Crypto Account definition
Examples of Crypto Account in a sentence
You further understand and acknowledge that you are not permitted to place an Order to purchase cryptocurrency unless you have enough non-margined funds available in your Brokerage Account, and that you are not permitted to place an Order to sell cryptocurrency unless you have enough cryptocurrency available in your Apex Crypto Account.
You understand that you may revoke this authorization at any time by terminating your Apex Crypto Account.
You understand and acknowledge that cryptocurrencies in your Apex Crypto Account are not held at Apex Clearing and that Apex Clearing is not involved in the purchase, sale, execution, custody, or trading of cryptocurrencies, and only takes instructions regarding transferring funds as described in this User Agreement.
I understand and acknowledge that the Platform is operated by each of Alpaca Securities LLC and Alpaca Crypto and that if I enter into the Alpaca Crypto Customer Agreement that I will have an Alpaca Crypto Account in addition to the Account provided by Alpaca Securities LLC.
I understand and acknowledge that My funds are treated differently and subject to separate regulatory regimes depending on whether or not such funds are held in My Account with Alpaca Securities LLC or if they are held in My Alpaca Crypto Account.
When placing a cryptocurrency buy order through My Alpaca Crypto Account I explicitly agree, acknowledge and instruct Alpaca to transfer necessary funds for the purchase price of such cryptocurrency from My Account to My Alpaca Crypto Account held with Alpaca Crypto.
I understand and acknowledge that when accessing the Platform and engaging in various types of activity, including, without limitation, buying and selling cryptocurrency, that My funds will move from My Account to My Alpaca Crypto Account and vice versa, as detailed in this Section 11 and in the Alpaca Crypto Customer Agreement.
We have the right, in our sole discretion and without notice or liability to you, to modify, suspend or cancel any outstanding transaction and/or modify, suspend or deactivate the Crypto Account for any reason, including if you breach any provision of the Agreement or if we suspect it has been accessed via unauthorized means.
You understand and agree that in the event we are notified or suspect there has been unauthorized access to your Crypto Account, we may suspend your Crypto Account or otherwise limit your ability to access some or all of the Services, including buying, selling or transferring Cryptocurrency.
We are not responsible for delays in processing or confirming transfers from your Crypto Account.