What are the common issues with NFT transactions on Bitpie Wallet?

June 05, 2025

With the development of blockchain technology, NFTs (non-fungible tokens) have gradually become a popular digital asset, and Bitpie Wallet, as a multifunctional digital asset management tool, is increasingly favored by users. In Bitpie Wallet, the convenience and security of NFT transactions have attracted many users, but in practical application, some questions and issues inevitably arise. This article will focus on "common issues in NFT transactions with Bitpie Wallet," providing an in-depth discussion to help users better understand and use this wallet.

Introduction to Bitpie Wallet

Bitpie Wallet is a secure and reliable digital asset wallet that supports multiple blockchain assets and trading functions. Users can store and trade mainstream cryptocurrencies such as Bitcoin and Ethereum, and it also supports the management and trading of NFTs. All of this makes Bitpie Wallet not only a tool for asset storage, but also an important platform for users to participate in digital asset trading.

2. Common Issues in the NFT Trading Process

How to create or import NFTs in Bitpie Wallet?

In the Bitpie wallet, users can create or import NFTs in the following ways:

Create NFTUsers can choose to create NFTs in the marketplace section of the Bitpie platform, fill in information related to image, video, or audio files, set attributes, and complete the relevant contract deployment.

Import NFTIf the user has purchased NFTs on other platforms, they can import them via their wallet address. By entering the corresponding contract address and token ID in the Bitpie wallet, the system will automatically recognize and import the NFT.

What are the common issues with NFT transactions on Bitpie Wallet?

Many users encounter issues in this process mainly related to the accuracy of the contract address and token ID; ensuring the information is entered correctly is essential for the successful import of the NFT.

How are the transaction fees for NFTs calculated?

When conducting NFT transactions in the Bitpie wallet, users are required to pay certain fees. The fees mainly consist of the following two parts:

Blockchain transaction feesFor each transaction, a corresponding network fee must be paid. This fee is automatically calculated by the blockchain system based on the current network congestion. When making a transaction, be sure to check and confirm the fee rate settings.

Platform service feeBitpie will also charge a certain service fee, and the specific fee may vary depending on market conditions and the scale of the user's transaction.

Users should fully understand the relevant fees before trading to avoid unexpected increases in costs that could affect their trading decisions.

How can I ensure the security of my NFT transactions?

When conducting NFT transactions, security is the primary consideration for users. Bitpie Wallet offers a variety of security measures to ensure the safety of users' transactions, including:

Private key managementThe user's private key is controlled and stored by the user themselves, avoiding handing over the private key to any third party.

What is multisignature?When large transactions need to be executed, a multi-signature mechanism is introduced to make transaction verification more secure.

Risk Warning FunctionBitpie will issue warnings for suspicious transactions or contracts, alerting users to potential risks.

Nevertheless, users should also enhance their own security awareness, avoid easily trusting information from unfamiliar sources, and take precautions against being deceived.

How can assets be viewed and managed after NFT transactions?

After completing the NFT transaction, users can directly view their NFT assets in the asset management section of the Bitpie wallet. The specific steps are as follows:

Open the Bitpie wallet and go to the asset management section.

By viewing "My NFTs" or the corresponding category option, users can find all of their NFT assets here.

By clicking on each NFT, users can view detailed information, including creation time, quantity held, transaction history, and more.

In addition, Bitpie Wallet usually provides the necessary tools to help users better manage and showcase their NFT assets.

What are the possible reasons for an NFT transaction failure?

During the process of conducting NFT transactions, transaction failures may sometimes occur. Possible reasons include:

Network congestionIf the current blockchain network has a high transaction volume, it may lead to longer transaction confirmation times or even transaction failures.

Contract issueIf there are contract errors or mismatched contract addresses when a user creates or imports an NFT, it may also result in the transaction being unable to be completed.

Insufficient balanceWhen conducting NFT transactions, users must ensure that their accounts have sufficient balance to cover the transaction fees.

When users encounter a transaction failure, they can review the corresponding transaction records and error messages to identify the root cause of the problem.

How can I quickly find and purchase my desired NFT?

In the Bitpie wallet, finding and purchasing NFTs is relatively convenient. Users can:

Browse the marketIn the Bitpie Wallet's NFT marketplace, users can filter and search for their desired NFTs based on categories, popularity, latest listings, and other criteria.

Use the search functionEnter keywords to quickly search for specific NFT projects.

Pay attention to the communityJoin the official community of social media or Bitpie Wallet to get the latest updates on events and popular NFTs.

Through these methods, users can effectively find NFTs that meet their needs, thereby improving purchasing efficiency.

3. Advantages of NFT Trading with Bitpie Wallet

As a user experience-oriented digital asset trading tool, Bitpie Wallet also performs remarkably well in NFT trading, with the following distinct advantages:

User-friendly interface

The design of the Bitpie wallet is simple and straightforward, making it easy for even users who are new to NFTs to get started. The transaction process is clear and the operations are simple, which can greatly reduce the learning curve for users.

Diverse NFT support

Bitpie Wallet supports various types of NFTs, including digital artworks, music pieces, and virtual items, allowing users to conduct diverse transactions on a single platform.

High security

Bitpie Wallet places great importance on user security and provides multiple technical security measures to help users protect their assets. Users' private keys and related information are not easily leaked, ensuring transaction privacy.

Fast transaction speed

Compared to some other platforms, Bitpie Wallet offers faster transaction confirmation speeds, effectively meeting users' urgent transaction needs.

Global compatibility

No matter where users are, as long as they have internet access, they can trade NFTs through the Bitpie Wallet, providing great convenience for users worldwide.

Frequently Asked Questions

Q1: Does Bitpie Wallet support all types of NFTs?

Bitpie Wallet supports various types of NFTs, but it does not rule out the possibility that some small or emerging projects may not be included in its support range. If users have specific needs, it is recommended to check the relevant information in advance.

Q2: How is the security of the Bitpie wallet evaluated?

Bitpie Wallet enjoys a good reputation in the industry, with security that meets industry standards. In addition, feedback from numerous users also indicates that it performs excellently in terms of security.

Q3: How can the success rate of NFT transactions be improved?

Choosing the right time to trade, ensuring a stable network connection, and setting reasonable transaction fees can all help improve the success rate of transactions.

Q4: Is there a fee required to create an NFT in the Bitpie wallet?

When creating an NFT in the Bitpie wallet, there will be costs associated with generating the smart contract as well as network fees. The specific fees may vary depending on the network conditions.

Q5: How can I revoke or modify an already created NFT?

Once an NFT is minted (created), its attributes are usually immutable, so all information should be carefully reviewed before creation. If you regret it, you may consider selling or transferring it directly.

In summary, conducting NFT transactions with the Bitpie wallet is a relatively safe and convenient process. If users clearly understand each step and the fee structure during use, it will further enhance the smoothness of their transactions. Various questions and concerns can also be addressed and resolved to some extent by reading this article. We hope that every user can enjoy trading their NFT assets and achieve substantial returns.