Definitions
A wallet is simply somewhere that you can keep your cryptocurrency holdings. Crypto wallets are divided into:
Software wallets, which can be installed on your computer.
Mobile wallets, which are available for mobile devices.
Web wallets, which are hosted online and are available through any web browser.
Paper wallets, which are made by printing your public and private keys (or QR codes) on a piece of paper and securing it the old fashioned way.