Last updated: January 2026
We collect information you provide directly: email address, phone number, NIN/BVN for identity verification, and transaction history necessary to operate the platform.
Your information is used to verify your identity, process transactions, prevent fraud, comply with regulatory requirements, and communicate with you about your account.
We do not sell your personal data. We may share information with regulatory authorities as required by Nigerian law, or with service providers who assist in operating the platform under confidentiality agreements.
We use industry-standard encryption and security practices to protect your data. No system is perfectly secure; please use a strong, unique password for your account.
You may request access to, correction of, or deletion of your personal data by contacting us. Some data must be retained for regulatory compliance even after account closure.
Privacy questions? Email us at support@velakoin.com.
This is a placeholder document. Full policy will be published before public launch.