Privacy Policy

Privacy Policy for GoldSpot.vip

Effective Date: March 10, 2026

At GoldSpot.vip, we are committed to protecting the privacy and security of our investors. This Privacy Policy explains how we collect, use, and safeguard your personal information when you use our auction platform.

1. Information We Collect

To provide a secure bidding environment, we collect the following:

  • Identity Data: Full name, username, and government-issued ID (required for high-value precious metals transactions under Anti-Money Laundering (AML) regulations).

  • Contact Data: Email address, telephone number, and physical shipping address.

  • Financial Data: Payment details (processed through secure, encrypted gateways) and transaction history.

  • Technical Data: IP address, browser type, and cookies (including reCAPTCHA data to prevent bot activity).

2. How We Use Your Data

We process your information for the following legal reasons:

  • To Perform a Contract: To register your account, manage your bids, and ship won items.

  • Legal Compliance: To meet Spanish and EU financial reporting and AML (Anti-Money Laundering) requirements.

  • Communication: To send you auction updates, invoices, and our newsletter (if you have opted-in).

3. Data Sharing and Third Parties

We never sell your personal data. We only share information with essential service providers:

  • Secure Couriers: (e.g., FedEx, UPS) to deliver your bullion.

  • Payment Processors: To handle secure encrypted transactions.

  • Legal Authorities: Only when required by Spanish law or tax regulations (Agencia Tributaria).

4. Data Retention

Under Spanish law, we are required to keep records of financial transactions and identity verification for a minimum of 5 to 10 years, depending on the transaction volume, to comply with tax and AML audits.

5. Your Rights (GDPR)

As a user in the European Union, you have the following rights:

  • Access: Request a copy of the data we hold about you.

  • Rectification: Correct any inaccurate information.

  • Erasure (Right to be Forgotten): Request deletion of your data (provided there is no legal requirement to keep it).

  • Portability: Request your data in a structured, machine-readable format.

6. Security Measures

Your data is stored on secure servers with SSL encryption. We use industry-standard protocols to ensure that your identity and your assets remain protected from unauthorized access.

7. Contact Us

For any questions regarding your privacy or to exercise your rights, please contact our Data Protection Officer at:

Email: admin@goldspot.vip