The steps to create a multi-signature contract in the Bitpie wallet are as follows:

Jun 26, 2025

Table of contents

Introduction to Bitpie Wallet
Wallet download and registration

2.1 Download Bitpie Wallet
2.2 Register an Account

Multi-currency support
Basic concept of multi-signature contract

4.1 What is a multi-signature contract?
Advantages of multi-signature contracts include increased security, reduced risk of fraud, and the ability to require multiple parties to approve transactions.

How to execute a multi-signature contract in Bitpie Wallet

5.1 Create a multi-signature contract
5.2 Execute the transaction

Withdrawal Process
Alternative security mechanism
Mnemonic Management
Community ecology
Frequently Asked Questions

How to recover a lost Bitpie wallet?
Which cryptocurrencies does Bitpie support?
What should I do if my mnemonic phrase is leaked?
Is setting up a multi-signature contract complex?
How does Bitpie Wallet ensure the security of transactions?

Bitpie Wallet is a popular digital currency wallet, loved by users for its high security, convenience, and support for multiple mainstream currencies. This article aims to help users fully understand and use the Bitpie Wallet, covering aspects such as withdrawal process, wallet registration and download, currency support, security mechanisms, mnemonic management, and community ecology.

Introduction to Bitpie Wallet

The Bitpie wallet enjoys widespread popularity in China, supporting the storage and trading of multiple cryptocurrencies. It also offers advanced features such as multi-signature contracts, decentralized exchanges, and DeFi applications, striving to provide users with a secure and convenient digital asset management experience.

Wallet download and registration

2.1 Download Bitpie Wallet

Users can go to the official website to download the Bitpie wallet application, which is compatible with Android and iOS systems. Simply search for "Bitpie" in the app store to download and install it smoothly. Downloading through official channels ensures the security and stability of the application.

2.2 Register an Account

After downloading, open the Bitpie wallet and follow the prompts to register. The specific steps are as follows:

Agree to User AgreementOn the registration page, read and agree to the relevant terms and policies.

The steps to create a multi-signature contract in the Bitpie wallet are as follows:

Generate mnemonicThe system will automatically generate a set of mnemonic words, which are crucial for the security of the wallet and must be properly safeguarded.

Set passwordEnter a secure password to ensure that only you can access the wallet.

Confirm mnemonic phraseAccording to the system prompt, enter the mnemonic words in order to confirm.

After completing the above steps, the user can successfully complete the registration of the Bitpie wallet.

Multi-currency support

The Bitpie wallet supports a variety of mainstream cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC), among others. Users can choose the corresponding currency for storage and transactions based on their own needs, providing convenient conditions for diversified investment strategies.

Basic concept of multi-signature contract

4.1 What is a multi-signature contract?

Multi-signature contract refers to a smart contract that requires multiple signatures to complete a transaction. This mechanism aims to enhance the security of funds, effectively avoid single points of failure, and is particularly suitable for the joint management of funds by teams or organizations.

Advantages of multi-signature contracts include increased security, reduced risk of fraud, and the ability to require multiple parties to approve transactions.

Multisignature contracts have the following main advantages:

High securityReduce the risk of personal private key exposure in order to better protect assets.

TransparencyAll participating addresses in the signature are publicly transparent and difficult to tamper with.

Shared controlAllowing multiple owners to jointly manage funds can improve the efficiency of fund utilization.

How to execute a multi-signature contract in Bitpie Wallet

5.1 Create a multi-signature contract

Enter the multi-signature management page.On the main interface of the Bitpie wallet, find the "Multisig" option.

Contract CreationClick "Create Contract" and enter the contract name, participant addresses, and signing conditions as prompted (e.g. the number of signatures required).

Confirm contract information.Carefully review the information filled out, and submit the creation request only after ensuring its accuracy.

SignatureParticipants need to sign according to the contract requirements to ensure that the contract takes effect once the required number of signatures is reached.

5.2 Execute the transaction

Multi-signature contractIn multisig management, find the contract that needs to be executed.

Initiate transactionClick "Initiate Transaction", enter relevant information such as amount and receiving address.

Sign (or: Perform signature)Each participant in the contract needs to sign in order to complete the transaction, until the required number of signatures is reached.

Confirm transactionAfter all signatures are completed, the transaction will be submitted to the blockchain network for processing.

Withdrawal Process

The withdrawal process is relatively simple, and users only need to follow the steps below:

Enter the Assets PageFind the asset management option on the main interface of the wallet.

Select withdrawal currencySelect the cryptocurrency you wish to withdraw.

Enter withdrawal informationIncluding the withdrawal amount and the target wallet address.

Confirm informationVerify the withdrawal information again, including the handling fee and other details.

Withdrawal completedClick on "Withdraw" and the system will generate the transaction and submit it to the blockchain for processing.

Alternative security mechanism

The Bitpie wallet has made deep investments in security mechanisms, including:

Local Encryption and Mnemonic PhraseThe generated mnemonic will be saved only on the user's device to ensure it is not leaked.

Multi-signature protectionImplementing mechanisms such as multi-signature contracts to further enhance the security of funds.

Offsite backupUsers can choose to back up their mnemonic phrase to the cloud or another secure location to prevent accidental loss.

Mnemonic Management

Mnemonic phrases are crucial for users to access and manage their digital assets. Here are some suggestions for managing mnemonic phrases:

Keep properly storedDo not store the mnemonic phrase on the internet or in the cloud. It is recommended to use a paper document or hardware wallet.

Do not easily trust others.Anyone claiming to need your mnemonic phrase may be a scammer.

Regular backupImportant information should be backed up regularly to ensure that it can be promptly recovered in case of device loss or damage.

Community ecology

The community ecosystem of the Bitpie wallet is active, and users can participate in the following ways:

Official ForumUsers can communicate and get the latest updates on the Bitpie forum.

Social mediaFollow Bitpie on social media platforms such as Weibo and WeChat to get real-time updates.

Participate in the activityBitpie holds various activities from time to time, participating in which can not only bring rewards but also enhance the connection between users.

The Bitpie wallet provides users with a secure, flexible, and feature-rich platform for managing digital assets. Through an effective multi-signature contract mechanism, users can not only safeguard asset security but also achieve shared fund management. Mastering these basic functions helps enhance users' investment capabilities and security awareness in the field of digital currency.

Frequently Asked Questions

How to recover a lost Bitpie wallet?

If a user loses their wallet, they can use the mnemonic phrase for recovery. On the login interface of the Bitpie wallet, select "Recover Wallet," enter the mnemonic phrase as prompted, and then reset the password.

Which cryptocurrencies does Bitpie support?

The Bitpie wallet supports multiple mainstream cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and users can view the specific supported list within the wallet.

What should I do if my mnemonic phrase is leaked?

Once the mnemonic phrase is leaked, the user should immediately transfer the assets to a new wallet to prevent loss. At the same time, it is recommended to take other security measures to ensure the safety of the assets.

Is setting up a multi-signature contract complex?

The Bitpie wallet provides a user-friendly interface, making it easy to set up multi-signature contracts. Users only need to fill in the necessary information step by step, making the operation process relatively simple.

How does Bitpie Wallet ensure the security of transactions?

During the transaction process, Bitpie will prompt users to confirm information and use multi-signature and encryption technologies to protect the security of user assets. In addition, maintaining the privacy and security of the mnemonic phrase is also an important step in ensuring transaction security.