Wallet. As part of your Account, Backpack Exchange will provide Users: (i) a hosted Virtual Asset wallet(s), each of which is an account for holding Supported Virtual Assets (“Virtual Asset Wallet”), and (ii) where permitted by applicable Laws, a hosted fiat wallet, which is an account for holding fiat funds (“Fiat Funds” and together with Virtual Assets, “Assets”). You hereby represent and warrant to us that any Virtual Assets or Fiat Funds used by you in connection with the Services (including any Virtual Assets or Fiat Funds used to fund your Account) are either owned by you or that you are validly authorised to carry out transactions using such Virtual Assets or Fiat Funds, and that all transactions initiated with your Account are for your own account and not on behalf of any other person.
Appears in 4 contracts
Samples: User Agreement, User Agreement, User Agreement
