Web wallets or online wallets use the cloud storage system and can be accessed from anywhere. Additionally, they are often much faster than other types of Bitcoingold paper wallet. However, since your keys are stored online and are mostly kept on third-party servers, it is quite possible to become the target of cyber attacks, malware, scams and attackers. In addition, on the basis of the wallet, you do not own it, because it is provided by a firm and the security of your funds is not in your control.