Common use of Cryptocurrency Buy Orders Clause in Contracts

Cryptocurrency Buy Orders. When placing a cryptocurrency buy order through My Alpaca Crypto Account I explicitly agree, acknowledge and instruct Alpaca to transfer necessary funds for the purchase price of such cryptocurrency from My Account to My Alpaca Crypto Account held with Alpaca Crypto. I understand that transfers from My Account to Alpaca Crypto will be batched with transfers initiated by other customers on the same trading day. Batched transfers will be sent to Alpaca Crypto via a single transfer at the end of the relevant trading day rather than immediately upon such instruction by Me to You.

Appears in 3 contracts

Samples: Alpaca Customer Agreement, Alpaca Customer Agreement, Alpaca Customer Agreement

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Cryptocurrency Buy Orders. When placing a cryptocurrency buy order through My Alpaca Crypto Account I explicitly agree, acknowledge understand and instruct agree that I am simultaneously providing instructions to Alpaca Securities to transfer necessary funds for the purchase price of such cryptocurrency from My Securities Account to My Alpaca Crypto Account held with Alpaca Crypto. I understand that transfers from My Securities Account to Alpaca Crypto will be batched with transfers initiated by other customers on the same trading day. Batched transfers will be sent to Alpaca Crypto via a single transfer at the end of the relevant trading day a designated time decided upon by Alpaca rather than immediately upon such instruction by Me to You.

Appears in 1 contract

Samples: Crypto Customer Agreement

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