A Software Wallet is a digital wallet that is used to store and manage digital currencies such as Bitcoin. It is a type of hot wallet, which means that it is connected to the internet and is therefore more vulnerable to hacking. Software wallets are typically accessed through a web browser or a mobile app and are used to manage and make transactions with cryptocurrencies. They are generally considered to be less secure than hardware wallets, but they offer the convenience of being accessible from any device with an internet connection.
The most popular Software Wallets are MetaMask, Trust Wallet, Nami Wallet, Exodus and more.
See also: Wallet, Hardware Wallet, Non-Custodial Wallet.