Difference Between Wallet and Vault Security on Coinbase ?

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I checked the info they post on their site but can someone ELI5 what the differences are and if the vault is in fact "more secure"?

submitted by /u/awertheim
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1 CRYPTO

Crypto News & ICO Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

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Ticker

1 BTC = $27653.09 USD  (via Coinbase)
1 ETH = $1891.17 USD  (via Coinbase)
1 LTC = $90.96 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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