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XREX Risk Disclosure Statement and Disclaimer
XREX Risk Disclosure Statement and Disclaimer

Read and understand XREX's risk disclosure statement and disclaimer before engaging in any transactions on our platform.

Updated over a week ago

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BY INVESTING OR TRADING IN CRYPTO VIA XREX SERVICES, YOU CAN LOSE UP TO YOUR ENTIRE PRINCIPAL INVESTMENT. Therefore, you should not trade or invest more than you can afford to lose. You understand that crypto transactions and staking projects involve a very high degree of risk and volatility. You must consider your suitability for using XREX’s services, including purchasing, selling, trading, holding, or staking blockchain-based assets. XREX’s services are suitable for those who fully understand the risks associated with such services and products. You should ensure that you have work knowledge and you have considered the risks involved, and seek independent advice. This Risk Disclosure Statement and Disclaimer is merely a brief introduction to part of the risks. XREX does not attempt to itemize each and every relevant aspect of all risks. You agree to do your own research on the associated risks.

Risk Disclosure:

  • Prior to purchasing, selling, trading, or holding crypto assets or otherwise using services of this website, you acknowledge that you have understood the risks including, but not limited to market risks (e.g., market volatility; market sentiment; economic and political conditions), liquidity and trading risks (e.g., tokens delisted from the Exchange), legal and regulatory risks (e.g., the uncertain legal status of crypto assets), third-party risks (e.g., third party’s breach of contract), cybersecurity risks (e.g., crypto network congestion, cyber-attacks, or defective smart contracts), electronic transaction risks (e.g., hardware, software, or power outage, internet disconnection)

  • XREX does not guarantee the accuracy or completeness of the information on its website and mobile phone app. That is, errors including technical inaccuracies may occur within the XREX website. As a result, we are not responsible for the accuracy of the information or other content on this website, any third-party data, or any information, content, or services on any third-party websites.

Assumption of Risk:

You shall do your own research and assume all risks and responsibilities for using XREX’s service. By continuing using the services from XREX, you represent that you understand and assume (a) the inherent risks associated with products or services made available through XREX Platform (including its mobile app), and (b) the inherent risks associated with using cryptographic and blockchain-based systems. You further represent that you have done your own research on the knowledge of the usage and intricacies of blockchain-based digital assets, including, without limitation, ERC-20 token standard available on the Ethereum blockchain. You acknowledge that the cost and speed of transacting with blockchain-based systems are variable and may increase or decrease, respectively, drastically at any time. You hereby acknowledge and agree that XREX is not responsible for any of these variables or risks associated with the products, services, or information XREX provides, and therefore XREX cannot be held liable for any resulting losses that you experience while accessing or using the service. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the service, including without limitation the crypto exchange service, BitCheck, staking projects, and Earn projects.

Limitation of Liability:

Under no circumstances shall XREX or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any indirect, punitive, incidental, special, consequential, or exemplary damages, including (but not limited to) damages for loss of profits, goodwill, use, data, or other intangible property, arising out of or relating to any access or use of the service, nor will XREX be responsible for any damage, loss, or injury resulting from hacking, tampering, or other unauthorized access or use of the service or the information contained within it. XREX assumes no liability or responsibility for any: (a) errors, mistakes, or inaccuracies of content; (b) personal injury or property damage, of any nature whatsoever, resulting from any access or use of the service; (c) unauthorized access or use of any secure server or database in our control, or the use of any information or data stored therein; (d) interruption or cessation of function related to the service; (e) bugs, viruses, trojan horses, or the like that may be transmitted to or through the service; (f) errors or omissions in, or loss or damage incurred as a result of the use of, any content made available through the service; and (g) the defamatory, offensive, or illegal conduct of any third party. Under no circumstances shall XREX or any of our officers, directors, employees, contractors, agents, affiliates, or subsidiaries be liable to you for any claims, proceedings, liabilities, obligations, damages, losses, or costs. This limitation of liability applies regardless of whether the alleged liability is based on contract, tort, negligence, strict liability, or any other basis, and even if XREX has been advised of the possibility of such liability. This limitation of liability shall apply to the fullest extent permitted by law.

No Warranties:

All services are provided on an “AS IS” and “AS AVAILABLE” basis. To the fullest extent permitted by law, XREX disclaims any representations and warranties of any kind, whether express, implied, or statutory, including, but not limited to, the warranties of merchantability and fitness for a particular purpose. You acknowledge and agree that your access and use of the service are at your own risk. XREX does not represent or warrant that access to the service will be continuous, uninterrupted, timely, or secure; that the information contained in the service will be accurate, reliable, complete, or current; or that the service will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that XREX makes should be treated as creating any warranty concerning the service. XREX does not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties or its users concerning the service.

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