Page cover

🗄️Exchange Account

Once you open an exchange account with Binance, you can now buy/sell/store crypto tokens. While doing all of this with decentralized crypto wallets is considered the gold standard of safety in crypto, the unfamiliar UX and complicated operating procedures of a decentralized crypto wallet can be a significant barrier to newcomers.

Centralized exchanges like Binance with their simple interfaces and intuitive handling are, therefore, great places to start your crypto journey. They provide you easy access to liquidity (i.e, more buyers and sellers of crypto for your entry and exit in the market) and a convenient storage option. Once you integrate your Laser account with your Binance account, Laser Money remotely manages your portfolio for you.

If you don't already have an exchange account with Binance, open one here (hyperlink to Binance signup page). Once you open an account on Binance, finish your KYC and fund (hyperlink to FAQ - exchange account) your Binance account using your local currency, i.e, purchase enough USDT using your card, internet banking, UPI, etc. For eg, if you want to make a crypto investment of USD 1000, purchase USDT worth USD 1000.

Then, make your way to Laser Money and get started with investing/trading.

Cover
  • As of now, you can connect to Binance.

  • We are working on connecting other exchanges ASAP.

Cover
  • When you connect your exchange account with Laser, you provide us API access to your account. So, when you invest in a Laser portfolio, your assets are bought/sold/stored in your exchange Binance account.

  • This is to ensure that your funds and assets are under your control, not ours.

Last updated