For anyone looking to participate in the Ethereum ecosystem, creating an Ethereum-based wallet is often the first step. With a wallet, users can trade or hold Ether and interact with decentralized applications (DApps) and smart contracts built on the Ethereum platform. Thus, the wallet facilitates financial and interactive experiences for the user within the Ethereum ecosystem. This guide explains how to set up and create an ETH wallet on a centralized exchange (CEX) and a decentralized exchange (DEX) and how to set up a hardware wallet. Go through the link for further detail - https://cointelegraph.com/news/how-to-set-up-and-create-an-ethereum-wallet Source - Coin Telegraph