Which cross-chain NFT tokens does Bitpie Wallet support? Introducing you to the most popular NFT options today.

Today, as digital assets continue to evolve, the development of cross-chain technology provides users with more choices and freedom, especially in the field of non-fungible tokens (NFTs). The popular digital wallet Bitpie, with its cross-chain functionality, allows users to store and manage various types of NFTs, attracting increasing attention from users.

Introduction to Bitpie Wallet

Bitpie Wallet is a digital wallet application that supports multiple blockchains such as Bitcoin, Ethereum, and EOS. It not only supports the storage and transfer of digital currencies, but also continuously expands its functionality to provide users with a more comprehensive on-chain asset management experience. Particularly in the field of NFTs, Bitpie Wallet enables users to easily access NFT assets on different blockchains through cross-chain technology, achieving interoperability and liquidity of assets.

Understanding cross-chain NFTs

Cross-chain NFTs refer to non-fungible tokens that can be transferred and traded across multiple blockchains. These NFTs are typically based on a certain protocol, allowing them to be used beyond a single chain. This functionality greatly enhances the liquidity and usability of NFTs.

Example:

For example, a certain NFT was originally minted on Ethereum, but can be transferred to other blockchains such as Polkadot, Binance Smart Chain, etc. through specific cross-chain bridges. This flexibility allows NFTs to be traded on different markets, expanding their potential buyer base.

Which cross-chain NFT tokens are supported by Bitpie Wallet?

The Bitpie wallet supports a variety of cross-chain NFT tokens. Here are some of the main options:

2.1 Ethereum NFT

Ethereum is the most popular NFT issuance platform today, and many NFT projects such as CryptoKitties, Decentraland, and Axie Infinity are based on the Ethereum blockchain. Bitpie wallet supports the Ethereum network and NFTs based on the ERC-721 and ERC-1155 standards.

NFTs on Binance Smart Chain

With the rise of Binance Smart Chain, many NFTs placed on this chain have also begun to gain popularity. Projects such as Farm NFT on PancakeSwap and the NFT marketplace on BakerySwap have received positive feedback from users.

2.3 Polka and Its Ecosystem

Polkadot Network provides convenience for cross-chain connections, and many NFT projects in the Polkadot ecosystem, such as Kusama, Phala Network, etc., have also achieved interoperability through the Bitpie wallet.

2.4 Solana NFT

Solana is being chosen by an increasing number of NFT projects due to its high throughput and low transaction fees. Prominent NFT projects such as Solana Monkey Business and Degenerate Ape Academy have launched on this platform.

NFTs on Tezos 2.5

Tezos, as an emerging smart contract platform, has seen increasing acceptance among users due to its low cost and environmentally friendly features, with many NFT projects such as Hic et Nunc thriving in its ecosystem.

How to use cross-chain NFT in Bitpie wallet

3.1 Create a Bitpie Wallet Account

First, users need to download the Bitpie wallet app and create an account. During this process, it is essential to securely save the mnemonic phrase to ensure the security of the account.

3.2 Add Cross-Chain NFTs

After creating a wallet, users can purchase and trade NFTs by connecting to supported NFT marketplaces. For example, they can visit OpenSea, which is based on Ethereum, and choose the desired NFT for purchase.

3.3 Cross-chain transfer of NFTs

Users can use the cross-chain functionality provided by the Bitpie wallet to transfer their NFTs from one blockchain to another. They can load the required cross-chain bridge and follow the prompts to complete the transfer process.

3.4 Managing and Displaying NFTs

The Bitpie wallet allows users to view and manage their collection of NFTs, providing an intuitive display interface for users to easily see their collections.

Improving skills for cross-chain NFT trading.

4.1 Pay attention to market trends.

Regularly monitor the popular trends and trading data in major NFT markets to assist users in making informed decisions. Additionally, understanding the popular projects and their development dynamics on different blockchains can help users obtain better investment strategies.

4.2 Using Limit Orders

In the NFT market, using limit orders can help users buy or sell NFTs at a specific price, which will help mitigate the risks brought by market fluctuations.

4.3 Study Community Feedback

Participating in the NFT project community, understanding the project's development dynamics and market feedback, helps users gain insight into the potential risks and opportunities of the project, and make wise investment decisions.

4.4 Using Cross-Chain Bridges

When it is necessary to transfer NFTs to another blockchain, using a cross-chain bridge can effectively reduce transaction costs and improve efficiency.

4.5 Follow-up on-chain data

By using on-chain data analysis tools, you can obtain information about the liquidity and price trends of NFT assets, in order to better manage your personal asset portfolio.

Frequently Asked Questions

Does the Bitpie wallet really support cross-chain NFTs?

Yes, the Bitpie wallet supports NFT assets on multiple blockchains, allowing users to easily manage NFTs on different chains including Ethereum, Polkadot, Solana, and more.

Secure Storage of NFTs

Be sure to securely store your mnemonic phrase and private key, and do not disclose them to others. In addition, regularly update the Bitpie wallet application to ensure you are using the latest version for security.

How to add an NFT to Bitpie Wallet?

Users can purchase NFTs by connecting to supported NFT marketplaces such as OpenSea, or by using a cross-chain bridge to transfer NFTs from other blockchains into the Bitpie wallet.

Does Bitpie Wallet charge transaction fees?

Yes, when users engage in NFT transactions, there may be transaction fees associated with the blockchain network, which vary depending on the blockchain network used.

How to sell NFTs in Bitpie Wallet?

Users can sell their NFTs to supported marketplaces using the Bitpie wallet, such as transferring the NFT to OpenSea for listing and sale.

Which types of NFT standards does the Bitpie wallet support?

The Bitpie wallet mainly supports NFTs based on the Ethereum ERC-721 and ERC-1155 standards, and is also continuously expanding support for other types of NFTs.

With the above content, I believe users have gained a deeper understanding of the cross-chain NFT tokens supported by Bitpie Wallet. Whether you are a novice NFT investor or an experienced trader, Bitpie Wallet will be your ideal choice.