Legal Center

Crypto-Backed Loans Terms

1. INTRODUCTION

1.1 Agreement

These Crypto-Backed Loans Terms and Conditions (the “Loan Terms”) constitute a legally binding agreement between Blockchain Capital Solutions (Cayman) Limited (“Blockchain.com”, “we”, “us”, or “our”), and you (“you” or “your”).

These Loan Terms govern your access to and use of the Crypto-Backed Loan product (the “Crypto-Backed Loan” or the “Loan Product”), pursuant to which Blockchain.com may, in its sole discretion, make available to eligible users loans denominated in supported Digital Assets against the transfer of supported Digital Assets as collateral.

These Loan Terms supplement and form part of the Blockchain.com User Agreement (the “User Agreement”). In the event of any conflict or inconsistency between these Loan Terms and the User Agreement, these Loan Terms shall prevail solely with respect to the Crypto-Backed Loan product. Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the User Agreement.

1.2 Incorporation by Reference

By accessing or using the Loan Product, you acknowledge that you have read, understood, and agree to be bound by these Loan Terms, the User Agreement, and all other applicable policies, disclosures, and supplemental agreements made available by Blockchain.com from time to time, including without limitation the Privacy Policy, Cookie Policy, Risk Disclosure Statement, and any product-specific disclosures (collectively, the “Supplemental Agreements”).

Such Supplemental Agreements are incorporated by reference into these Loan Terms and form an integral part hereof. If you do not agree to these Loan Terms or any Supplemental Agreements, you must not access or use the Loan Product.

1.3 Product Description

The Crypto-Backed Loan Product enables eligible users to obtain a loan denominated in supported stablecoins by transferring supported Digital Assets to Blockchain.com as collateral. The Loan Product is a limited recourse lending arrangement subject to the terms set out herein. Your obligations under the Loan Product may include repayment obligations, collateral maintenance obligations, margin requirements, and other obligations as set forth in these Loan Terms.

Blockchain.com may determine, in its sole discretion, which Digital Assets are eligible as collateral, applicable Loan-to-Value ratios, liquidation thresholds, interest rates, fees, jurisdictional availability, and all other operational parameters of the Loan Product, and may amend the same from time to time without prior notice where permitted by Applicable Law.

Nothing in these Loan Terms shall be construed as an obligation on Blockchain.com to provide any loan, extend any credit facility, or maintain the availability of the Loan Product.

2. DEFINITIONS

For the purposes of these Loan Terms:

“Collateral” means any supported Digital Assets transferred by you to Blockchain.com in connection with the Loan Product for the purpose of securing your obligations under these Loan Terms.

“Collateral Wallet” means the wallet, account, or internal ledger designated by Blockchain.com for the holding, transfer, monitoring, and management of Collateral.

“Event of Default” means any event specified in Section 9 of these Loan Terms.

“Fees” means any fees, charges, spreads, network fees, service fees, rollover fees, liquidation fees, repayment fees, or other amounts payable by you to Blockchain.com in connection with the Loan Product, as indicated on the Blockchain.com platform or otherwise communicated to you from time to time.

“Initial Loan-to-Value Ratio” or “Initial LTV” means the maximum ratio determined by Blockchain.com at the time a Loan is originated between the principal amount of the Loan and the market value of the posted Collateral.

“Liquidation Threshold” means the Loan-to-Value ratio determined by Blockchain.com at which Blockchain.com may, without prior notice, exercise its liquidation rights under these Loan Terms.

“Loan” means any fiat currency and/or supported Digital Asset credit facility made available to you by Blockchain.com under the Loan Product, together with all accrued interest, Fees, and other Outstanding Obligations.

“Loan-to-Value Ratio” or “LTV” means the ratio, as determined by Blockchain.com in its sole discretion, between the Outstanding Obligations and the market value of the relevant Collateral.

“Margin Call” means a request by Blockchain.com for additional Collateral and/or repayment following an increase in the applicable LTV.

“Outstanding Obligations” means all amounts owed by you to Blockchain.com under the Loan Product, including without limitation principal, accrued interest, Fees, costs, expenses, indemnities, and any other liabilities arising under these Loan Terms.

“Partial Liquidation” means the sale, exchange, or disposal by Blockchain.com of only such portion of your Collateral as Blockchain.com determines is necessary to restore the applicable LTV or otherwise protect its interests.

“Permitted Rehypothecation” means any use, transfer, pledge, lending, staking, rehypothecation, encumbrance, or other disposition of Collateral by Blockchain.com in accordance with these Loan Terms.

“Repayment Amount” means the total amount required to satisfy all Outstanding Obligations in full.

“Supported Assets” means such Digital Assets, fiat currencies, and stablecoins as Blockchain.com may support for the Loan Product from time to time.

“Top-Up Requirement” means the obligation to transfer additional Collateral following a Margin Call.

“Voluntary Repayment” means any repayment initiated by you prior to maturity or enforcement.

Singular terms include the plural and vice versa. References to persons include individuals, corporations, partnerships, and other legal entities.

3. ELIGIBILITY AND ONBOARDING

3.1 Eligibility Requirements

In order to access or use the Loan Product, you represent, warrant, and undertake on a continuing basis that:

1. you are at least eighteen (18) years old or the age of legal majority required under your local law, whichever is higher, and have full legal capacity to enter into these Loan Terms;
2. you are not located in, organized in, resident of, or otherwise subject to any jurisdiction where the Loan Product is prohibited, restricted, or unavailable;
3. you are not subject to any sanctions administered by any relevant governmental authority, including without limitation OFAC, the European Union, the United Nations, the United Kingdom, or any equivalent authority;
4. all Collateral transferred by you is lawfully owned by you, free and clear of any liens, encumbrances, claims, or third-party rights;
5. the source of funds and source of wealth relating to your use of the Loan Product are lawful and compliant with Applicable Law;
6. you are acting for your own account and not on behalf of any third party unless expressly disclosed to and approved by Blockchain.com;
7. you comply at all times with all Applicable Law relevant to your use of the Loan Product, including tax, exchange control, reporting, anti-money laundering, and sanctions requirements.

Blockchain.com may refuse access to the Loan Product at its sole discretion.

3.2 KYC and Compliance

As part of our compliance program and Applicable Law obligations, Blockchain.com may require you to provide information, documentation, and evidence relating to identity verification, source of wealth, source of funds, beneficial ownership, tax status, and any other information we reasonably deem necessary.

Blockchain.com may conduct ongoing due diligence, transaction monitoring, sanctions screening, and periodic re-verification during the entire duration of the Loan Product.

Failure to provide requested information, delays in responding, incomplete responses, or any concerns arising from compliance reviews may result in suspension, restriction, refusal, mandatory repayment, liquidation of Collateral, termination of the Loan Product, or any other action Blockchain.com deems appropriate.

You acknowledge that Blockchain.com may disclose relevant information to regulators, law enforcement agencies, custodians, counterparties, or service providers where required by Applicable Law.

4. COLLATERAL TRANSFER

4.1 Transfer of Title

By transferring Collateral to Blockchain.com in connection with the Loan Product, you irrevocably transfer to Blockchain.com full legal and beneficial title to such Collateral, free and clear of any liens, claims, encumbrances, or third-party interests.

Such transfer constitutes an absolute transfer of ownership and not the granting of a security interest, pledge, custody arrangement, trust arrangement, or other limited proprietary right.

Your rights in respect of the transferred Collateral shall be limited exclusively to your contractual rights under these Loan Terms, including the right, subject to full satisfaction of all Outstanding Obligations, to receive the return of equivalent assets and not the identical assets originally transferred.

4.2 No Segregation of Collateral

Collateral transferred to Blockchain.com may be pooled with assets belonging to other users, affiliates, counterparties, custodians, or Blockchain.com itself, and shall not be held in a segregated account or separately identifiable wallet unless expressly required by Applicable Law.

You acknowledge and agree that Blockchain.com shall have no obligation to maintain the same Digital Assets originally transferred by you and may satisfy any return obligation by delivering equivalent assets of the same type and amount, subject to these Loan Terms.

4.3 Rehypothecation Rights

Blockchain.com shall have the unrestricted right, without further notice or consent, to use, lend, pledge, stake, rehypothecate, transfer, assign, commingle, encumber, or otherwise dispose of any Collateral for its own account or for the account of affiliates, custodians, lenders, liquidity providers, or other counterparties. Such use may include, without limitation:

1. treasury and liquidity management;
2. collateral posting with third parties;
3. secured or unsecured financing transactions;
4. lending, borrowing, and staking arrangements;
5. risk management and hedging operations; and
6. any other commercial purpose determined by Blockchain.com.

You acknowledge that, as a result of such Permitted Rehypothecation, you may be exposed to counterparty, insolvency, and rehypothecation risks.

5. LOAN DISBURSEMENT

5.1 Loan Advance

Subject to these Loan Terms and Blockchain.com’s sole discretion, Blockchain.com may make available Loans denominated in supported Digital Assets, including stablecoins.

The amount of any Loan, the applicable LTV, interest rate, repayment schedule, maturity date, and all other commercial terms shall be determined by Blockchain.com and communicated to you through the relevant Blockchain.com interface or otherwise in writing.

No Loan shall be deemed approved until Blockchain.com has expressly confirmed the same.

5.2 No Obligation to Lend

Blockchain.com shall have no obligation to originate any Loan, increase any existing Loan, permit any drawdown, renew any facility, or continue offering the Loan Product.

Blockchain.com may refuse, delay, suspend, or cancel any Loan request, renewal, or increase at any time and for any reason, including for risk management, liquidity, market conditions, compliance concerns, or regulatory requirements, without liability to you.

5.3 Fees and Interest

You agree to pay all applicable interest and Fees associated with the Loan Product, including without limitation:

1. interest accruing on the outstanding principal;
2. service and administration fees;
3. repayment and rollover fees;
4. liquidation-related fees;
5. network and transfer fees; and
6. any other Fees disclosed by Blockchain.com from time to time.

Interest may accrue daily and may be charged, capitalized, debited from available balances, deducted from Collateral proceeds, or otherwise collected by Blockchain.com in its sole discretion.

Blockchain.com may amend applicable Fees and interest rates from time to time in accordance with Applicable Law and the User Agreement.

5.4 Dynamic Pricing and Rate Adjustments

Interest rates applicable to any Loan may vary based on factors determined by Blockchain.com, including without limitation:

1. the amount of the Loan;
2. the value or type of posted Collateral;
3. the applicable Loan-to-Value Ratio (LTV);
4. your trading volume, account activity, relationship status, or tier classification;
5. your classification as a private, wealth or other client segment;
6. market conditions, funding costs, liquidity conditions, or treasury considerations; and
7. any promotional, preferential, or individually negotiated commercial terms.

Blockchain.com may apply different rates to different users and may modify such rates, pricing tiers, thresholds, or eligibility criteria at any time in accordance with Applicable Law.

6. LOAN-TO-VALUE MONITORING

6.1 Continuous Monitoring

Blockchain.com continuously monitors the Loan-to-Value Ratio (“LTV”) of each Loan using its internal pricing methodology, valuation models, liquidity assessments, and market data sources.

For the purposes of determining LTV, Blockchain.com may rely on pricing information obtained from exchanges, liquidity providers, custodians, internal risk systems, or any other source it deems appropriate in its sole discretion.

All valuations, pricing determinations, and LTV calculations made by Blockchain.com shall be final and binding. You acknowledge that market volatility may cause rapid changes in the value of Collateral and that LTV may change significantly without prior notice.

6.2 Margin Calls

If the applicable LTV exceeds the threshold determined by Blockchain.com from time to time, Blockchain.com may require you to:

1. transfer additional Collateral;
2. make a partial repayment of the Loan; or
3. take any other action necessary to restore the required LTV.

Any such request shall constitute a Margin Call.

Blockchain.com may determine, in its sole discretion, the amount required to satisfy a Margin Call and the time period within which compliance is required.

Blockchain.com shall have no obligation to provide prior notice of a Margin Call, and failure to provide notice shall not limit any of its rights under these Loan Terms.

Failure to satisfy a Margin Call within the required timeframe may result in immediate liquidation of Collateral without further notice.

7. LIQUIDATION

7.1 Partial Liquidation as Standard Mechanism

Where the applicable LTV reaches or exceeds the Liquidation Threshold, Blockchain.com may, without prior notice, effect a Partial Liquidation of the Collateral.

Partial Liquidation shall consist of the sale, exchange, transfer, or other disposal of only such portion of the Collateral as Blockchain.com determines, in its sole discretion, is necessary to:

1. reduce the applicable LTV;
2. satisfy all or part of the Outstanding Obligations;
3. protect Blockchain.com against market, liquidity, operational, or counterparty risk; or
4. comply with Applicable Law or internal risk management policies.

Where any excess value remains following Partial Liquidation and full satisfaction of the relevant obligations, such excess may be returned to you, subject to these Loan Terms.

Blockchain.com does not guarantee that any surplus will remain or be recoverable.

7.2 Full Liquidation Rights Reserved

Notwithstanding Section 7.1, Blockchain.com may liquidate all or substantially all of your Collateral where Blockchain.com determines, in its sole discretion, that immediate or full liquidation is necessary or appropriate, including without limitation in circumstances involving:

1. extreme market volatility;
2. insufficient market liquidity;
3. execution delays or slippage;
4. market dislocation or trading interruptions;
5. mass liquidations affecting multiple users;
6. third-party liquidation events;
7. operational failures or infrastructure disruptions;
8. insolvency or counterparty risk;
9. fraud, sanctions, or compliance concerns; or
10. legal, regulatory, or supervisory requirements.

You acknowledge and agree that, in such circumstances, you may lose all posted Collateral and Blockchain.com shall have no obligation to preserve any surplus value.

7.3 No Liability for Liquidation Outcomes

Blockchain.com shall not be liable for any losses arising from or relating to:

1. the timing of any liquidation;
2. the execution venue or execution method;
3. market price movements;
4. slippage, spread, or price deterioration;
5. failed or delayed execution;
6. oracle failures or pricing discrepancies;
7. blockchain congestion;
8. third-party actions or failures; or
9. any reduction in the value of Collateral before, during, or after liquidation.

You acknowledge that liquidation may occur during periods of severe market stress and that realized liquidation values may differ materially from displayed market prices.

8. REPAYMENT

8.1 Voluntary Repayment

You may, subject to applicable minimum thresholds and operational requirements, voluntarily repay all or part of your Outstanding Obligations at any time. Voluntary Repayment may include repayment of:

1. principal;
2. accrued interest;
3. Fees; and
4. any other Outstanding Obligations due under these Loan Terms.

Blockchain.com may determine the accepted repayment methods, supported repayment assets, minimum repayment amounts, and applicable repayment fees from time to time.

Partial repayment shall not affect Blockchain.com’s rights under these Loan Terms unless expressly confirmed by Blockchain.com.

8.2 Mandatory Repayment

Blockchain.com may require immediate repayment of all or part of the Outstanding Obligations at any time, including where:

1. an Event of Default occurs;
2. Blockchain.com determines that continued exposure creates material market, legal, regulatory, or operational risk;
3. sanctions, AML, fraud, or compliance concerns arise;
4. required onboarding or KYC information is not provided;
5. Applicable Law changes affect the Loan Product; or
6. Blockchain.com discontinues the Loan Product.

Failure to satisfy a mandatory repayment request may result in immediate liquidation of Collateral without further notice.

8.3 Return of Remaining Collateral

Following full repayment of all Outstanding Obligations and subject to these Loan Terms, Blockchain.com shall return any remaining Collateral, if any, by transferring equivalent assets and not necessarily the identical assets originally transferred.

Blockchain.com shall have no obligation to return Collateral where:

1. Outstanding Obligations remain unpaid;
2. legal or regulatory restrictions apply;
3. sanctions or compliance reviews remain unresolved; or
4. set-off rights are exercised.

Any return of Collateral shall be subject to applicable network fees, withdrawal fees, transfer restrictions, and operational requirements.

9. EVENTS OF DEFAULT

Each of the following shall constitute an Event of Default:

1. failure to repay any Outstanding Obligations when due;
2. failure to satisfy a Margin Call or Top-Up Requirement;
3. breach of any representation, warranty, covenant, or obligation under these Loan Terms, the User Agreement, or any Supplemental Agreement;
4. provision of false, misleading, incomplete, or inaccurate information;
5. fraud, misconduct, or suspected unlawful activity;
6. sanctions exposure or regulatory prohibition;
7. failure to satisfy onboarding, KYC, AML, tax, or compliance requirements;
8. insolvency, bankruptcy, administration, liquidation, dissolution, or similar proceedings involving you;
9. death, incapacity, or legal disability where relevant;
10. seizure, attachment, freezing, or restriction affecting your assets;
11. any event which, in Blockchain.com’s reasonable opinion, materially increases legal, regulatory, reputational, credit, operational, or enforcement risk; or
12. any circumstance that may adversely affect Blockchain.com’s ability to enforce its rights under these Loan Terms.

Upon an Event of Default, Blockchain.com may immediately exercise any rights available under these Loan Terms, Applicable Law, or otherwise, including liquidation of Collateral, suspension of services, termination of the Loan Product, and recovery of all Outstanding Obligations.

10. RISK DISCLOSURES

You acknowledge and agree that the Loan Product involves significant risks, including the risk of partial or total loss of your Collateral. Without limitation, such risks include:

1. market volatility risk, including rapid declines in the value of Collateral;
2. forced liquidation risk, including liquidation without prior notice;
3. rehypothecation risk, including exposure to insolvency or default of custodians, counterparties, affiliates, or third parties;
4. liquidity risk, including inability to execute transactions at expected prices;
5. stablecoin risk, including de-pegging, issuer failure, regulatory action, or redemption limitations;
6. custody and operational risk, including infrastructure failures, cyber incidents, wallet failures, and transfer errors;
7. legal and regulatory risk, including changes in Applicable Law affecting the Loan Product or your rights;
8. tax risk, including adverse tax consequences and reporting obligations;
9. no deposit protection risk, including the absence of deposit insurance, investor compensation schemes, or similar protections; and
10. title transfer risk, including the transfer of full ownership of Collateral to Blockchain.com and the resulting loss of proprietary rights in the original assets transferred.

You acknowledge that Blockchain.com does not provide investment, tax, legal, accounting, or financial advice, and that you have independently assessed the suitability of the Loan Product.

11. REPRESENTATIONS, WARRANTIES AND COVENANTS

As a material inducement for Blockchain.com to provide the Loan Product, you represent, warrant, and covenant to Blockchain.com on a continuing basis for so long as any Loan remains outstanding that:

1. all information and documentation provided by you is true, accurate, complete, and not misleading;
2. you have full legal capacity, authority, and power to enter into these Loan Terms and perform your obligations hereunder;
3. you are the sole legal and beneficial owner of all Collateral transferred to Blockchain.com, free and clear of any lien, pledge, charge, encumbrance, or third-party claim;
4. all funds and Digital Assets used in connection with the Loan Product derive from lawful sources and comply with all Applicable Law;
5. you are acting as principal and for your own account and not as agent, nominee, trustee, or intermediary for any third party unless expressly disclosed to and approved by Blockchain.com;
6. where required by Applicable Law or applicable exemptions, the Loan is entered into for business, investment, treasury, or professional purposes and not for personal, family, household, or consumer purposes;
7. you understand the risks associated with the Loan Product, including the possibility of losing all Collateral, and have made your own independent assessment of its suitability;
8. you are not relying on any representation, statement, advice, recommendation, or opinion made by Blockchain.com other than as expressly set out in these Loan Terms; and
9. your entry into and performance of these Loan Terms does not violate any Applicable Law, court order, contractual restriction, or other legal obligation applicable to you.

Any breach of this Section shall constitute an Event of Default.

12. LIMITATION OF LIABILITY

To the fullest extent permitted by Applicable Law, Blockchain.com and its affiliates, officers, directors, employees, agents, service providers, custodians, counterparties, and licensors shall not be liable to you for any indirect, incidental, consequential, special, punitive, or exemplary damages, including without limitation loss of profits, loss of opportunity, loss of goodwill, loss of expected savings, loss of business, loss of digital assets, or diminution in value of Collateral.

Without limitation, Blockchain.com shall not be liable for any losses arising from or relating to:

1. market volatility or adverse price movements;
2. liquidation timing, execution price, slippage, or liquidation outcomes;
3. rehypothecation, counterparty default, insolvency, or custody failures;
4. blockchain congestion, forks, protocol failures, oracle failures, or network disruptions;
5. delays, failed transactions, partial executions, or operational interruptions;
6. actions taken by regulators, courts, law enforcement agencies, or other governmental authorities;
7. changes in Applicable Law or regulatory treatment of the Loan Product;
8. fraud, cyberattacks, unauthorized access, or security breaches not caused by Blockchain.com’s gross negligence or wilful misconduct; or
9. actions or omissions of third parties, including custodians, third-party protocols, liquidity providers, banking partners, exchanges, and counterparties.

In all cases, Blockchain.com’s total aggregate liability arising under or in connection with these Loan Terms shall not exceed the total amount of Fees actually paid by you to Blockchain.com in connection with the relevant Loan during the twelve (12) months preceding the event giving rise to the claim.

Nothing in these Loan Terms shall exclude liability where such exclusion is prohibited by Applicable Law.

13. INDEMNITY

You agree to fully indemnify, defend, and hold harmless Blockchain.com and its affiliates, officers, directors, employees, agents, custodians, service providers, and counterparties from and against any and all claims, liabilities, losses, damages, penalties, fines, judgments, costs, and expenses (including reasonable legal fees and enforcement costs) arising out of or relating to:

1. your breach of these Loan Terms, the User Agreement, or any Supplemental Agreement;
2. your violation of Applicable Law;
3. any false, misleading, incomplete, or inaccurate representation made by you;
4. any dispute relating to ownership of Collateral or third-party claims against your assets;
5. sanctions, AML, tax, or regulatory issues arising from your use of the Loan Product; or
6. any enforcement action taken by Blockchain.com in connection with your default or non-compliance.

This indemnity shall survive termination of these Loan Terms and repayment of the Loan.

14. SUSPENSION, TERMINATION AND ENFORCEMENT

Blockchain.com may, at any time and in its sole discretion, without prior notice where permitted by Applicable Law:

1. suspend or restrict your access to the Loan Product;
2. refuse any Loan request, drawdown, renewal, or increase;
3. require immediate repayment of all Outstanding Obligations;
4. liquidate part or all of your Collateral;
5. terminate the Loan Product or your access thereto; and/or
6. take any other action reasonably necessary to protect Blockchain.com’s legal, regulatory, financial, operational, or reputational interests.

Such rights may be exercised, without limitation, where:

1. an Event of Default occurs;
2. compliance, sanctions, fraud, or AML concerns arise;
3. Applicable Law changes affect the Loan Product;
4. operational, liquidity, or market conditions materially deteriorate; or
5. Blockchain.com discontinues the Loan Product.

Termination shall not affect any rights or obligations accrued prior to termination, including repayment obligations, indemnities, limitation of liability provisions, and enforcement rights.

15. TAX

You are solely responsible for determining what taxes, duties, levies, reporting obligations, withholding obligations, or other fiscal consequences may arise from your use of the Loan Product.

Blockchain.com does not provide tax, accounting, or legal advice and makes no representation regarding the tax treatment of any Loan, Collateral transfer, liquidation, repayment, or related transaction.

You shall comply with all Applicable Law relating to tax reporting, declarations, filings, and payments in all relevant jurisdictions.

Where required by Applicable Law, Blockchain.com may deduct, withhold, report, or disclose information relating to your transactions, tax status, or account activity to tax authorities, regulators, or other competent authorities.

Any taxes, duties, or charges imposed in connection with the Loan Product shall be borne exclusively by you.

16. GOVERNING LAW AND DISPUTE RESOLUTION

These Loan Terms and any non-contractual obligations arising out of or in connection with them shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to conflict of laws principles.

Any dispute, controversy, claim, or disagreement arising out of or relating to these Loan Terms, the Loan Product, or the relationship between you and Blockchain.com shall first be addressed through good faith negotiations.

If such dispute cannot be resolved amicably, it shall be finally resolved by binding arbitration seated in the Cayman Islands, in the English language, and administered in accordance with the applicable arbitration rules designated by Blockchain.com from time to time.

You waive, to the fullest extent permitted by Applicable Law, any right to participate in class actions, representative proceedings, or jury trials.

Nothing in this Section shall prevent Blockchain.com from seeking urgent injunctive relief, interim remedies, or enforcement actions before any court of competent jurisdiction.

17. AMENDMENTS

Blockchain.com may amend these Loan Terms, any Supplemental Agreements, and any operational parameters of the Loan Product (including Fees, supported assets, LTV thresholds, liquidation thresholds, and eligibility criteria) at any time.

Any such amendments shall become effective upon posting on the Blockchain.com platform, website, mobile application, or other official communication channel, unless otherwise stated.

Your continued access to or use of the Loan Product following such amendment constitutes your acceptance of the updated terms.

If you do not agree to any amendment, your sole remedy is to cease using the Loan Product and repay all Outstanding Obligations in accordance with these Loan Terms.

18. MISCELLANEOUS

18.1 Entire Agreement

These Loan Terms, together with the User Agreement and all Supplemental Agreements, constitute the entire agreement between you and Blockchain.com in relation to the Loan Product and supersede all prior discussions, understandings, and agreements relating thereto.

18.2 Assignment

You may not assign, transfer, charge, or otherwise dispose of any rights or obligations under these Loan Terms without Blockchain.com’s prior written consent.

Blockchain.com may assign, novate, transfer, or delegate any of its rights or obligations under these Loan Terms to any affiliate, successor, purchaser, or third party without your consent.

18.3 No Waiver

No failure or delay by Blockchain.com in exercising any right, remedy, power, or privilege under these Loan Terms shall operate as a waiver thereof.

Any waiver must be in writing and signed by Blockchain.com.

18.4 Severability

If any provision of these Loan Terms is determined to be invalid, unlawful, or unenforceable, the remaining provisions shall remain in full force and effect.

18.5 Survival

Any provisions which by their nature should survive termination shall survive termination, including without limitation provisions relating to repayment, liquidation, indemnity, limitation of liability, dispute resolution, and tax.

18.6 Notices

Blockchain.com may provide notices to you through the platform, email, mobile application, or any other contact details provided by you.

You are responsible for ensuring that your contact details remain accurate and up to date.

18.7 Electronic Consent

You consent to the use of electronic signatures, electronic records, and electronic communications for all matters relating to the Loan Product.

Such electronic records shall have the same legal effect as physical documents and handwritten signatures.

18.8 Force Majeure

Blockchain.com shall not be liable for any delay, failure, suspension, or inability to perform arising from causes beyond its reasonable control, including without limitation market disruptions, cyber incidents, war, sanctions, governmental action, regulatory intervention, natural disasters, epidemic or pandemic, failure or interruption of telecommunications, power supply or internet infrastructure, or other events commonly understood as force majeure.