Confused about hardware and software wallets - Online or offline?

1

Toshi

Coinbase Wallet actually offers a reasonable half-way point between the two as far as security goes where the key is kept on your mobile device where compartmentalization is stronger and malware is less common. The browser extension sends the transaction to your mobile device for signing so the key is again never exposed on your computer or in the web browser.

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2

MetaMask.io

In a software wallet they are stored on whatever disk and in the memory of the device running the wallet. Typically it is encrypted, but if the operating system or the app itself is compromised your seed/key could be stolen. Ex: Metamask.

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