Yes. That was very helpful! I'm a newbie so I'm still researching. I wanted to ask you two questions:

1.How do you determine what type of wallet to put your coins in? I know that if you buy Bitcoin, they would go in a Bitcoin wallet. For example, if I bought Stellar (XLM) coins, what wallet would I put it in? Is there a website that tells you what wallet to use?

2. Is Coinbase an exchange site AND a wallet?

3. If I create an ETH wallet on Coinbase, do I also need to use a "My Ether Wallet"

Thank you!