Common use of Digital Asset Deposits and Withdrawals Clause in Contracts

Digital Asset Deposits and Withdrawals. Client must manage and keep secure any and all information or devices associated with deposit and withdrawal verification procedures, including YubiKeys and passphrases or other security or confirmation information (see Section 4.5). Trust Company reserves the right to charge network fees (a.k.a. miner fees) to process a Digital Asset transaction on Client’s behalf. Trust Company will notify Client of the network fee at or before the time Client authorizes the transaction.

Appears in 4 contracts

Samples: Custodial Services Agreement (Akerna Corp.), Custodial Services Agreement (XP Inc.), Custodial Services Agreement (INX LTD)

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Digital Asset Deposits and Withdrawals. Client must manage and keep secure any and all information or devices associated with deposit and withdrawal verification procedures, including YubiKeys and passphrases or other security or confirmation information (see Section 4.5). Trust Company reserves the right to charge network fees (a.k.a. miner fees) to process a Digital Asset transaction on Client’s behalf. Trust Company will notify Client of the network fee at or before the time Client authorizes the transaction.

Appears in 1 contract

Samples: Custodial Services Agreement

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