Common use of The Accounts Clause in Contracts

The Accounts. In connection with the Trading Services, the Coinbase Entities may provide access to two types of accounts: (1) the “Trading Account” (as described below in Sections 2.2 and 2.3), and (2) the Vault Account described in the Custody Agreement. The Coinbase PB Site provides Client a record of the Accounts. Client determines the allocation of Client Digital Assets between the Accounts. Maintenance of the Vault Account shall be subject to the terms of the Custody Agreement. The Trading Account is separate from any Digital Assets Client maintains directly with Coinbase Custody.

Appears in 10 contracts

Sources: Coinbase Prime Broker Agreement (Bitwise Solana ETF), Coinbase Prime Broker Agreement (Bitwise 10 Crypto Index Fund), Coinbase Prime Broker Agreement (Canary XRP ETF)