What do you own when you buy crypto?

Coinbase.com stores your crypto for you after you buy it . You do not need a Coinbase.com account to use Coinbase Wallet. Coinbase Wallet is a self-custody wallet. The private keys (that represent ownership of the crypto) are stored directly on your device and not within a centralized exchange like Coinbase.com.

Crypto.com lets users buy, sell, and trade more than 250 different cryptocurrencies.

This means you get full access and control of your crypto private keys. You have complete ownership of your crypto when they are stored in the Crypto.com Wallet , unlike a centralized custodian on the Crypto.com App.

You “own” a record on the blockchain , pointing to your public key as the one allowed to spend a specific amount of BTC.