How can I participate in NFT exchanges through the Bitpie wallet?

Jun 05,2025

In recent years, NFTs (Non-Fungible Tokens) have gradually entered the public eye, with various forms of digital assets such as digital art, virtual real estate, and in-game items emerging one after another, attracting the participation of numerous investors and creators. At the same time, with the rapid development of blockchain technology, more and more tools have emerged to simplify the creation, trading, and management of NFTs. Bitpie Wallet is one such highly regarded digital asset management tool, especially demonstrating its unique convenience and security when participating in NFT exchanges.

This article will provide you with a detailed introduction on how to participate in NFT exchanges using the Bitpie wallet, offering practical tips to improve your operational efficiency while ensuring the security of your digital assets. Here are some specific methods and suggestions to help you make better use of the Bitpie wallet for NFT transactions.

Bitpie Wallet

Bitpie Wallet is a multi-chain digital asset wallet that supports Bitcoin, Ethereum, TRON, and numerous NFTs based on the ERC-721 and ERC-1155 standards. It not only provides secure asset storage but also supports connection to decentralized applications (DApps), enabling users to conveniently buy, sell, and exchange NFTs.

Main features of Bitpie Wallet

High securityBitpie Wallet uses multi-signature technology and cold wallet storage to ensure the security of users' private keys and digital assets.

User-friendly interfaceEven beginners can easily get started, as the user interface is simple and straightforward.

Cross-chain supportSupports multiple blockchain networks, allowing users to trade across different platforms.

DApp IntegrationIt can be directly connected to many decentralized trading platforms (such as OpenSea, Rarible, etc.) to facilitate convenient NFT transactions.

How to purchase NFTs in the Bitpie wallet?

Step 1: Download and install the Bitpie Wallet.

Go to the official Bitpie website or app store to download and install the Bitpie wallet. When creating an account, make sure you have properly backed up your recovery mnemonic phrase to ensure the security of your account. Remember, do not disclose your mnemonic phrase to anyone.

Step 2: Deposit digital currency

To purchase NFTs, you need to deposit a certain amount of Ethereum or other supported digital assets into your Bitpie wallet. You can buy them through a cryptocurrency exchange and transfer them to your Bitpie wallet address.

Step 3: Connect to the DApp platform

In the wallet, select the decentralized application you want to use, such as OpenSea. Use the browser feature within the wallet to directly access these platforms and connect your Bitpie wallet.

Step 4: Browse and purchase NFTs

In the NFT marketplace, you can browse various NFTs, view their details, sale prices, and owners. Select the NFT you are interested in, click to purchase, and confirm the relevant transaction information.

How to sell NFTs in Bitpie Wallet?

Step 1: Choose your NFT

Enter the Bitpie wallet and find the NFT you want to sell. In "My Assets," click on the NFT details to view relevant attributes and transaction history.

Step 2: Set the selling price

After selecting the NFT you want to sell, you can set the price (either as a fixed price or in auction format) and confirm the sales method. When setting the price, it is recommended to refer to market trends and the prices of similar NFTs.

Step 3: Confirm the transaction

After publishing the NFT sale information, the system will prompt you to confirm the transaction. Once you have verified everything is correct, click "Sell" to list the NFT.

Step 4: Manage Transactions

After selling an NFT, you can check the transaction progress and buyer information in "My Assets," and maintain communication with the buyer to update the transaction status at any time.

Tips for Participating in NFT Trading

Five Practical Tips to Improve Trading Efficiency

Dynamically monitor market trendsUse market tracking tools and social platforms to obtain information on popular NFT trends and price fluctuations, and seize the best buying opportunities.

Example:Subscribe to dynamic notifications from the NFT marketplace to receive the latest information on NFT sales and auctions.

Set prices reasonablyWhen selling NFTs, refer to the prices of similar NFTs on the market and set a reasonable selling value to attract buyers.

Example:Use data analysis tools to compare sales volume and prices to find the optimal selling price.

Actively participate in community interactionsJoin NFT-related social groups (such as Telegram, Discord, etc.) to communicate with other users and gain inspiration for trading and creation.

Example:Participate in live events with NFT artists to learn about their creative process and market feedback.

Utilize popular NFT toolsUse platform-recommended tools (such as price prediction and auction analysis software) to help you gain more information in your transactions.

Example:Use the price estimation tool to estimate the market value of your NFT within a specific time period.

How to ensure safetyWhen conducting transactions, be sure to pay attention to the reputation of the trading platform and use two-factor authentication to ensure the security of your account.

Example:Regularly change your passwords and use a hardware wallet for offline storage of important assets.

Frequently Asked Questions

Is Bitpie Wallet safe?

Bitpie Wallet provides high security through multi-signature, cold wallet storage, and mnemonic phrase protection. Be sure to keep your mnemonic phrase safe to prevent loss or leakage.

How do I find my NFTs in Bitpie Wallet?

You can find your NFTs in the "My Assets" section of the Bitpie wallet, where the system will automatically display all the digital assets you own.

How do I cancel my NFT sale?

After you sell an NFT, if you want to withdraw it, you can find your sales record on the DApp platform and select "Cancel Sale."

How to create an NFT in Bitpie Wallet?

Yes, Bitpie Wallet allows users to directly create NFTs on the platform. You just need to upload the relevant digital assets, set the details, and pay the associated fees.

How should the proceeds from the sale be handled?

After selling an NFT, the proceeds will be directly deposited into your Bitpie wallet. You can withdraw them at any time or use them to purchase other NFTs again.

Which cryptocurrencies are supported by Bitpie Wallet?

Bitpie Wallet supports a variety of mainstream digital assets, such as Bitcoin, Ethereum, TRON, as well as various NFTs based on the ERC-721 and ERC-1155 standards.

V. Conclusion

Participating in NFT exchanges through the Bitpie wallet not only makes transactions convenient and secure, but also enables users to easily establish themselves in the world of digital assets. With the skills and techniques mentioned above, we believe you will be able to buy and sell NFTs with greater confidence.

Make sure to stay vigilant and manage your assets well with every transaction. The future of NFTs remains vast—let's embrace this new world of digital art together.