The steps to set up the BitPie cold wallet are as follows: purchase the device, initialize and back up the recovery phrase; install the App and connect to the cold wallet; verify the device, configure the cold wallet; confirm the settings.
How to Set Up a BitPie Cold Wallet
A BitPie cold wallet is an offline hardware device used to securely store cryptocurrency. Here’s how to set up a BitPie cold wallet:
Step 1: Prepare the equipment
- Purchase the cold wallet equipment from the official BitPie website.
- Make sure the device has not been opened or tampered with.
Step 2: Initialize the device
- Open the BitPie cold wallet device.
- Create a PIN and confirm.
- Back up 24-word recovery phrases and store them safely offline.
Step 3: Install the BitPie app
- Install the BitPie app on your mobile device.
- Open the app and select "Set up a new device".
Step 4: Connect the cold wallet
- Connect the cold wallet to your mobile device via Bluetooth or USB cable.
- Select your device model in the app.
Step 5: Verify device
- The app will display one word from the recovery phrase.
- Select the corresponding word on the cold wallet device.
Step 6: Configure Cold Wallet
- Create a name and icon to identify your cold wallet.
- Add the cryptocurrency to store.
- Set receiving and sending addresses.
Step 7: Confirm settings
- Double check that your settings are correct.
- When finished, click the "Done" button.
Tip:
- Keep your cold wallet firmware up to date.
- Keep your cold wallet in a safe place away from extreme temperatures and moisture.
- Beware of phishing and scams.
- Back up your recovery phrases regularly in case your device is lost or damaged.
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