Whats the benefit of having my money stored in the official wallet vs. Coinbase?

Not a crypto expert, and I kind of understand the concept that I don’t actually OWN the algos that I have in coinbase... I think.

Also what is the interest rate in the official wallet vs. coinbase? I know CB is 6% rn, but I can’t find the Algorand Wallets official numbers.

If anyone could enlighten me that would be great. ?✋

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