Common use of Receive Transactions Clause in Contracts

Receive Transactions. Provided that I am actively enrolled in Wallet Transfers, I may request that Robinhood provide me a Robinhood wallet address (the “Receiving Wallet Address”) to which I may transfer Cryptocurrencies from my external Cryptocurrency wallet. Receive Transactions will be credited to my RHC Account subject to internal risk and compliance checks and once the transaction has received the required number network confirmations, which Robinhood shall determine in its sole discretion and which it may not disclose to me in advance of the transaction. I understand that the amount of Cryptocurrency credited to my RHC Account following a Receive Transaction will be net of any network fees I have paid to facilitate the transaction and that until the Cryptocurrency has been credited to my RHC Account it will not be available for use in my RHC Account. I understand and agree that Robinhood, in its sole discretion, may refuse to process any Receive Transaction that has not been credited to my RHC Account as required by law, the courts or any other regulatory authority to which Robinhood is subject. I recognize that I am solely responsible for confirming the accuracy of the information required to initiate Receive Transactions, including ensuring that I am transferring supported Cryptocurrency to my RHC Account and that I have correctly input the Receiving Wallet Address. I understand that Receive Transactions cannot be reversed once they have been broadcast to the relevant Cryptocurrency network and I agree that Robinhood will not be liable to me in the event I attempt to transfer unsupported Cryptocurrency to my RHC Account or input the Receiving Wallet Address incorrectly. I further understand and agree that any erroneously sent, unsupported Cryptocurrency may be lost to me and that Robinhood is not liable to me for such loss, nor has any duty or obligation to attempt to retrieve unsupported Cryptocurrency on my behalf.

Appears in 2 contracts

Samples: Customer Agreement, User Agreement

AutoNDA by SimpleDocs

Receive Transactions. Provided that I am actively enrolled in Wallet Transfers, I may request that Robinhood RHC provide me a Robinhood wallet address (the “Receiving Wallet Address”) to which I may transfer Cryptocurrencies from my external Cryptocurrency wallet. Receive Transactions will be credited to my RHC Account subject to internal risk and compliance checks and once the transaction has received the required number network confirmations, which Robinhood RHC shall determine in its sole discretion and which it may not disclose to me in advance of the transaction. I understand that the amount of Cryptocurrency credited to my RHC Account following a Receive Transaction will be net of any network fees I have paid to facilitate the transaction and that that, until the Cryptocurrency has been credited to my RHC Account Account, it will not be available for use in my RHC Account. I understand and agree that RobinhoodRHC, in its sole discretion, may refuse to process any Receive Transaction that has not been credited to my RHC Account as required by law, the courts or any other regulatory authority to which Robinhood RHC is subject. I recognize that I am solely responsible for confirming the accuracy of the information required to initiate Receive Transactions, including ensuring that I am transferring supported Cryptocurrency to my RHC Account and Account, that I have correctly input the Receiving Wallet Address and any memo and/or destination tag (if applicable) for such Receiving Wallet Address, and that the Receive Transaction otherwise conforms to the requirements of the applicable Receiving Wallet Address. I understand that Receive Transactions cannot be reversed once they have been broadcast to the relevant Cryptocurrency network network, and I agree that Robinhood RHC will not be liable to me in the event I attempt to transfer unsupported Cryptocurrency to my RHC Account or Account, input the Receiving Wallet Address incorrectlyincorrectly and/or fail to include the memo and destination (if applicable) for such Receiving Wallet Address (if applicable), or I attempt to send supported Cryptocurrency to an incompatible Receiving Wallet Address. I further understand and agree that any erroneously sent, unsupported Cryptocurrency may be lost to me and that Robinhood RHC is not liable to me for such loss, nor has any duty or obligation to attempt to retrieve unsupported Cryptocurrency on my behalf. Without limiting the foregoing, I understand and agree that RHC may, in its sole discretion, liquidate any erroneously sent Cryptocurrencies into fiat currency and that RHC is not liable for any loss incurred for such liquidation.

Appears in 1 contract

Samples: Customer Agreement

AutoNDA by SimpleDocs

Receive Transactions. Provided that I am actively enrolled in Crypto Wallet Transfers, I may request that Robinhood you provide me a Robinhood an Alpaca Crypto wallet address (the “Receiving Wallet Address”) to which I may transfer Cryptocurrencies from my external Cryptocurrency wallet. Receive Transactions will be credited to my RHC My Account subject to internal risk and compliance checks and once the transaction has received the required number network confirmations, which Robinhood you shall determine in its your sole discretion and which it may not disclose to me in advance of the transaction. I understand that the amount of Cryptocurrency credited to my RHC My Account following a Receive Transaction will be net of any network fees I have paid to facilitate the transaction and that until the Cryptocurrency has been credited to my RHC My Account it will not be available for use in my RHC My Account. I understand and agree that Robinhoodyou, in its your sole discretion, may refuse to process any Receive Transaction that has not been credited to my RHC My Account as required by law, the courts or any other regulatory authority to which Robinhood is you are subject. I recognize that I am solely responsible for confirming the accuracy of the information required to initiate Receive Transactions, including ensuring that I am transferring supported Cryptocurrency to my RHC My Account and that I have correctly input the Receiving Wallet Address. I understand that Receive Transactions cannot be reversed once they have been broadcast to the relevant Cryptocurrency network and I agree that Robinhood you will not be liable to me in the event I attempt to transfer unsupported Cryptocurrency to my RHC My Account or input the Receiving Wallet Address incorrectly. I further understand and agree that any erroneously sent, unsupported Cryptocurrency may be lost to me and that Robinhood is you are not liable to me for such loss, nor has any duty or obligation to attempt to retrieve unsupported Cryptocurrency on my behalf.

Appears in 1 contract

Samples: Customer Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!