Like any other cryptocurrency, Ethers can be stored in different crypto wallets. You can choose between a third-party wallet or a wallet provided by an exchange. Although they may grant easy access to your funds and speed up the trading process, that can be risky as various exchanges sometimes get hacked. The Ethereum platform also enables you to create a personal wallet, where you and only you will have full control over the private key and your funds. You can also choose a hot (software apps for quick exchanges and purchases) or cold (special hardware devices for long-term coin storage) wallet (or even both) to store your Ether coins safely.