An easy way to set up cross-chain transactions in Bitpie

June 05, 2025

In today's blockchain world, cross-chain transactions are gradually becoming a mainstream demand. Users want to transfer and trade assets between different blockchains, which not only enhances asset liquidity but also expands the use cases for various digital currencies. In addition, Bitpie, as a powerful digital currency wallet, provides the function of conducting cross-chain transactions directly within the application. This article will detail how to set up cross-chain transactions in Bitpie, helping users manage and trade virtual assets more efficiently, and will offer five tips to enhance trading efficiency.

Cross-chain transaction

Cross-chain transactions refer to the transfer or exchange of assets between different blockchain networks. For example, you might want to convert a certain token on Ethereum into Bitcoin. Since these assets are stored on different blockchains, the implementation of cross-chain transactions requires specific technical support, such as atomic swaps or cross-chain bridges.

Introduction to Bitpie

Bitpie is a digital wallet that supports multiple cryptocurrencies and assets. In addition to basic storage, sending, and receiving functions, it also supports cross-chain transactions, providing users with a more convenient trading experience. With Bitpie, users can easily and efficiently conduct transactions across different blockchain networks, thereby enhancing the liquidity and utility of their assets.

Detailed instructions for setting up cross-chain transactions

3. Creation and Setup of Bitpie Wallet

Make sure you have downloaded and installed the latest version of the Bitpie app. In the app interface, follow these steps to create and set up your wallet:

Download and InstallationDownload Bitpie from the app store, complete the installation, and then open the app.

Create New WalletAccording to the instructions, creating a new digital wallet will automatically generate a mnemonic phrase. Be sure to keep this mnemonic phrase safe to prevent losing access to your wallet.

Security SettingsSet security options such as a security password, fingerprint, or facial recognition to protect your assets.

Add the digital assets you need

Your Bitpie wallet now needs to add the digital assets you are going to use for cross-chain transactions. You can add assets using the following methods:

Select wallet typeSelect the cryptocurrency you want to store in Bitpie, such as Bitcoin, Ethereum, etc.

Accept transferTransfer assets using other wallets or exchanges to ensure that each type of cryptocurrency can be successfully imported into Bitpie.

Select cross-chain trading function

Find cross-chain trading optionsOn the main interface of Bitpie, select the "Cross-chain Transaction" option to enter the cross-chain transaction interface.

Select target chainThe key here is to choose the target blockchain to which you want to transfer your assets (for example, from Ethereum to Bitcoin).

Enter information according to transaction requirements.

To ensure the success of the transaction, you need to enter the relevant transaction information on Bitpie:

Input quantityEnter according to the number of tokens you wish to transfer.

Confirm transaction addressMake sure the destination address you enter is correct. Try to copy and paste the address to reduce the risk of input errors.

Confirm and complete the transaction

Confirm transaction detailsBefore submitting the transaction, double-check all input information, including the destination address, amount, etc.

Submit transactionAfter confirming that everything is correct, click the "Submit" button. Bitpie will process your cross-chain transaction request.

View transaction statusYou can check the real-time status of the transaction in the transaction history to ensure the transaction is successful.

Five Tips to Improve Trading Efficiency

When conducting cross-chain transactions, you can consider the following tips to improve efficiency and security:

Tip 1: Use the latest version of Bitpie

Regularly update your Bitpie wallet. New versions usually fix security vulnerabilities and add new features. Ensuring you use the latest version can reduce transaction issues and increase the success rate of transactions.

Tip 2: Find out about the target chain's transaction fees in advance.

The transaction fee rates vary across different blockchain networks. Before initiating a cross-chain transaction, it is important to understand the fees on the target chain to avoid affecting your trading decisions. For example, transaction fees on the Bitcoin network can rise significantly during periods of high volatility.

Tip 3: Set a reasonable trading time

Choose the right time to trade. Many blockchains experience longer transaction confirmation times during peak periods (such as when the overall market is volatile), so making transactions during off-peak times can improve efficiency.

Tip 4: Confirm the destination address in advance

Before conducting a cross-chain transaction, you can first use a small transaction to confirm whether the target address is correct. After confirming that there are no issues, proceed with a larger transaction.

Tip 5: Learn about how cross-chain bridges work in advance.

Understand the cross-chain bridge or atomic swap mechanism being used; this will help you quickly determine whether the transaction was successful and also identify potential security risks.

Frequently Asked Questions

Cross-chain transaction

Cross-chain transactions refer to the transfer or exchange of assets between different blockchains. For example, users can use certain technologies to exchange tokens on Ethereum for Bitcoin. This process relies on technologies such as cross-chain bridges or atomic swaps.

Why choose Bitpie for cross-chain transactions?

Bitpie is a feature-rich digital wallet that supports the management and trading of multiple digital assets. Its user-friendly interface, various security features, and ability to support real-time transactions make it an ideal choice for cross-chain trading.

How can I ensure the security of my transactions?

When conducting cross-chain transactions, you can take the following measures to enhance security:

Ensure that the software version is the latest and update it in a timely manner.

Carefully verify the target address and amount of the transaction.

Protect your wallet with a secure password or biometric technology.

2. Common Reasons for Multisig Transaction Failures

Common reasons for transaction failure include:

Incorrect target address.

Insufficient transaction fee.

Transaction lag caused by network latency or anomalies.

How long does a cross-chain transaction take?

The completion time for cross-chain transactions varies depending on the level of network congestion. Generally, transaction times range from a few minutes to several hours, depending on the specific conditions of the blockchain networks involved.

View transaction history

On the main interface of the Bitpie app, users can click on the wallet section to view it. In the management interface for each cryptocurrency, there is a transaction history option, allowing users to track the details and status of transactions at any time.

Contact Us

For any questions regarding Bitpie or cross-chain transactions, you are welcome to visit our official website or forum to share your experiences and issues with other users. Your feedback will help us continuously optimize the user experience and product features.

Through the above content, it is believed that users can gain a clearer understanding of how to set up cross-chain transactions in the Bitpie wallet, as well as master some tips to improve transaction efficiency, thus laying a solid foundation for their digital asset management.