Digital Asset Transaction Account Terms

Acceptance of these Terms

By opening or using a Transaction Account, or by transferring any Supported Digital Asset to a Transaction Account, you confirm that you have read, understood, and accept these Digital Asset Transaction Account Terms (these "Terms"). The following additional Pyrus terms are incorporated into these Terms by reference: our Terms of Service, Privacy Policy, Risk Disclosure Statement, and Disclaimers.

The provider of your Transaction Account is Pyrus Financial Inc., a Delaware corporation, together with its subsidiaries and affiliates, including Pyrus Credit LLC (collectively, "Pyrus," "we," "us," or "our"). Capitalized terms used but not defined in these Terms have the meanings given below or in your Loan Agreement.

Your Transaction Account

A "Transaction Account" is an account that may allow you to (a) receive Supported Digital Assets from Pyrus, including the return of collateral after your loan is repaid, where you elect to have it retained rather than withdrawn to your own wallet; (b) transfer Supported Digital Assets to Pyrus to use with the Services, including, where supported, to make a payment or provide a down payment; and (c) withdraw Supported Digital Assets to an external wallet address. Some features may not be available at all times, and Pyrus may add, change, or discontinue them in its sole discretion.

To obtain a Transaction Account, you must have a Pyrus account and have completed our identity-verification process. Only digital assets that Pyrus designates from time to time are eligible to be held in a Transaction Account (each, a "Supported Digital Asset"). Pyrus may add, suspend, or remove Supported Digital Assets at any time. We may charge a fee for the use of a Transaction Account or for processing a transfer, which we will disclose to you in advance. We may decline to provide a Transaction Account, or close one, where we determine we are unable to offer it for legal, regulatory, or risk reasons, including if you are a resident of an Ineligible Jurisdiction. If we do, we will return the account balance to you unless prohibited by applicable law.

Transferring Supported Digital Assets to your Transaction Account

You may transfer Supported Digital Assets from your external wallet to the Transaction Account address shown in your Pyrus account. A transfer is not settled or available until it has received the number of network confirmations we require for the relevant asset. You must transfer Supported Digital Assets only from a wallet that belongs to you and not to any third party, and you acknowledge that we rely on that representation. Do not transfer any unsupported asset to your Transaction Account address. Unsupported assets may be unrecoverable and permanently lost, and Pyrus is not liable for any such loss.

Withdrawing Supported Digital Assets from your Transaction Account

You may request a partial or complete withdrawal of Supported Digital Assets from your Transaction Account to an external wallet address (an "External Transfer") at any time, subject to any limits we apply. We may take a reasonable period to process a withdrawal, including time needed to complete security and compliance checks, and we may request additional information or verification before processing. You are responsible for providing accurate and complete withdrawal details. If the destination address is incorrect, incompatible, or belongs to a third party, the assets may be permanently lost, and Pyrus is not liable for any resulting loss. External Transfers may incur network fees and any applicable Pyrus fee, which will be deducted from the amount withdrawn. Pyrus is not responsible for delays caused by network conditions or the blockchain.

Transfer of legal and beneficial ownership

You acknowledge and agree that, when you transfer a Supported Digital Asset into a Transaction Account, full legal and beneficial ownership of that asset transfers to Pyrus. Accordingly: (i) title to the transferred asset vests in Pyrus free and clear of any lien or claim; (ii) neither Pyrus nor any other person is safekeeping or administering the asset on your behalf or providing you any custodial service in respect of it; and (iii) Pyrus's obligation to you is a contractual obligation to return an equivalent amount of the same Supported Digital Asset to you upon a valid withdrawal request, subject to these Terms and to Pyrus's set-off and other rights. Pyrus will not lend, sell, invest, or otherwise use Supported Digital Assets held in a Transaction Account. This treatment of Transaction Account assets is separate from the treatment of loan collateral, which is governed by your Loan Agreement.

Custody

Supported Digital Assets in a Transaction Account are held with a qualified third-party custodian that Pyrus appoints from time to time, and Pyrus may change the custodian without prior notice. The custody account is opened and maintained for and on behalf of Pyrus and not you. You acknowledge that, for operational purposes, Supported Digital Assets may from time to time be held by Pyrus in operational wallets outside the custodian. Such wallets are controlled by Pyrus on its own behalf and do not create any custodial relationship with you.

No deposit insurance

Supported Digital Assets held in a Transaction Account are not legal tender, are not a deposit, and are not insured or guaranteed by the FDIC, SIPC, or any other deposit insurer or investor-protection fund. You are exposed to the credit and insolvency risk of Pyrus and the custodian, as further described in the Risk Disclosure Statement.

Suspension, restriction, or closure

We may suspend, restrict, or close your Transaction Account, or withhold or delay a withdrawal, if you fail to comply with these Terms or if we determine it is reasonably necessary to comply with our compliance program; a court order or law-enforcement or regulatory request; applicable law; controls to prevent or investigate fraud or suspicious activity; or other security reasons. If we close your Transaction Account and it holds a balance, we will return the balance to you unless prohibited by applicable law.

Taxes

You are solely responsible for determining and satisfying any tax obligations arising from transactions in your Transaction Account, and for reporting and remitting any such taxes to the appropriate authorities. Pyrus does not provide tax advice and may report information or withhold taxes to the extent required by applicable law.

Your representations and warranties

As a continuing condition of using a Transaction Account, you represent and warrant that: you are eligible to use the Services and are not a resident of an Ineligible Jurisdiction; you have good title to each asset you transfer, free of any lien or third-party claim, and the right to transfer it; you are not insolvent; your use of the account complies with all applicable laws, including anti-money-laundering, sanctions, and anti-corruption laws; and none of the assets you transfer represents proceeds of unlawful activity. You will notify us of any change to your state of residence or, if you are an entity, your principal place of business or jurisdiction of formation. The full representations applicable to you are set out in your Loan Agreement and the Terms of Service and are incorporated here.

Hard forks

In the event of a hard fork or similar network event affecting a Supported Digital Asset, support for any resulting new asset is at Pyrus's sole discretion. Pyrus is not obligated to monitor, maintain, deliver, or credit you for any new or forked asset, and all determinations regarding forks will be made by Pyrus in accordance with applicable law.

Disclaimer of liability; indemnification

To the maximum extent permitted by applicable law, the Company Parties (as defined in the Terms of Service) will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, goodwill, or data, or any diminution in value of a Supported Digital Asset, arising out of or relating to your Transaction Account or these Terms, whether based in contract, tort, negligence, or otherwise, even if advised of the possibility of such damages. You will indemnify and hold the Company Parties harmless from claims, liabilities, losses, and expenses (including reasonable attorneys' fees) arising out of or relating to your use of the Transaction Account, your breach of these Terms, or your violation of applicable law. If this section conflicts with another section of these Terms, this section controls.

Set-off

Pyrus may set off or apply Supported Digital Assets in your Transaction Account against any matured obligation you owe to Pyrus or its affiliates, whether under these Terms, a Loan Agreement, or otherwise, to the extent permitted by applicable law. We will use commercially reasonable efforts to notify you after exercising a set-off right, but failure to give notice does not affect its validity.

General

We may update these Terms from time to time for commercial, security, legal, or regulatory reasons. Updates take effect when posted unless a later date is stated, and we will provide additional notice where required by law. We may disclose information about your Transaction Account in accordance with our Privacy Policy and applicable law. You may not assign these Terms; we may assign them, in whole or in part, without notice. These Terms, together with the documents incorporated by reference and any Loan Agreement, are the entire agreement between you and Pyrus regarding the Transaction Account. If any provision is held invalid or unenforceable, the remaining provisions remain in effect. These Terms are governed by the laws of the State of Delaware, except that any arbitration is governed by the Federal Arbitration Act and except where the law of your state of residence governs and may not be waived, and any dispute is subject to the dispute-resolution provisions of your Loan Agreement or, if none applies, the Terms of Service. Section headings are for convenience only, and "including" means "including without limitation."

Definitions

• "Loan Agreement" means your Bitcoin Equity Loan and Security Agreement with Pyrus and its schedules and exhibits.
• "Supported Digital Asset" means a digital asset that Pyrus designates as eligible to be held in a Transaction Account.
• "Ineligible Jurisdiction" has the meaning given in the Ineligible Jurisdictions page.

Last updated: March 12, 2026