Desktop wallet: A wallet that is accessed through a web browser on a PC or tablet.
Mobile wallet: A wallet that is accessed through a smartphone application.
A web wallet is a wallet that stores cryptographic assets (coins) on the Internet. Wallets provided by crypto exchanges also fall under the category of web wallets. The most attractive feature of a web wallet is that it allows you to easily transfer money at any time, but as it is connected to the Internet, there is always the risk of being hacked. Therefore, it is necessary to take countermeasures such as two-step authentication when logging in and regular password exchange, and Moonstake recommends its use.
A mobile wallet is a smartphone application that can be used by installing an iPhone or Android application. Mobile wallets are more secure than web wallets because the private key is managed only in the smartphone, and they have the advantage of being easy to carry around like a real wallet. However, there is a risk of losing your coins if the smartphone itself malfunctions or is stolen.