550 bd Privacy Policy

550 bd ("we", "us", or "the Platform") takes your privacy seriously. This Privacy Policy explains in detail how 550bd.ws What information we collect when you use our website or app, why we collect it, how long we keep it, and what rights you have. By using the site, you are considered to have accepted this policy.

550 bd collects only the data it needs — nothing more. All data we collect falls into three categories:

1.1 Information you provide directly

Information you provide directly when registering, logging in, or getting in touch:

• Full name (as shown on national ID)
• Mobile number (linked to bKash/Nagad/Rocket)
• Email address
• Date of Birth
• Address (collected during KYC verification)
• Government-issued ID copy (as part of the KYC process)

1.2 Automatically collected information

The following is collected automatically while you use the site:

• IP address and approximate location
• Device type, operating system, and browser information
• Browsing history and session duration on the site
• Click and navigation patterns
• Transaction History & Betting Activity

1.3 Data received from third parties

In some cases, we may receive limited information from mobile banking partners or identity verification services — solely for the purpose of confirming transactions.

550 bd uses collected data only for specific, legitimate purposes. No data is used unnecessarily or without your consent.

550 bd retains data only for as long as necessary. Data is kept while your account remains active. Upon account closure:

• Financial transaction data: Retained for up to 5 years due to legal obligations.
• KYC Documents: Retained for 5–7 years in accordance with regulatory requirements.
• Communication History: Deleted 2 years after account closure.
• Cookie and browsing data: Typically deleted within 30–90 days.
• Marketing data: Deleted immediately upon unsubscribing.

Unless required by law, data is permanently deleted or anonymized after the applicable retention period, so it can no longer be linked back to you.

550 bd never sells your personal information. However, limited data may be shared with trusted partners in certain circumstances:

When we share your data

• Payment Processors: Information required to confirm transactions made via bKash, Nagad, and Rocket.
• Identity Verification Services: Approved service providers for document verification as part of the KYC process.
• Law enforcement: Regulatory authorities in cases of lawful orders or legal obligations.
• Technology Infrastructure: Stored in encrypted form on secure cloud services.

When Data Is Not Shared

• To ad networks or marketing companies
• On competing platforms or third-party betting sites
• For any commercial purpose without your consent

550 bd uses cookies and similar technologies on its website and app. Cookies are small data files stored on your device that help improve your experience on the site.

Cookies We Use

• Essential Cookies: Used to maintain your login session and ensure security — these cannot be disabled.
• Performance Cookies: To understand which pages are used most — anonymous analytics only.
• Functionality cookies: To remember your language preferences and settings.
• Marketing Cookies: To show you relevant offers — only activated with your consent.

Cookie controls

You can delete or block cookies at any time through your browser settings. However, disabling essential cookies may cause certain features of the site to not function properly.

550 bd uses industry-leading technology to protect your data. Our security framework operates across multiple layers:

• 256-bit SSL/TLS Encryption: All data transmissions are fully encrypted.
• Data-at-Rest Encryption: Data stored on our servers is also encrypted.
• Two-factor authentication (2FA): An extra layer of security at login.
• Firewall & DDoS Protection: To prevent unauthorized access.
• Regular Security Audits: Regular audits conducted by independent third-party experts.
• Staff Training: Only authorized staff have access to limited data.

Please note — no one can guarantee 100% security on the internet. Keep your password strong and never share it with anyone. If you notice anything suspicious, let us know right away.

As a 550 bd user, you have several important rights regarding your data. To exercise these rights, email us at support@550bd.ws.

550 bd strictly does not serve anyone under the age of 18. Our privacy policy includes specific provisions for the protection of minors:

• Age verification is carried out at the point of registration.
• If proof of being a minor is found, the account is closed immediately.
• We never knowingly collect data from minors.
• Any data accidentally collected from a minor is deleted immediately.

If you suspect a minor has created an account, please contact us at support@550bd.ws.

550 bd may update this Privacy Policy from time to time. The nature of changes and how we notify you:

• Minor Changes: The "Last Updated" date at the top of the page will be revised accordingly.
• Major Changes: You will be notified in advance via your registered email or SMS.
• Important changes: Your consent will be collected at your next login.

Continued use of the site after any changes constitutes your acceptance of the updated policy. If you do not agree with a change, you have the right to close your account.

For any privacy-related questions, requests, or complaints, please get in touch with us. We aim to respond within 7 business days.

When submitting a request, please contact us from your registered email or mobile number to make identity verification straightforward. For your security, we cannot share any data without first verifying your identity.