Company: FLDDW
Filing Date: 2025-04-01
Form Type: S-1
Source: 0001213900-25-026537
Chunk: 141

Company: Fold Holdings, Inc.
Filing Date: 2025-04-01
Form: S-1
Chunk 141
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 Round-Ups option in the Bitcoin tab of the Fold app and toggles that option to “On”. Users are then prompted to choose                     
 a multiplier — 1x, 2x, 5x, or 10x — that will be applied to their Round-Ups purchase. For example, if                                          
 a user turns on Round-Ups, selects a multiplier of 5x, and then spends $5.73 on their Fold Card, that Fold Card transaction will result        
 in a Round-Up of $1.35 ($0.27 “change” * 5x multiplier). There is a $10 minimum purchase amount for this feature, so users                     
 accumulate Round-Ups until their Round-Up balance meets or exceeds that threshold, at which time a bitcoin purchase is automatically initiated 
 via the API flow to our Bitcoin Service Providers described in the “Spot Buys” section above. To turn this feature off, users                  
 can navigate to the Round-Ups option in the Bitcoin tab of the Fold app and toggle that option to “Off”. This action immediately               
 disables all future Round-Up purchases and resets their accumulated Round-Ups balance to zero.                                                 |

| ● | To sell bitcoin, users navigate to the Bitcoin tab of the Fold app and select the “Send”                                                     
 button. They then select the “Push to Card” option which prompts them to enter a specific USD amount they wish to sell. After                
 inputting that amount they are taken to a confirmation screen that displays the sale amount, the estimated exchange rate of the transaction, 
 and any transaction fees as applicable. After confirming the transaction a series of automated API requests are sent to Fold’s Bitcoin       
 Service Providers requesting to complete the trade. The Bitcoin Service Provider then processes the trade using their own technology and     
 liquidity partners. If a processing error is encountered, whether at Fold or at the Bitcoin Service Provider, the sale is considered failed  
 and the BTC is returned to the user’s account. Once Fold receives a success notification from our Bitcoin Service Provider via API,          
 the USD becomes visible in the user’s app and they receive a sale confirmation email with the final details of the transaction.              |

| ● | To withdraw bitcoin, users navigate to the Bitcoin tab of the Fold app and select the “Send”                                                 
 button. They then select the “Withdraw” option which prompts them to enter a specific bitcoin address to send to. Users are                  
 currently only able to withdraw 100% of their available bitcoin balance. After entering the address, users are