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Are there any specific restrictions or limitations mentioned in BlockFi's terms of service regarding digital assets?

avatarSophia HernandezDec 24, 2021 · 3 years ago3 answers

What are the specific restrictions or limitations mentioned in BlockFi's terms of service regarding digital assets?

Are there any specific restrictions or limitations mentioned in BlockFi's terms of service regarding digital assets?

3 answers

  • avatarDec 24, 2021 · 3 years ago
    Yes, BlockFi's terms of service do mention specific restrictions and limitations regarding digital assets. These include restrictions on the types of digital assets that can be deposited or withdrawn, limitations on the maximum amount of digital assets that can be held in an account, and requirements for KYC (Know Your Customer) verification. It is important to carefully review the terms of service to ensure compliance with these restrictions and limitations.
  • avatarDec 24, 2021 · 3 years ago
    BlockFi's terms of service do have certain restrictions and limitations in place for digital assets. These may include restrictions on the use of digital assets for illegal activities, limitations on the transfer of digital assets to third-party wallets, and requirements for maintaining a minimum balance of digital assets in an account. It is advisable to thoroughly read and understand the terms of service to avoid any violations or misunderstandings.
  • avatarDec 24, 2021 · 3 years ago
    According to BlockFi's terms of service, there are indeed specific restrictions and limitations regarding digital assets. These may include restrictions on the trading or lending of certain types of digital assets, limitations on the withdrawal or transfer of digital assets within a certain timeframe, and requirements for maintaining a certain level of account activity. It is recommended to carefully review the terms of service to ensure compliance with these restrictions and limitations.