Custody of Cryptocurrencies Sample Clauses

Custody of Cryptocurrencies. Delegator acknowledges and agrees that Delegation to BTCS Validator Nodes shall not involve the transfer of custody of any Cryptocurrencies from the Delegator to BTCS, and any designated Cryptocurrencies shall at all times remain the property of, and under the control of, the Delegator. Delegator acknowledges that the Delegator will remain in full control of the applicable Cryptocurrency’s private keys, seed phrases, and any other related security information, and shall have the sole responsibility and obligation for the safekeeping and security of such Cryptocurrency and its related private keys, seed phrases and any other related security information. BTCS does not have any control over the Delegator’s Cryptocurrencies and will not be able to recover these Cryptocurrencies in case of theft, loss, or other compromise of such Cryptocurrencies.
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Related to Custody of Cryptocurrencies

  • Transactions Made in Foreign Currencies If a transaction is made in a foreign currency, we and MasterCard International or VISA International, depending on which card is used, will convert the transaction into a U.S. dollar amount. MasterCard and VISA will act in accordance with their operating regulations or conversion procedures in effect at the time the transaction is processed. Currently, their regulations and procedures provide that the currency conversion rate they use, to determine the transaction amount in U.S. dollar, is either (a) a wholesale market rate, or (b) a government-mandated rate in effect one day prior to the processing date. MasterCard and VISA increase this conversion rate by one percent (1%) and keep this increase as compensation for performing the currency conversion service. We will charge you two percent (2%) of the U.S. dollar amount of the transaction converted from a foreign currency. The currency conversion rate calculated in this manner that is in effect on the processing date may differ from the rate in effect on the transaction date or posting date. Other Charges. You agree we may assess, in addition to the Interest Charge, the Other Charges below which charges will be earned when assessed and are not subject to refund or rebate. The following fees may be added, as applicable, to the Account and treated as a Purchase as indicated on the Insert:

  • Foreign Currency The term “

  • Canadian Dollars All references herein to dollar amounts are to lawful money of Canada.

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