How to Generate a Cold Wallet Address with Bitpie Wallet: Securely Store Your Crypto Assets

June 07, 2025

As digital currencies become increasingly popular, how to securely store one's assets has become an issue every investor must face. Bitpie Wallet, as a powerful and user-friendly digital currency wallet tool, provides users with the function of generating cold wallet addresses. Through this article, you will learn about the method of generating cold wallets with Bitpie Wallet, ensuring the security and peace of mind for your assets.

Cold wallet

A cold wallet is an offline wallet that is not connected to the internet, mainly used for storing large amounts or long-term investments of digital assets. Compared to online wallets, cold wallets offer higher security. The advantages of cold wallets include:

High securityExternal hackers cannot remotely access cold wallets, thus greatly reducing the risk of asset theft.

PrivacyCold wallets are typically connected to the internet only when a transfer is needed, ensuring that private keys are not exposed to the online environment.

Long-term preservationCold wallets are suitable for storing large amounts of assets, and users do not need to log in frequently.

Introduction to Bitpie Wallet

Bitpie Wallet is a multi-chain supported cold wallet with a convenient user interface and a wide range of features. Users can easily manage different types of digital assets. Bitpie Wallet is especially suitable for beginners, while also providing comprehensive functionality for advanced users.

2.1 Main Functions of Bitpie Wallet

How to Generate a Cold Wallet Address with Bitpie Wallet: Securely Store Your Crypto Assets

Multi-currency supportSupports multiple mainstream cryptocurrencies such as Bitcoin, Ethereum, and others.

Secure storagePowerful encryption technology protects users' private keys.

Convenient transactionsYou can manage and trade digital assets anytime and anywhere.

What is multisignature?To enhance security, multiple devices are required to cooperate in using the private key for transactions.

2.2 Why choose Bitpie Wallet to generate a cold wallet address?

User-friendlyA simple and intuitive user interface suitable for all users.

Powerful securityAdopt high-standard security policies to reduce user asset risks.

Access immediatelySimply download the corresponding app, with no complicated registration process required.

The process of generating a cold wallet address using Bitpie Wallet

The process of generating a cold wallet address is relatively simple. The specific steps and precautions are as follows:

3.1 Install Bitpie Wallet

First, you need to search for "Bitpie" in your mobile app store (App Store or Google Play) and download the corresponding application. Please make sure to download it from the official website or app store to avoid downloading an unsafe version.

3.2 Creating a New Wallet

Open the Bitpie wallet and you will see the "Create New Wallet" option. Click to enter. During the creation process, you will need to:

Set a strong password to protect your assets.

Record your wallet recovery phrase. This set of words is your only credential for resetting your password and restoring your wallet, so be sure to keep it safe.

3.3 Generate Cold Wallet Address

Open another walletOn the created wallet page, you will see an overview of your personal assets.

Choose to generate a new addressIn the operation menu, look for the "Generate New Address" option. After clicking it, the wallet will automatically generate a new cold wallet address.

Record addressWrite the address on paper or store it securely for future transfers.

3.4 Complete Cold Wallet Setup

In the generated cold wallet address, you can directly transfer assets from other wallets, ensuring that the amount transferred exactly matches your planned investment and long-term storage needs.

How can the security of hot wallets be improved?

The most important aspect of a cold wallet is its security. Here are some suggestions to enhance the security of a cold wallet:

4.1 Regularly update passwords

Regularly change your wallet password to ensure it is not easily compromised by hackers. At the same time, choose a highly complex password.

4.2 Record Recovery Phrases

If the recovery phrase is lost, the wallet cannot be restored, so please keep it in a physical form in a secure place, such as a safe.

4.3 Using the Multi-Signature Function

If Bitpie Wallet supports the multi-signature feature, consider enabling this option. Multiple people jointly sign to confirm transactions, reducing the risk of single point of failure.

4.4 Ensuring Device Security

Ensure that the device used to access the Bitpie wallet is secure, avoid downloading unknown applications, and regularly update the system and application software.

Use Cases and Advantages of Cold Wallets

Cold wallets are suitable for users who wish to store digital assets for a long period of time. For users who trade frequently, online wallets are more convenient. However, for users with larger investments and those who want to hold onto their assets, cold wallets are undoubtedly a better choice.

5.1 Investors Store Assets

For users who wish to invest for the long term, a cold wallet is the ideal choice. Cold wallet addresses generated by the Bitpie wallet can securely store large amounts of digital assets.

5.2 Preventing Cyber Attacks

Cold wallets essentially prevent attacks from the internet, making it difficult for hackers to access them, and are therefore suitable for storing large amounts of assets.

Frequently Asked Questions

What is the difference between a hot wallet and a cold wallet?

A cold wallet is offline storage, while a hot wallet is online storage; a cold wallet is relatively more secure.

3. Recovering a Lost Wallet

You can restore the wallet using the recovery phrase recorded when the wallet was created.

Which digital assets are supported by Bitpie Wallet?

Bitpie Wallet supports a variety of mainstream digital assets, including Bitcoin and Ethereum.

Can I share my cold wallet address over the internet?

Although you can share your address, it is recommended to avoid sharing your private key and recovery phrase to prevent asset theft.

Are there any restrictions on cold wallet addresses?

There are usually no restrictions on cold wallet addresses, but please make sure you understand the asset deposit requirements of each platform.

By generating a cold wallet address with Bitpie Wallet, users can reduce the risk of their assets being stolen by hackers and securely store significant amounts of digital assets. Make sure to follow the steps above and regularly update your security settings to protect your crypto assets and move towards a safer investment environment.