tldr; When you own cryptocurrency, you actually own the right to use the cryptocurrency. The crypto coins live on the blockchain and the keys to your coins live where you choose (ideally in a secure location where no one else can access). The coins themselves don’t exist on any device or platform, not even on Ledger devices. Your wallet only stores and protects your private key.
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.