Common use of Account Services Clause in Contracts

Account Services. As part of your XXX.XX Account, XXX.XX provides qualifying users access to accounts for you to store, track, transfer, and manage your balances of cryptocurrency and/or dollars or other supported currency. All cryptocurrency or dollars (or other supported currencies) that are held in your account are held by XXX.XX for your benefit. You can load funds into your account from a valid bank account via ACH transfer or wire transfer, or other accepted payment methods such as credit or debit cards. Your balance is in a pending state and will not be credited to your XXX.XX Account until after the bank transfer has cleared, usually with 5 business days. We may debit your linked bank account as soon as you initiate payment. Other payment methods may take a longer period to clear, and withdrawals may be limited for a period after a receipt of payments. Your XXX.XX Account allows you to hold and transfer US dollars which are held by XXX.XX for your benefit at U.S. FDIC-insured banks. XXX.XX may impose withdrawal limits on your XXX.XX Account from time to time in its discretion. Title to cryptocurrency represented in your XXX.XX Account shall at all times remain with you and shall not transfer to XXX.XX. Your balances in your XXX.XX Account are not segregated and cryptocurrency or cash are held in shared addresses or accounts, as applicable. A valid purchase of cryptocurrency that is accepted by XXX.XX generally will initiate on the business day we receive your instructions. Purchased cryptocurrency or transferred payments will be credited to your XXX.XX Account as soon as funds have settled to XXX.XX, which in the case of a bank account or credit or debit card may take up to five business days. If XXX.XX cannot complete your transaction for any reason (such as price movement, or an order exceeding the maximum order size), XXX.XX will reject the order and notify you of such rejection. You will not be charged for a rejected transaction. When you give us instructions to purchase (buy) cryptocurrency, you cannot withdraw your consent to that purchase unless the purchase is not scheduled to occur until a future date, provided that you may withdraw your consent up until the end of the business day before the date is scheduled to take place. XXX.XX does not represent or treat assets in your XXX.XX Account as belonging to XXX.XX. You acknowledge that your XXX.XX Account is not subject to protections or insurance provided by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. The use of the Services is subject to a limit on the amount of volume, you may transact or transfer in a given period (e.g., daily). Your transaction limits may vary depending on your payment method, verification steps you have completed, and other factors. XXX.XX reserves the right to change applicable limits as we deem necessary in our sole discretion. To increase transaction limits or upon our request in our discretion, we may require you to submit additional information about yourself or your business, provide records, and arrange for meetings with XXX.XX staff (such process, "Enhanced Due Diligence"). XXX.XX reserves the right to charge you costs and fees associated with Enhanced Due Diligence, provided that we notify you in advance of any such charges accruing. In our sole discretion, we may refuse to raise your limits or we may lower your limits at a subsequent time even if you have completed Enhanced Due Diligence.

Account Services. As part of your XXX.XX Account, XXX.XX provides qualifying users access to accounts for you to store, track, transfer, and manage your balances of cryptocurrency and/or dollars or other supported currency. All cryptocurrency or dollars (or other supported currencies) that are held in your account are held by XXX.XX for your benefit. You can load funds into your account from a valid bank account via ACH transfer or wire transfer, or other accepted payment methods such as credit or debit cards. Your balance is in a pending state and will not be credited to your XXX.XX Account until after the bank transfer has cleared, usually with 5 business days. We may debit your linked bank account as soon as you initiate payment. Other payment methods may take a longer period to clear, and withdrawals may be limited for a period after a receipt of payments. Your XXX.XX Account allows you to hold and transfer US dollars which are held by XXX.XX for your benefit at U.S. FDIC-insured banks. XXX.XX may impose withdrawal limits on your XXX.XX Account from time to time in its discretion. Title to cryptocurrency represented in your XXX.XX Account shall at all times remain with you and shall not transfer to XXX.XX. Your balances in your XXX.XX Account are not segregated and cryptocurrency or cash are held in shared addresses or accounts, as applicable. A valid purchase of cryptocurrency that is accepted by XXX.XX generally will initiate on the business day we receive your instructions. Purchased cryptocurrency or transferred payments will be credited to your XXX.XX Account as soon as funds have settled to XXX.XX, which in the case of a bank account or credit or debit card may take up to five business days. If XXX.XX cannot complete your transaction for any reason (such as price movement, or an order exceeding the maximum order size), XXX.XX will reject the order and notify you of such rejection. You will not be charged for a rejected transaction. When you give us instructions to purchase (buy) cryptocurrency, you cannot withdraw your consent to that purchase unless the purchase is not scheduled to occur until a future date, provided that you may withdraw your consent up until the end of the business day before the date is scheduled to take place. XXX.XX does not represent or treat assets in your XXX.XX Account as belonging to XXX.XX. You acknowledge that your Your XXX.XX Account allows you to hold and transfer US dollars which are held by XXX.XX for your benefit at U.S. banks. FTX US is not subject to protections or insurance provided insured by the The Federal Deposit Insurance Corporation (“FDIC”), and no cryptocurrency balances (including stablecoins) benefit from FDIC insurance. To the extent you hold USD fiat balances (and such balances are not held in stablecoins or other investments), those fiat balances are held in customer omnibus accounts at FDIC-insured banks (Silvergate Bank and Signature Bank for customers of the Securities Investor Protection CorporationXXX.XX, and Evolve Bank & Trust for users of our virtual accounts, as of August 2022). These customer omnibus accounts have been established in a manner that is intended to make pass-through FDIC insurance available up to the per-depositor coverage limit then in place (currently up to at least $250,000 per depositor, per ownership category). Availability of pass-through FDIC insurance is subject to the bank’s records expressly disclosing that the deposits are being held for your benefit, our maintaining accurate records that identify you as the actual owner of the funds in the omnibus account and your respective ownership interest in the omnibus account, and a favorable determination by the FDIC as receiver (in a bank insolvency case) at the time of a receivership of the bank holding a customer omnibus account. Again, if determined to be available by the FDIC as receiver following a bank insolvency, FDIC insurance only covers fiat balances held in these banks up to the per-depositor coverage limit then in place, and does not extend to any cryptocurrency, stablecoin, or other non fiat balances. As a reminder, FDIC insurance is only relevant in the case of the failure or insolvency of the bank, and is not relevant in the case of the failure or insolvency of FTX US. Similarly, FDIC insurance does not apply to funds lost through changes in market prices, or losses due to a hack or other similar breach or other misuse of either FTX US generally or your account specifically The use of the Services is subject to a limit on the amount of volume, you may transact or transfer in a given period (e.g., daily). Your transaction limits may vary depending on your payment method, verification steps you have completed, and other factors. XXX.XX reserves the right to change applicable limits as we deem necessary in our sole discretion. To increase transaction limits or upon our request in our discretion, we may require you to submit additional information about yourself or your business, provide records, and arrange for meetings with XXX.XX staff (such process, "Enhanced Due Diligence"). XXX.XX reserves the right to charge you costs and fees associated with Enhanced Due Diligence, provided that we notify you in advance of any such charges accruing. In our sole discretion, we may refuse to raise your limits or we may lower your limits at a subsequent time even if you have completed Enhanced Due Diligence.

Account Services. As part of your XXX.XX BICTORY Account, XXX.XX BICTORY provides qualifying users access to accounts for you to store, track, transfer, and manage your balances of cryptocurrency and/or dollars or other supported currency. All cryptocurrency or dollars (or other supported currencies) that are held in your account are held by XXX.XX BICTORY for your benefit. You can load funds into your account from a valid bank account via ACH transfer or wire transfer, or other accepted payment methods such as credit or debit cards. Your balance is in a pending state and will not be credited to your XXX.XX BICTORY Account until after the bank transfer has cleared, usually with 5 business days. We may debit your linked bank account as soon as you initiate payment. Other payment methods may take a longer period to clear, and withdrawals may be limited for a period after a receipt of payments. Your XXX.XX BICTORY Account allows you to hold and transfer US dollars which are held by XXX.XX BICTORY for your benefit at U.S. FDIC-insured banks. XXX.XX BICTORY may impose withdrawal limits on your XXX.XX BICTORY Account from time to time in its discretion. Title to cryptocurrency represented in your XXX.XX BICTORY Account shall at all times remain with you and shall not transfer to XXX.XXBICTORY. Your balances in your XXX.XX BICTORY Account are not segregated and cryptocurrency or cash are held in shared addresses or accounts, as applicable. A valid purchase of cryptocurrency that is accepted by XXX.XX BICTORY generally will initiate on the business day we receive your instructions. Purchased cryptocurrency or transferred payments will be credited to your XXX.XX BICTORY Account as soon as funds have settled to XXX.XXBICTORY, which in the case of a bank account or credit or debit card may take up to five business days. If XXX.XX BICTORY cannot complete your transaction for any reason (such as price movement, or an order exceeding the maximum order size), XXX.XX BI CTORY will reject the order and notify you of such rejection. You will not be charged for a rejected transaction. When you give us instructions to purchase (buy) cryptocurrency, you cannot withdraw your consent to that purchase unless the purchase is not scheduled to occur until a future date, provided that you may withdraw your consent up until the end of the business day before the date is scheduled to take place. XXX.XX BICTORY does not represent or treat assets in your XXX.XX BICTORY Account as belonging to XXX.XXBICTORY. You acknowledge that your XXX.XX BICTORY Account is not subject to protections or insurance provided by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. The use of the Services is subject to a limit on the amount of volume, you may transact or transfer in a given period (e.g., daily). Your transaction limits may vary depending on your payment method, verification steps you have completed, and other factors. XXX.XX BICTORY reserves the right to change applicable limits as we deem necessary in our sole discretion. To increase transaction limits or upon our request in our discretion, we may require you to submit additional information about yourself or your business, provide records, and arrange for meetings with XXX.XX BICTORY staff (such process, "Enhanced Due Diligence"). XXX.XX BICTORY reserves the right to charge you costs and fees associated with Enhanced Due Diligence, provided that we notify you in advance of any such charges accruing. In our sole discretion, we may refuse to raise your limits or we may lower your limits at a subsequent time even if you have completed Enhanced Due Diligence.