What is an exchange account and what happens when I open one?

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 and nous 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. Laser Money integrates with your Binance account through API keys and remotely manages your portfolio for you

If you don't already have an exchange account with Binance, open one here. Once you open an account on Binance, finish your KYC and fund your account using your local currency, i.e, purchase enough USDT using INR. 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