasons for processing your Personal Data, along with the legal justifications for such actions:
| Purpose | Legal Basis | |
| 1 |
Facilitating third-party engagements at your request to advance your digital and trading endeavors. We might gather Personal Data about you to share with third parties, should you explicitly ask us to do so. |
You have provided consent for the handling of your Personal Data for specific objectives. |
| 2 |
Addressing your inquiries, requests, and/or concerns Handling your Personal Data is essential to effectively respond to any questions you may have about utilizing our Services. |
Processing is vital for fulfilling the legitimate interests of the Company or a third party. |
| 3 |
To adhere to legal duties or comply with judicial or administrative directives We handle your Personal Data to meet Our diverse legal responsibilities. |
Processing is essential for meeting a legal obligation that the Company must adhere to. |
| 4 |
To enhance Our Services We might utilize your Personal Data to refine Our Services. This includes, among other things, any crash logs or malfunction reports related to the Services. |
Processing is necessary for the pursuit of legitimate interests by the Company or a third party. |
| 5 |
To prevent fraud and misuse of Our Services |
Processing is necessary for the pursuit of legitimate interests by the Company or a third party. |
| 6 |
To conduct and sustain various activities that support Our Service offerings Such endeavors encompass back-office tasks, business development initiatives, strategic decision-making, oversight processes, and more. |
Processing is essential to serve the legitimate interests pursued by the Company or by a third party. |
| 7 |
To conduct analysis, including statistical evaluations We employ various analytical methods (including statistical evaluations) to make informed decisions on diverse matters. |
Processing is essential to serve the legitimate interests pursued by the Company or by a third party. |
| 8 |
To safeguard Our and third parties' interests, rights, and assets, including the initiation, exercise, or defense of legal claims We may handle your Personal Data to safeguard Our interests, rights, and assets, or those of third parties, in accordance with any law, regulation, or agreement, including any of Our terms, conditions, and policies. |
Processing is essential to serve the legitimate interests pursued by the Company or by a third party. |
6. Transfer Of Personal Data To Third Parties
At Wohlstands Genie AI, we might share your Personal Data with third-party service providers, including those offering storage and hosting solutions, IP address analytics, user experience evaluation, research, and other analytical, technical, and diagnostic services.
You may also request that we provide specific Personal Data about you to third-party trading platforms. In such cases, we will transmit the necessary Personal Data you supply to us for this purpose to the relevant third parties, whose handling of your Personal Data will be governed by their respective privacy policies. We may share your Personal Data with various third-party trading platforms.
Wohlstands Genie AI may also distribute your Personal Data among its affiliated entities and business partners, which provide resources that enable us to enhance and elevate the quality of services and products we deliver to our users.
We may also disclose your Personal Data to governmental, local, official, and regulatory authorities if required, to protect our and third parties' interests, rights, and assets, including initiating, exercising, or defending legal claims.
Additionally, we may reveal Personal Data about you to potential buyers, investors, or lenders of Wohlstands Genie AI or any associated companies, in the event of transactions like asset sales, mergers, reorganizations, consolidations, or bankruptcies within our corporate group.
7. Cookies and Third-Party Services
Wohlstands Genie AI might utilize third-party services, such as analytics firms or advertising companies on our website, which may employ cookies or similar technologies, with their practices being governed by their own policies.
A cookie (a small text file) may be placed on the device you use to visit or access the Website. These cookies are used to gather information about you and your interactions, aiming to
enhance your user experience, remember your preferences and settings, and tailor products and services that might captivate your interest. Cookies can also be employed to gather statistics and perform analytics.We might utilize both session cookies, which are temporarily downloaded to your device and last until you close your browser, and persistent cookies, which remain on your device after you finish browsing the Website. These persistent cookies can assist the Website in recognizing you as a returning visitor when you come back.
Types of cookies:
The cookies we may implement are categorized based on their functionality as follows:
| Type of Cookie | Purpose | Additional Information |
| Strictly Necessary Cookies |
These cookies are crucial for enabling navigation on the Website and using the features you request. They facilitate access to the content, products, and services you seek from Wohlstands Genie AI. They are vital for your device to download or stream information, allowing seamless navigation, feature usage, and revisiting previously accessed pages. |
These cookies collect Personal Data such as your username and last login date, identifying you as logged into the Website. These cookies are removed when you close your browser session. |
| Functionality Cookies | These cookies recognize you upon your return to the Website, allowing Us to remember your selections and preferences. | These cookies persist even after your browser is closed and remain active until they reach their set expiration. |
| Performance Cookies | These cookies provide aggregate statistics regarding the Website's performance, helping us to test and enhance user experience. They also enable Us to conduct analytical assessments on the Website. |
These cookies gather anonymized data not linked to any identifiable individual. The validity of these cookies varies; some are removed when you close your browser, while others remain valid indefinitely. |
Blocking and Deleting Cookies
You have the option to adjust your browser settings to block or remove some or all cookies. Below are links to instructions for some of the most commonly used web browsers:
- Firefox
- Microsoft Edge
- Google Chrome
- Safari
Please be aware, however, that if you proceed, certain or all features and functionalities of the Website might not operate as designed.
ONLINE TRACKING NOTICE
AT THIS TIME, THIS SERVICE DOES NOT SUPPORT DO-NOT-TRACK SIGNALS.
8. Retention Of Personal Data About You
Wohlstands Genie AI will keep your Personal Data for the duration necessary to achieve the purposes of processing outlined in this Policy, or for an extended period if mandated by applicable laws, regulations, policies, and orders.
We may share your information with third-party trading platforms for a period of 12 months and, subject to our approval, extend this period for an additional 12 months.
To ensure that your Personal Data is not held longer than needed, we regularly review retained data to determine if any can be deleted.
9. Transfers of Personal Data To A Third Country Or An International Organization
Your Personal Data may be transferred to a different country (i.e., jurisdictions outside of your residence) or to international organizations. In such cases, Wohlstands Genie AI will implement suitable measures to protect your Personal Data and ensure that enforceable data subject rights and effective legal remedies are accessible.
If you reside in the EEA (European Economic Area), please be informed that these protections and safeguards will be in place if any of the following conditions are satisfied:
- The transfer involves a third country or an international organization deemed by the EU Commission to offer a satisfactory level of protection for the Personal Data being transferred, in accordance with Article 45(3) of Regulation (EU) 2016/679 of the European Parliament and of the Council dated 27 April 2016 (the "GDPR").
- The transfer follows a legally binding and enforceable instrument between public authorities or bodies as per Article 46(2)(a) of the GDPR; or
- The transfer complies with standard data protection clauses approved by the EU Commission in accordance with Article 46(2)(c) of the GDPR. These clauses can be accessed at https://ec.europa.eu/info/law/law-topic/data-protection/data-transfers-outside-eu/model-contracts-transfer-personal-data-third-countries_en.
You may request details from Wohlstands Genie AI regarding the safeguards it uses to protect your Personal Data when transferred to a third country or international organization by sending an email to the following address: support@
10. Protection Of Your Personal Data
We employ suitable technical and organizational measures to maintain a proper level of security for Personal Data, considering the risks associated with processing, particularly against accidental or unlawful destruction, loss, alteration, unauthorized disclosure, or access to Personal Data that is transmitted, stored, or otherwise processed.
While we strive for excellence, Wohlstands Genie AI cannot promise an error-free experience concerning the privacy of your Personal Data. We shall not be liable for any indirect, incidental, consequential, or punitive damages related to the use or release of your Personal Data, including but not limited to, disclosure due to transmission errors, unauthorized third-party access, or other causes beyond our reasonable control.
We may be obligated, due to legal or other external requirements beyond our control, to transfer your Personal Data to third parties,like public authorities. In such cases, our influence over how your Personal Data is safeguarded by these third parties is quite limited.
Transmitting Personal Data over the internet can never be completely secure. Hence, Wohlstands Genie AI cannot guarantee the protection of your Personal Data when it is being transferred to us via the internet.
11. Links To Websites of Third Parties
Our Website might include links to third-party websites and/or applications. Wohlstands Genie AI does not oversee these websites or applications, nor do we manage the collection and processing of your Personal Data by them. Consequently, we hold no responsibility for these websites or applications, nor for their privacy and data protection practices. This Policy is not applicable to any actions undertaken via such websites and/or applications.
When you visit these third-party websites and/or applications, we strongly advise you to thoroughly review their privacy policies before using them and before disclosing any Personal Data.
13. Your Rights Regarding Your Personal Data
In general, you have the right to request confirmation from us on whether we are collecting your Personal Data, to review it, to amend it if necessary, and to delete any Personal Data no longer needed by Wohlstands Genie AI. You may also limit your consent to specific processing activities involving your Personal Information.
If you are a resident of the EEA, please review this section below:
You have specific rights concerning your Personal Data. To exercise these rights, please send your request to the following email address:
Right of access
You have the right to obtain confirmation from Wohlstands Genie AI regarding whether your Personal Data is being processed, and if so, to access the Personal Data along with the following details:information: (1) the purposes behind the processing; (2) the types of Personal Data involved; (3) the recipients or categories of recipients to whom the Personal Data has been or will be disclosed, especially those in third countries outside the European Economic Area (EEA) or international organizations; (4) if feasible, the intended duration for which the Personal Data will be stored, or, if not feasible, the criteria used to establish that period; (5) the right to request from the Company the rectification or erasure of Personal Data or restriction of processing of Personal Data concerning you, or to object to such processing; (6) the right to file a complaint with a supervisory authority; (7) if the Personal Data is not collected directly from you, any available information regarding its source; (8) the existence of profiling; and (9) if Personal Data is transferred to a third country outside the EEA or to an international organization, the appropriate safeguards concerning the transfer.
The Company will provide a copy of the Personal Data undergoing processing and may impose a reasonable fee for any additional copies you request. If your request is made electronically, and unless you specify otherwise, the information will be provided in a widely used electronic format.
The right to obtain a copy of the Personal Data should not negatively impact the rights and freedoms of others. Therefore, if fulfilling the request compromises the rights and freedoms of others, the Company may either not comply with your request or do so in a limited capacity.
Right to rectification
You are entitled to have the Company rectify any inaccurate Personal Data about you. Considering the processing purposes, you have the right to have incomplete Personal Data about you completed, which may include providing a supplementary statement.
Right to erasure
The following grounds apply: (a) the Personal Data is no longer necessary for the purposes for which it was collected or otherwise processed; (b) you withdraw your consent on which the processing is based and there is no other legal basis for the processing; (c) you object at any time, on grounds related to your specific situation, to the processing of Personal Data about you that is based on the legitimate interests pursued by us or by a third party, and there are no overriding legitimate grounds for the processing; (d) you object to the processing of Personal Data about you for direct marketing purposes; (e) thePersonal Data has been unlawfully processed; or (f) the Personal Data concerning you needs to be erased to comply with a legal obligation in European Union or Member State law applicable to the Company.
This right is not applicable if the processing is necessary (a) for compliance with a legal obligation requiring processing by European Union or Member State law applicable to the Company; or (b) for the establishment, exercise, or defense of legal claims.
Right to Restrict Processing
You are entitled to request the Company to limit the processing of your Personal Data under the following conditions: (a) you dispute the accuracy of your Personal Data, allowing the Company time to verify its accuracy; (b) the processing is unlawful and you prefer restriction over erasure of your Personal Data; (c) the Company no longer needs your Personal Data for processing purposes, but you require it for legal claims; (d) if processing your Personal Data is necessary for the Company's or a third party's legitimate interests, unless compelling legitimate grounds for processing are demonstrated that outweigh your interests, rights, and freedoms, or for legal claims; or (e) if your Personal Data is processed for direct marketing purposes, including profiling, to the extent it relates to such marketing.
If processing your Personal Data has been restricted following your request, such data shall only be processed, aside from storage, with your consent or for legal claims, the protection of another individual's rights, or for important public interest reasons of the European Union or a Member State.
Right to Data Portability
You hold the right to receive your Personal Data, provided to the Company, in a structured, commonly used, and machine-readable format. You can also transfer that data to another entity if processing is based on your consent or a contract you are involved in, and if processing is automated.
When you exercise your right to data portability, you can have your Personal Data transferred directly from the Company to another entity, provided it's technically feasible. This right does not impact your or the Company's rights regarding data deletion. Additionally, using this right should not adversely affect the rights and freedoms of others.
Right to Withdraw Consent
You can withdraw your consent for us to process your Personal Data at any time, which will not affect the legality of any processing done before your withdrawal.
Right to Object
You hold the right to object to the processing of your Personal Data at any point, especially if it pertains to your specific situation, and when the processing is based on the legitimate interests of the Company or a third party. This includes any profiling related to these interests. Upon your objection, we will cease processing your Personal Data unless we can prove compelling legitimate reasons for the processing that outweigh your interests, rights, and freedoms, or for the establishment, exercise, or defense of legal claims.
You also have the right to oppose the processing of your Personal Data for direct marketing purposes at any time, including any related profiling.
Right to Lodge a Complaint with a Supervisory Authority
You are entitled to lodge a complaint with a supervisory authority established by a Member State to safeguard the fundamental rights and freedoms of natural persons concerning the processing of Personal Data within the European Union.
Your rights concerning your Personal Data as described in this section 13 may be restricted by European Union or Member State law to which the Company is subject.
We will provide you with the information requested according to your rights outlined in this section 13 without undue delay and within one month of receiving the request. This period may be extended by an additional two months if necessary, considering the complexity and number of requests. We will inform you of any such extension within one month of receiving your request, along with the reasons for the delay.
The information requested according to your rights outlined in this section 13 shall be provided free of charge unless otherwise specified in this section 13. Where requests are manifestlyif deemed excessive or unwarranted, especially due to their repetitive nature, we may either (a) impose a reasonable fee that reflects the administrative expenses incurred in providing the requested information or communication, or (b) decline to fulfill the request.
To address your requests as per the rights described in this section 13, [Wohlstands Genie AI] may require additional details to verify your identity if there are reasonable doubts regarding the identity of the individual making the request.
12. Updates to This Policy
[Wohlstands Genie AI] reserves the right to modify the terms of this Policy from time to time. Upon any such modification, we will notify you by updating the Policy on our Website. Additionally, for significant changes, we will make every effort to inform you through channels we deem suitable, as well as by posting a notice on our Website. Unless specified otherwise, all modifications will become effective once the updated Policy is published on our Website.