Post
Topic
Board Economics
Re: Credit organizations and privacy policy
by
AniviaBtc
on 23/10/2019, 08:54:17 UTC
I found in privacy policy of one particular exchange that it transfers data about me to credit organizations. Actually the same is true for banks.
In what cases do they do this thing? If I make big enough trade volume at exchange, say $50,000 for year, is this information transferred as well? I suppose it happens only if you do margin trading or something... don't know much about it, except that you take loans from brokers...

Yeah I realize $50k is not big for you

Yes, privacy policy is for the security of people's information to avoid hacking and also to not let anyone just get your personal information. But it is always depend on your approval. While in terms of credit organizations, it has something to do with your money and your information about your account.