External Wallets definition
Examples of External Wallets in a sentence
Your purchased and deposited Cryptocurrencies are held in trust in one or more of WSII’s omnibus custodial accounts at third-party cryptocurrency custodians (the “Custodians”, each, a “Custodian”) or in online “hot wallets” administered by us or a Custodian for the purpose of transferring Cryptocurrency to and from External Wallets (as defined below) and Liquidity Providers.
When you purchase Cryptocurrency, we may put a limit or hold on transfers from your Crypto Account to External Wallets.
We neither own or control the Bitcoin Blockchain or the Blockstream Liquid Network, external third-party digital wallets (the "External Wallets"), or any other third-party site, product, or service that you might access, visit, or use for the purpose of enabling you to use the Tokenized Virtual Items into the Game.
We are authorized to open or close your Crypto Account, cancel or correct Orders (as defined below), convert funds in your Crypto Account between different currencies, direct transfers of funds or Cryptocurrencies to or from Liquidity Providers (as defined below) and/or the Custodians (as defined below), direct and receive transfers of Cryptocurrencies between your Crypto Account and External Wallets (as defined below) and take such other steps as are reasonable to carry out your directions.
Such inquires may include, but are not limited to, (1) querying identity information contained in public reports (e.g., your name, address, past addresses, or date of birth), (2) querying account information associated with your External Bank Account (e.g., name or account balance) and (3) querying blockchain transactions associated with your Hosted Wallet and your External Wallet(s) (as defined in Section 9.1).
Your purchased and deposited Cryptocurrencies are held in trust in one or more of WS Crypto’s omnibus custodial accounts at third-party cryptocurrency custodians (the “Custodians”, each, a “Custodian”) or in online “hot wallets” administered by us or a Custodian for the purpose of transferring Cryptocurrency to and from External Wallets (as defined below) and Liquidity Providers.
External Wallets may levy fees on User for transactions and we are not liable for any such fees.
We are authorized to open or close your Crypto Account, cancel or correct Orders, direct transfers of Cryptocurrencies between the Liquidity Provider and the Custodians (as defined below), direct and receive transfers of Cryptocurrencies between your Crypto Account and External Wallets (as defined below) and take such other steps as are reasonable to carry out your directions.