Ionic compounds: 1. Form crystals and conduct electricity when dissolved in water or molten but do not conduct in solid state. 2. Are hard, brittle, and have high melting and boiling points. 3. Are good electrical insulators. Covalent bonds: 1. Result from the sharing of electron pairs between two atoms. 2. Occur when electron pairs are shared by atoms, as seen in single, double and triple bonds between similar or dissimilar atoms. 3. Differ from ionic bonds which form through the transfer of electrons between metals and nonmetals.