Which Layer2 tokens are supported by Bitpie Wallet? Learn about your options and usage tips!

May 13, 2025

Table of contents

What is Layer 2 technology?
3. Layer2 Tokens Supported by Bitpie Wallet

Ethereum Layer2 solution
Bitcoin Layer2 solution
What is a Layer 2 solution?

Techniques for increasing the productivity of managing Layer2 currencies

Tips to Improve Trading Efficiency ?
Tips for ensuring the security of funds
Tips for improving user experience

Frequently Asked Questions

Is Bitpie Wallet safe?
2. Supported main chain cryptocurrencies in Bitpie wallet
How to perform Layer2 transactions in Bitpie Wallet?
How to transfer Layer 2 tokens back to the main chain?
How are the fees for Layer 2 currencies calculated?
How to view supported Layer2 currencies in the Bitpie wallet?

Tip:

The Bitpie wallet is a widely popular cryptocurrency wallet, widely used for its support of multiple currencies and security features. In the cryptocurrency industry, Layer2 solutions are increasingly gaining attention for their ability to improve transaction speed and reduce costs. In this article, we will explore in detail the Layer2 currencies supported by the Bitpie wallet, while providing some practical tips to help you manage digital assets more efficiently.

What is Layer 2 technology?

Layer2 refers to a solution built on top of the underlying blockchain to improve transaction speed and scalability. By moving some computations and transactions to the second layer, Layer2 solutions effectively address congestion issues on the base chain, reduce transaction fees, and enhance user experience. Popular choices for Layer2 solutions include Lightning Network and Rollups.

3. Layer2 Tokens Supported by Bitpie Wallet

The Bitpie wallet currently supports multiple Layer2 currencies. Here are some of the main currencies:

Which Layer2 tokens are supported by Bitpie Wallet? Learn about your options and usage tips!

Ethereum Layer2 solution

Ethereum was the first platform to adopt Layer2 technology, and here are some supported currencies:

MATIC（Polygon）Polygon is an extension solution for Ethereum, known for its low fees and fast transactions.

OptimismSolution based on Optimistic Rollups, used to improve the scalability of the Ethereum ecosystem.

Bitcoin Layer2 solution

Bitcoin also has its Layer2 solutions:

Lightning NetworkThe Lightning Network is a Layer 2 solution for Bitcoin that allows users to conduct extremely fast microtransactions with almost no fees.

Liquid NetworkA sidechain solution aimed at improving the liquidity and other transaction functions of Bitcoin.

What is a Layer 2 solution?

Apart from Ethereum and Bitcoin, there are several other Layer2 solutions that are widely used:

ArbitrumSimilarly based on Optimistic Rollups, the Layer2 solution aims to provide faster transactions and lower fees.

zkSyncA solution based on ZK Rollups, to improve security and privacy, is also supported in the Bitpie wallet.

Techniques for increasing the productivity of managing Layer2 currencies

Tips to Improve Trading Efficiency ?

Batch trading functionUsing the batch transaction feature in the Bitpie wallet can save time and reduce fees. Processing multiple transactions at once is a good choice.

Set trade priorityBy setting the priority of the transaction, you can ensure that important transactions are confirmed more quickly during network congestion. Generally, higher fees will prioritize the processing of the transaction.

Tips for ensuring the security of funds

Enable two-factor authenticationEnabling two-factor authentication is necessary to ensure the security of your account. This can effectively prevent unauthorized access.

Regularly back up your wallet.Regularly back up your wallet files to ensure that funds are not lost in case of an accident. You can use paper wallets or hardware wallets for backup.

Tips for improving user experience

Familiar with the characteristics of different currenciesEach Layer2 cryptocurrency has its unique advantages and disadvantages, such as transaction fees, scalability, and network speed. By understanding these characteristics in depth, you can better choose the currency that suits your trading needs.

Frequently Asked Questions

Is Bitpie Wallet safe?

The Bitpie wallet uses multi-layer encryption and offline storage technology to provide users with a high level of security. Before using the wallet, make sure to enable two-factor authentication and regularly back up your recovery mnemonic to enhance security.

2. Supported main chain cryptocurrencies in Bitpie wallet

The Bitpie wallet supports a wide range of main chain cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and more. The transaction functions and usage methods may vary for each cryptocurrency, so users need to operate according to the specific cryptocurrency.

How to perform Layer2 transactions in Bitpie Wallet?

Users can select the currency they want to conduct Layer2 transactions with on the Bitpie wallet interface and follow the prompts. It is important to choose the appropriate transaction fee to ensure that the transaction can be confirmed quickly.

How to transfer Layer 2 tokens back to the main chain?

The steps to transfer Layer2 tokens back to the main chain typically include selecting the currency to be converted, entering the target address, and confirming the transaction fee. In the Bitpie wallet, make sure to set the target address correctly to avoid any loss of funds.

How are the fees for Layer 2 currencies calculated?

The cost of Layer 2 transactions is usually lower than the main chain, thanks to the optimized transaction confirmation process. Specifically, transaction fees will fluctuate based on the current network load, so it is recommended to pay attention to the market conditions in advance when conducting a large number of transactions.

How to view supported Layer2 currencies in the Bitpie wallet?

In the interface of Bitpie wallet, you can find supported Layer2 currencies through "Assets" and "Currency List". If you are not familiar with a certain currency, you can check the relevant introduction.

Tip:

When using the Bitpie wallet and managing Layer2 currencies, it is recommended to stay sensitive to market trends, regularly follow relevant technical and news updates, in order to make wiser investment decisions. Additionally, being familiar with usage methods and security measures can help you manage digital assets more smoothly.

By understanding the Layer2 currencies supported by the Bitpie wallet and related usage tips, you can manage and trade crypto assets more effectively. Stay cautious, adjust your strategies timely, and it will help you succeed in the ever-changing crypto market.