Question: For some crypto wallets held on popular exchanges like Coinbase, transactions might not ever appear on the public blockchain. What causes this to occur? Group

For some crypto wallets held on popular exchanges like Coinbase, transactions might not ever appear on the public blockchain. What causes this to occur?

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The wallet holders on Coinbase do not actually own crypto, but more of an IOU balance representing the value of their fiat in crypto coins

Coinbase only adds transactions to the blockchain when a customer sends money outside the platform

Coinbase does not permit independent miners on its platform

Coinbase only adds transactions to the blockchain when a customer receives crypto from an external source

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