Please make sure to use the only official Bitpie website: https://bitpieaaa.com
bitpie
Home Page Announcement Contact Us

English

arrow

BEP20 Tokens Supported by Bitpie Wallet: A Comprehensive Guide to Your Digital Assets

bitpie
June 07, 2025

As a highly popular digital currency wallet, Bitpie Wallet is not just a tool for storing and managing digital assets, but also an important platform for users to conduct cryptocurrency transactions and investments. Especially in terms of BEP20 token support, Bitpie Wallet demonstrates its strong compatibility and convenience. This article will delve into the BEP20 tokens supported by Bitpie Wallet, including their features, advantages, and how to manage them securely within the wallet, enabling users to better take control of their digital assets.

1. What is a BEP20 token?

BEP20 tokens are a token standard created on the Binance Smart Chain (BSC), similar to Ethereum's ERC20 tokens. BEP20 tokens not only possess the basic functions of ERC20 tokens but also take advantage of Binance Smart Chain's high throughput and low transaction fees, making token usage more flexible and cost-effective. The BEP20 standard allows any developer to create and issue their own tokens on the Binance Smart Chain, providing a foundation for diversity and innovation within the blockchain ecosystem.

BEP20 Tokens Supported by Bitpie Wallet: A Comprehensive Guide to Your Digital Assets

  • Characteristics of BEP20 tokens
  • BEP20 tokens have the following notable features:

  • Transaction costCompared to the Ethereum network, the transaction fees on Binance Smart Chain are much lower, allowing users to save costs when making transactions.
  • Fast transaction speedBinance Smart Chain is designed to increase transaction processing speed, with most transactions being completed within a few seconds.
  • CompatibilityBEP20 tokens can easily interact with other DApps and smart contracts on BSC, enhancing their application scenarios.
  • TransparencyAll transaction records will be written to the blockchain, ensuring that every transaction is traceable and verifiable.
  • Overview of Bitpie Wallet

    Bitpie Wallet is a feature-rich digital asset wallet that supports multiple mainstream blockchain protocols, including Bitcoin, Ethereum, Binance Smart Chain, and more. As a multi-chain wallet, Bitpie provides users with a wider range of token management and trading functions, especially with its support for BEP20 tokens, allowing users to conveniently manage and trade their assets.

  • Other features of the Bitpie wallet
  • Multi-currency supportUsers can manage multiple cryptocurrencies within the same wallet, eliminating the inconvenience of switching between different wallets.
  • DEX FunctionalityUsers can trade tokens directly through the built-in decentralized exchange, increasing flexibility.
  • High securityBitpie Wallet ensures the security of users' digital assets through multi-signature technology and local storage of private keys.
  • User-friendly interfaceBitpie Wallet features a simple design and intuitive operation, making it suitable for all types of users.
  • 3. Bitpie Wallet's Support for BEP20 Tokens

    Bitpie Wallet supports a variety of BEP20 tokens, allowing users to conveniently manage and trade assets within the wallet. The following are some common BEP20 tokens in Bitpie Wallet:

  • Binance Coin (BNB)As the native token of the Binance ecosystem, BNB is widely used for functions such as trading fee discounts on the Binance platform and participation in Initial Exchange Offerings (IEOs).
  • PancakeSwap (CAKE)This is a token for a decentralized exchange platform based on the Binance Smart Chain, where users can earn rewards by providing liquidity.
  • Safemoon (SAFEMOON)A decentralized finance (DeFi) token that incentivizes holders to keep it for a long time in order to earn additional rewards.
  • Squid Game (SQUID)A decentralized token inspired by a popular web series once attracted widespread attention due to its intense market hype.
  • BakerySwap (BAKE)Another decentralized exchange token based on BSC, where users earn BAKE rewards by participating in liquidity mining and trading.
  • The support for these tokens further enhances the appeal of the Bitpie wallet, allowing users to manage multiple assets on a single platform.

    4. How to Manage BEP20 Tokens in Bitpie Wallet

    Managing BEP20 tokens in the Bitpie wallet is relatively simple. Users can securely manage their assets by following these steps:

  • How to create a Bitpie wallet?
  • Users can download the Bitpie wallet from the official website and install it. After installation, new users need to create a wallet and properly save the mnemonic phrase and private key to ensure the security of the wallet.

  • Add BEP20 token
  • In the Bitpie wallet, users can find the desired BEP20 token through the "Add Token" option and add it by entering the contract address. If the token is already on Bitpie's list, it can be added directly by selecting it.

  • Transactions and Transfers
  • After adding the token, users can transfer and trade tokens at any time using the Bitpie wallet, and conveniently swap them through the built-in decentralized exchange. Users only need to enter the recipient address and the transfer amount to successfully complete the transaction.

  • Understanding Smart Contracts
  • When users conduct BEP20 token transactions, they can also assess the reliability of tokens by understanding the smart contracts on the Binance Smart Chain. The audit and transparency of the contract are important criteria for determining the security of a token.

    How secure is the Bitpie wallet?

    As a multifunctional wallet, Bitpie Wallet offers significant security guarantees.

  • Asset Security
  • Bitpie Wallet uses multi-signature technology to ensure that user assets can only be transferred after multiple verifications, reducing the risk of theft. In addition, users' private keys are stored locally, preventing them from being accessed by third parties.

  • Regularly updated
  • Bitpie Wallet regularly releases version updates to ensure continuous improvements in security and functionality. Users should update to the latest version in a timely manner to enjoy the most up-to-date security protection.

  • Education and support
  • Bitpie also provides relevant knowledge support and educational materials to help users understand the secure management of cryptocurrencies and common security pitfalls, thereby enhancing users' self-protection awareness.

    5. Conclusion

    Bitpie Wallet, with its strong support capabilities and excellent security, has become an important tool for BEP20 token users to manage digital assets. As more cryptocurrencies emerge and user needs diversify, using Bitpie Wallet to manage BEP20 tokens will provide users with greater flexibility and convenience in transactions.

    Frequently Asked Questions

  • Does Bitpie Wallet support all BEP20 tokens?
  • Bitpie Wallet supports most popular BEP20 tokens, but the specific tokens supported depend on the wallet version and updates. Users should check the token list within the wallet to confirm.

  • How to determine the contract address of a BEP20 token?
  • Users can check the token contract address through browsers on the Binance Smart Chain (such as BscScan) to ensure they use the address provided by official channels and avoid incorrect transactions.

  • Is Bitpie Wallet safe?
  • Bitpie Wallet uses multi-signature and local private key storage methods to greatly enhance asset security. As long as users properly safeguard their mnemonic phrases and private keys, the wallet is relatively secure.

  • How to exchange BEP20 tokens?
  • Users can exchange BEP20 tokens through the built-in decentralized exchange (DEX) in the Bitpie wallet by simply selecting the tokens they want to trade and entering the amount to be exchanged.

  • What should I do if I forget the mnemonic phrase for my Bitpie wallet?
  • The mnemonic phrase is the only way to recover the wallet. If the user loses the mnemonic phrase, they will not be able to access the assets in the wallet. Users should keep it safe when creating the wallet.

  • Which platforms does Bitpie Wallet support?
  • Bitpie Wallet is available on iOS and Android devices, and users can download and install it from major app stores.

    Previous:
    Next: