Try to understand my perspective. I am on Independent Reserve.
I make a 'Market Buy' for Bitcoin (for example), using AUD.
This market buy is probably recorded on the Independent reserve website so I can see it when I log in (haven't done it yet so I'm not sure).
Where does the wallet come into this.. Does the Independent Reserve website say, 'tell us where your wallet is and we'll send a record of the bitcoin you bought there' ? So.. going forward I can look in my wallet and see my holdings... How does this work?
See what I mean, I'm drawing a blank on a fundamental point here!