| Before | After | ||
|---|---|---|---|
| 896 | The act of selling Virtual Currency to the Company does not create a guarantee that you may sell Virtual Currency to the Company at a later time. 6. | 896 | The act of selling Virtual Currency to the Company does not create a guarantee that you may sell Virtual Currency to the Company at a later time. |
| 897 | (c) Automatic Bitcoin Sale to Support ACH Debits. | ||
| 898 | You may be able to enable a feature that instructs us to automatically sell Virtual Currency from your Hosted Balance and make the proceeds available as Fiat Currency in connection with eligible ACH debit payments from your Cash App Balance account and routing number. | ||
| 899 | If you enable this feature, you authorize and instruct the Company, when we receive an eligible ACH debit request, to execute a Sell transaction in the amount of Virtual Currency that we determine is needed to make sufficient Fiat Currency available for the ACH debit, at the then-effective Conversion Rate. | ||
| 900 | The ACH debit will continue to be processed from your Cash App Balance account and routing number, and will remain subject to the terms applicable to ACH debit payments from your Cash App Balance. | ||
| 901 | You acknowledge that you may not receive a separate notice or be asked to confirm each Sell transaction before it occurs, and that the price of Virtual Currency may change between the time an ACH debit is requested, the time any Sell transaction is executed, and the time the ACH debit is completed. | ||
| 902 | If we determine that your Hosted Balance is insufficient or otherwise unavailable, we may process the ACH debit using your available Cash App Balance instead; if sufficient Fiat Currency is not available, the ACH debit may be declined and we are not required to retry it. | ||
| 903 | Any ACH debit, return, refund, dispute, or adjustment will be handled in Fiat Currency based on the dollar amount of the ACH debit, and you will not be entitled to any adjustment based on changes in the value of Virtual Currency. | ||
| 904 | You may disable this feature at any time in Cash App, but we may be unable to stop any ACH debit or related Sell transaction that is already pending or in process. | ||
| 905 | We may modify, suspend, or discontinue this feature, or impose limits, conditions, or restrictions on its use, at any time subject to these Cash App Terms. 6. | ||
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