2. Data Protection and Security

2.1. Personal Data: You acknowledge that we may process personal data in relation to you (if you are an individual), 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 (if you are not an individual), in connection with this Agreement, or XREX. We will process this personal data in accordance with the Privacy Policy, which shall form part of this Agreement. Accordingly, you represent and warrant that:

(A) your disclosure to us of any personal data relating to individuals other than yourself was or will be made in accordance with all applicable data protection and data privacy laws, and those data are accurate, up to date and relevant when disclosed;

(B) before providing any such personal data to us, you acknowledge that you have read and understood 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

(C) if from time to time we provide you with a replacement version of the Privacy Policy, you will promptly read that notice and provide updated copies of the Privacy Policy 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 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 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 and the loss or theft of Tokens and/or funds held in your account and the misuse of any associated accounts, including linked bank account(s). You hereby accept all responsibility for such loss and damages.

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. Any violation of cybersecurity practice may result in suspension or termination of your XREX account for cybersecurity and compliance purposes.

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.