How to enable cold wallet mode in Bitpie Wallet? The best way to protect your crypto assets!

May 16, 2025

In the rapidly evolving world of cryptocurrency, security has always been one of the top concerns for investors. As a highly popular digital currency wallet, Bitpie Wallet not only provides convenient transaction services but also boasts powerful asset management features. Among these, the activation of the cold wallet mode further enhances the security of users' assets. This article will delve into how to enable the cold wallet mode in Bitpie Wallet and offer practical tips to help users better manage their digital assets.

Cold wallet

A cold wallet refers to a method of storing cryptocurrency offline, as opposed to a hot wallet (online wallet). Due to its characteristic of not being connected to the internet, a cold wallet can effectively prevent hacker attacks and virus infections, thereby protecting users' crypto assets. Therefore, enabling cold wallet mode is something every cryptocurrency investor must understand.

Features of Bitpie Wallet

Bitpie Wallet not only supports a variety of mainstream cryptocurrencies, but also offers a user-friendly interface and multiple security protection measures. As digital assets continue to appreciate in value, securely managing these assets has become increasingly important. The cold wallet mode is one of the key tools for protecting crypto assets.

Steps to activate cold wallet mode

Download and install Bitpie Wallet

Download the Bitpie Wallet app from the official Bitpie website or a trusted platform. Make sure you select the correct version and avoid downloading from unofficial sources.

How to enable cold wallet mode in Bitpie Wallet? The best way to protect your crypto assets!

Create or Import Wallet

The first step to success is to create a new wallet or import an existing wallet in the app. If you are a new user, please carefully save your wallet's mnemonic phrase, as it is the only key to recover your wallet.

Set cold wallet mode

On the main wallet interface, find the "Settings" option, then navigate to the "Security" section and select "Cold Wallet Mode." At this point, the system will prompt you to confirm whether you want to enable the cold wallet.

Confirm safety information

Before enabling cold wallet mode, the system may require you to enter your password to verify your identity. This step is to ensure that only the true owner of the wallet can perform this operation and to prevent unauthorized changes.

Setup complete

After completing the above steps, the cold wallet mode will be successfully activated. At this point, your digital assets will be protected while offline.

Five Tips for Protecting Your Crypto Assets

To further enhance the security of your digital assets, here are five practical security management tips:

Regularly update your wallet software.

Update your Bitpie wallet software version in a timely manner to ensure that the software you are using has the latest security protection features to guard against potential security threats.

Use a strong password

Set a strong password for your wallet and try to avoid using simple combinations. You may consider using a password manager to create and store complex passwords.

Enable two-factor authentication

If Bitpie Wallet supports two-factor authentication (2FA), be sure to enable this feature. Even if your password is compromised, the additional authentication provides stronger protection for your assets.

Regular backup

Use the backup feature of the Bitpie wallet to regularly back up your wallet data. The backed-up data should be stored in a secure location to prevent loss or damage.

Avoid public networks

Avoid conducting cryptocurrency transactions or managing wallets on public Wi-Fi networks. If unavoidable, be sure to use a VPN for encrypted connections.

Frequently Asked Questions

Cold wallet mode

Cold wallet mode is a way to protect users' crypto assets. In this mode, the wallet is disconnected from the internet, reducing the risk of being hacked. Users can store their digital assets with greater peace of mind.

How to ensure the security of a cold wallet?

Methods to ensure the security of cold wallets include using strong passwords, enabling two-factor authentication, regularly backing up data, and using hardware wallets. Choosing reliable security measures can effectively protect your assets.

Is it possible to switch back to a hot wallet at any time?

Yes, you can switch back to hot wallet mode at any time in the Bitpie wallet settings. However, please make sure to double-check during the switching process to avoid affecting your asset management.

Can cold wallets only be used for Bitcoin?

No, Bitpie Wallet supports multiple cryptocurrencies, including Ethereum, Litecoin, and others. Users can securely store different types of digital assets in the cold wallet.

Wallet Recovery

If you forget your password or mnemonic phrase, you can follow the recovery instructions provided by the Bitpie wallet. Be sure to record your mnemonic phrase and keep it in a safe place.

After enabling cold wallet mode, can transactions still be made at any time?

After enabling cold wallet mode, your digital assets will be offline and cannot be traded online. However, you can transfer assets out of the cold wallet at any time to conduct transactions. Make sure to continue protecting the security of your assets during operations after restoring network connectivity.

By using the above methods and techniques, you will be able to use the Bitpie Wallet's cold wallet mode more effectively, protecting your crypto assets from risks. Taking appropriate security measures is an important step in safeguarding your digital wealth.