Privacy Policy
Last updated: 7 June 2026
Effective date: 7 June 2026
1. Introduction
Welcome to KAT Exchange, the commercial IT asset liquidation platform operated by Key Asset Technologies LLC. We are committed to protecting your privacy and handling your personal information responsibly and transparently.
This Privacy Policy explains how we collect, use, share, and safeguard your personal data when you use our platform. We comply with applicable United States privacy laws.
2. Information We Collect
We collect the following categories of information:
- Account information — your name, email address, phone number, and national ID number.
- KYC documents — copies of your ID and proof of address for verification.
- Bidding activity — bids placed, items watched, and your auction history.
- Payment information — processed securely by Stripe; we do not store full card details.
- Technical data — IP address, browser type, and device information.
- Cookies and tracking technologies — see our Cookie Policy for details.
3. How We Use Your Information
We use your information to:
- Manage your account and authenticate you.
- Process bids and run auctions.
- Process payments and issue invoices.
- Meet legal and tax compliance obligations with the IRS and applicable authorities.
- Improve our services and perform analytics.
- Communicate with you about your account.
4. Information Sharing
We share your information only where necessary, with:
- Logistics partners — to facilitate asset collection and delivery.
- Payment processors — Stripe, to handle card transactions.
- Service providers — email, hosting, and infrastructure partners.
- Legal authorities — when required by law.
We NEVER sell your data to third parties.
5. Data Security
We protect your data through:
- Encryption in transit (HTTPS/TLS).
- Encryption at rest (managed cloud infrastructure).
- Access controls and audit logs.
- Regular security reviews.
- Breach notification within 72 hours as required by law.
7. Your Rights
Under applicable US privacy laws, you have the right to:
- Access your data.
- Correct inaccurate data.
- Delete your data.
- Data portability.
- Object to processing.
- Lodge a complaint with the relevant authority.
8. Data Retention
- Account data — while your account is active, plus 7 years.
- Bidding history — 7 years (legal requirement).
- Financial records — 7 years (tax law).
- Marketing data — until you unsubscribe.
9. International Transfers
- Data is primarily stored in the United States.
- Some services use international providers.
- Adequate safeguards are in place for any transfer.
10. Children's Privacy
- The service is not available to anyone under 18.
- We do not knowingly collect data from minors.
11. Changes to This Policy
- We may update this policy from time to time.
- You will be notified of significant changes.
- Continued use of the platform constitutes acceptance.
12. Contact Us
Data Protection Contact
- Email: privacy@katexchange.com
- Address: 220 N Green Street, Chicago, IL 60607, USA
Questions? privacy@katexchange.com
Last reviewed by counsel: 7 June 2026
