2. Data Protection and Security

2.1. Personal Data:

2.1.1. You acknowledge that we may process personal data in relation to you, and personal data that you have provided (or in the future provide) to us in relation to your employees and other associates, or other individuals, in connection with the Terms, or XREX Service. We will collect, use, disclose, and/or otherwise process this personal data in accordance with the Privacy Policy, which shall form part of the Terms. You represent and warrant that:

2.1.1.1. your disclosure to us of any personal data relating to individuals other than yourself has been duly authorised by such individuals, is made in accordance with all applicable data protection and data privacy laws, such data is complete, accurate, up-to-date and relevant at the time of disclosure. We shall be kept updated as to any changes in such authorisation and/or necessary changes to such data;

2.1.1.2. before providing any personal data to us or otherwise accessing or using the XREX Service, you acknowledge that you have read and agreed to our Privacy Policy, a copy of which is available here: Privacy Policy, and, in the case of personal data relating to an individual other than yourself, have (or will at the time of disclosure have) provided the individual with a copy of, or directed the individual towards a webpage containing that Privacy Policy (as amended from time to time); and

2.1.1.3. if from time to time we provide you with a replacement version of the Privacy Policy, you will promptly read that updated Privacy Policy and provide a copy of the same to, or re-direct towards a webpage containing the updated Privacy Policy, any individual whose personal data you have provided to us.

2.2. Security:

2.2.1. While XREX maintains a high standard of cyber hygiene practice and implements advanced security controls, you are required to ensure the security of your account by protecting and maintaining the confidentiality of your account data, passwords, crypto-asset wallet addresses, and other relevant data. You also agree to follow the security practices and rules presented by XREX in order to maintain the security of your account and your personal data.

2.2.2. Authentication and Verification: In order to initiate the KYC (defined below) process to access the Services as required by XREX, you are to provide an email address and create a password. XREX offers two-factor authentication via a supported Time-based One Time Password application. You are responsible for keeping electronic devices through which the Services are accessed safe and maintaining adequate security, confidentiality and control of any and all security details that are used to access the Services. This includes taking all reasonable steps to avoid the loss, theft or misuse of said electronic devices and ensuring that said electronic devices are password-protected. Any loss or compromise of personal electronic devices or security details may result in unauthorized access of your account by third parties, the loss or theft of Tokens and/or funds held in your account and/or the misuse of any associated accounts, including linked bank account(s). You hereby accept all responsibility for any loss or damage arising from the above scenarios. We shall, to the fullest extent permitted under the Applicable Law, in no event be liable to you or any third party for any loss or damage arising out of or in connection with such loss or damage.

2.2.3. Any loss or compromise of your electronic device or your security details may result in unauthorized access to your account by third parties and the loss or theft of any Token or asset held in your account and any associated accounts, including your linked bank account(s) and credit card(s). You must keep your security details safe at all times. For example, you should not write them down or otherwise make them visible to others. We reserve the right to suspend or terminate your XREX account at any time where the security of your account is suspected by us to have been compromised, or where we suspect that your account has been operated in breach of these Terms.

2.2.4. Safety and Security of Your Computer and Devices: XREX is not liable for any damage or interruptions caused by any computer viruses or other malicious code that may affect your computer or other equipment, or any phishing, spoofing or other attacks. We advise the regular use of reputable and readily available virus screening and prevention software. You should also be aware that SMS and email services are vulnerable to spoofing and phishing attacks and should use care in reviewing messages purporting to originate from XREX.