Common use of To start Margins Trading Clause in Contracts

To start Margins Trading. x. Xxx represent and warrant that you not on any list of trade embargoes or economic sanctions, such as the Specially Designated National by OFAC (The Office of Foreign Assets Control of the U.S. Department of the Treasury). ii. You should fully understand the risks associated with Margins Trading and Lending, and be fully responsible for any trading and non-trading activities under your VXL DOLLAR Account and Collateral Account. You should not engage in Transactions or invest in funds that are beyond your financial capacities; iii. You are fully responsible for knowing the true status of any position, even if VXL DOLLAR may present it incorrectly at any time; iv. You agree to keep enough Digital Assets in your Collateral Account, as required by VXL DOLLAR for Users’ engagement in Margins Trading, and promptly repay your loan in full. Failure to keep enough assets or to timely repay the outstanding loan may result in forced liquidation of the assets in your Collateral Account; v. Even if with the ability to forcefully liquidate any position, VXL DOLLAR cannot guarantee to stop losses. If your assets are insufficient to repay the outstanding loan after the liquidation of your position, you are still liable for any further shortfall of assets; vi. VXL DOLLAR may take measures, in its discretion and on your behalf, to reduce your potential losses, including but not limited to, transferring assets from your Collateral Account into your VXL DOLLAR Account and/or vice versa; vii. During VXL DOLLAR system maintenance, you agree to be fully responsible for managing your Collateral Account under risks, including but not limited to, closing positions and repaying your loan. Page13 viii. You agree to conduct all Transactions, Margins Trading and/or borrowing on your own, and be fully responsible for your activities. VXL DOLLAR assumes no liability for any loss or damage caused by your use of any VXL DOLLAR services or your unawareness of the risks associated with the use of Digital Assets or with your use of VXL DOLLAR Services.

Appears in 1 contract

Samples: Terms of Use

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To start Margins Trading. x. Xxx represent and warrant that you not are neither from the U.S. nor on any list of trade embargoes or economic sanctions, such as the Specially Designated National by OFAC (The Office of Foreign Assets Control of the U.S. Department of the Treasury). ii. You should fully understand the risks associated with Margins Trading and Lending, and be fully responsible for any trading and non-trading activities under your VXL DOLLAR Mercados De Valores Account and Collateral Account. You should not engage in Transactions or invest in funds that are beyond your financial capacities; iii. You are fully responsible for knowing the true status of any position, even if VXL DOLLAR Mercados De Valores may present it incorrectly at any time; iv. You agree to keep enough Digital Assets in your Collateral Account, as required by VXL DOLLAR Mercados De Valores for Users’ engagement in Margins Trading, and promptly repay your loan in full. Failure to keep enough assets or to timely repay the outstanding loan may result in forced liquidation of the assets in your Collateral Account; v. Even if with the ability to forcefully liquidate any position, VXL DOLLAR Mercados De Valores cannot guarantee to stop losses. If your assets are insufficient to repay the outstanding loan after the liquidation of your position, you are still liable for any further shortfall of assets; vi. VXL DOLLAR Mercados De Valores may take measures, in its discretion and on your behalf, to reduce your potential losses, including but not limited to, transferring assets from your Collateral Account into your VXL DOLLAR Mercados De Valores Account and/or vice versa; vii. During VXL DOLLAR Mercados De Valores system maintenance, you agree to be fully responsible for managing your Collateral Account under risks, including but not limited to, closing positions and repaying your loan. Page13. viii. You agree to conduct all Transactions, Margins Trading and/or borrowing on your own, and be fully responsible for your activities. VXL DOLLAR Mercados De Valores assumes no liability for any loss or damage caused by your use of any VXL DOLLAR Mercados De Valores services or your unawareness of the risks associated with the use of Digital Assets or with your use of VXL DOLLAR Mercados De Valores Services.

Appears in 1 contract

Samples: Terms of Use

To start Margins Trading. x. Xxx i. You represent and warrant that you not are neither from the U.S. nor on any list of trade embargoes or economic eco nomic sanctions, such as the Specially Designated National by OFAC (The Office of Foreign Assets Control C ontrol of the U.S. Department of the Treasury). ii. You should fully understand the risks associated with Margins Trading and Lending, and be fully responsible resp onsible for any trading and non-trading activities under your VXL DOLLAR Account and Collateral Redot Account. You should not engage in i n Transactions or invest in funds that are beyond your financial capacities; iii. You are fully responsible for knowing the true status of any position, even if VXL DOLLAR Redot may present it incorrectly inco rrectly at any time; iv. You agree to keep enough Digital Assets in your Collateral Account, as required by VXL DOLLAR Redot for Users’ engagement e ngagement in Margins Trading, and promptly repay your loan in full. Failure to keep enough assets or to timely repay the outstanding loan may result in forced liquidation of the assets in your Collateral Accountassets; v. Even if with the ability to forcefully liquidate any position, VXL DOLLAR Redot cannot guarantee to stop losses. If your y our assets are insufficient to repay the outstanding loan after the liquidation of your position, you are still s till liable for any further shortfall of assets; vi. VXL DOLLAR Redot may take measures, in its discretion and on your behalf, to reduce your potential losses, including but not limited to, transferring assets losses from your Collateral Account into your VXL DOLLAR Account and/or vice versaex cess margin in adverse market conditions; vii. During VXL DOLLAR Redot system maintenance, you agree to be fully responsible for managing your Collateral Account account under risks, including but not limited to, closing positions and repaying your loan. Page13. viii. You agree to conduct all Transactions, Margins Trading and/or borrowing on your own, and be fully responsible r esponsible for your activities. VXL DOLLAR Redot assumes no liability for any loss or damage caused by your use of any VXL DOLLAR Redot services or your unawareness of the risks associated with the use of Digital Assets or with your y our use of VXL DOLLAR Redot Services.

Appears in 1 contract

Samples: Terms and Conditions

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To start Margins Trading. x. Xxx represent and warrant that you not on any list of trade embargoes or economic sanctions, such as the Specially Designated National by OFAC (The Office of Foreign Assets Control of the U.S. Department of the Treasury). ii. i. You should must fully understand the risks associated with Margins Trading and LendingLoan, and be fully responsible for any trading and non-trading activities under your VXL DOLLAR Invexcoin Exchange Account and Collateral Account. You should not engage in Transactions or invest in funds that are beyond your financial capacities; iiiii. You are fully responsible for knowing the true status of any position, even if VXL DOLLAR Invexcoin Exchange may present it incorrectly at any time; iviii. You agree to keep enough Digital Assets in your Collateral Account, as required by VXL DOLLAR Invexcoin Exchange for Users’ engagement in Margins Trading, and promptly repay your loan in full. Failure to keep enough assets or to timely repay the outstanding loan may result in forced liquidation of the assets in your Collateral Account; v. iv. Even if with the ability to forcefully liquidate any position, VXL DOLLAR Invexcoin Exchange cannot guarantee to stop losses. If your assets are insufficient to repay the outstanding loan after the liquidation of your position, you are still liable for any further shortfall of assets; vi. VXL DOLLAR v. Invexcoin Exchange may take measures, in its sole and absolute discretion and on your behalf, to reduce your potential losses, including but not limited to, transferring assets from your Collateral Account into your VXL DOLLAR Invexcoin Exchange Account and/or vice versa; viivi. During VXL DOLLAR Invexcoin Exchange system maintenance, you agree to be fully responsible for managing your Collateral Account under risks, including but not limited to, closing positions and repaying your loan. Page13. viiivii. You agree to conduct all Transactions, Margins Trading and/or borrowing on your own, and be fully responsible for your activities. VXL DOLLAR Invexcoin Exchange assumes no liability for any loss or damage caused by your use of any VXL DOLLAR Invexcoin Exchange services or your unawareness of the risks associated with the use of Digital Assets or with your use of VXL DOLLAR Invexcoin Exchange Services.

Appears in 1 contract

Samples: Terms of Use

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