Coinbase is the most trusted cryptocurrency platform, and an ideal starting point if you're new to crypto. They started in 2012 with the idea that anyone, anywhere, should be able to easily and securely send and receive Bitcoin. Today, they offer a trusted and easy-to-use platform for accessing the broader cryptoeconomy.

[When you deposit on a centralised exchange you receive an IOU for your tokens, which shows up as your wallet balance. When your tokens are held on a centralised exchange, you don't physically own them – the exchange does, and you may lose them]