Private Key definition
Examples of Private Key in a sentence
Where there is a withdrawal of Digital Currency from the Custodian, all rights, title and risk in and to such Digital Currency shall pass at the Point of Delivery to the person for whose account the Custodian has applied the relevant Private Key in accordance with the protocol of the relevant Digital Currency in such a way that an instruction, message or other communication as to the transfer of the relevant Digital Currency arises.
The Custodian will be deemed to have given effect to an Instruction at the point at which the Custodian has applied the relevant Private Key in accordance with the protocol of such Cryptoasset in such a way that an instruction, message or other communication as to the transfer of the relevant Cryptoasset arises.
The Custodian shall give effect to transfers outlined in the Client’s Instructions by applying a Private Key.
The Custodian will not extract, and/or deliver or send to the Company, or any other person or entity, any Private Key.