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Security is a paramount aspect of XPMarket. As a non-custodial platform, XPMarket does not take custody of user funds and never has access to user funds or private keys and seed phrases. This approach inherently reduces the risk of security breaches, as user assets are not centrally stored.
However, XPMarket still employs several measures to ensure the platform's integrity and protect user information:
- Encryption Technologies: All communication and data on the platform are secured using encryption technologies. This ensures that any data transmitted over the platform, such as transaction details or personal information, is protected from unauthorised access.
- Secure Wallet Technology: Users interact with XPMarket using their own secure wallets. This decentralised approach to asset management ensures that users maintain full control over their digital assets at all times.
- Security Best Practices: XPMarket encourages users to follow security best practices, such as keeping their private keys and seed phrases secure and offline, using hardware wallets for large amounts of assets, and being vigilant about phishing attempts.
In summary, while XPMarket's non-custodial nature inherently enhances security, the platform still employs a range of measures to protect user information and maintain the integrity of its services.