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How to use BitPie cold wallet correctly

Sep 27, 2024 pm 01:14 PM
cryptocurrency Binance cold wallet

How to use BitPie cold wallet correctly

How to use BitPie cold wallet

Foreword

BitPie cold wallet is an offline encryption Currency storage solution that provides secure storage for your assets. This tutorial will guide you on how to properly use a BitPie cold wallet to keep your cryptocurrencies safe.

Step 1: Create Wallet

  • Download the BitPie app from the official website or app store.
  • Launch the app and follow the prompts to create a wallet.
  • Set a secure password to encrypt your wallet.

Step 2: Back up your wallet

  • BitPie will generate a 12-word recovery phrase.
  • Write down your recovery phrase and store it in a safe place.
  • The recovery phrase is the only way to access your wallet and assets, please keep it safe.

Step 3: Receive and Store Cryptocurrency

  • Open the BitPie app and select the type of cryptocurrency you want to receive.
  • Generate a receiving address and share it with the sender.
  • Once the cryptocurrency is received, it will be stored in your cold wallet, offline and safe.

Step 4: Send Cryptocurrency

  • Select the cryptocurrency and amount you want to send.
  • Enter the recipient’s wallet address.
  • Confirm the transaction and pay the transaction fee.

Step 5: Recover your wallet (optional)

  • If your device is lost or damaged, you can recover using your recovery phrase your wallet.
  • Install the BitPie app on your new device.
  • Select "Restore Wallet" and enter your recovery phrase.

Tip

  • Check the BitPie app regularly for updates.
  • Always keep your device software up to date.
  • Take good care of your recovery phrase and store it in a safe place regularly.
  • Never reveal your password or recovery phrase to anyone.

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