Can any friends explain the difference between web3 wallet a

Can any friends explain the difference between web3 wallet and Exchange? What are the differences? What are the advantages and disadvantages? Which one should I use? Please teach me. Thank you. 

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Can any friends explain the difference between web3 wallet and Exchange? What are the differences? What are the advantages and disadvantages? Which one should I use? Please teach me. Thank you.

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Can any friends explain the difference between web3 wallet and Exchange? What are the differences? What are the advantages and disadvantages? Which one should I use? Please teach me. Thank you.