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Bitpie Wallet, as a highly popular digital asset management tool, has attracted widespread attention for its efficient security and user-friendliness. In this rapidly changing blockchain world, support for EVM (Ethereum Virtual Machine) compatible chains is particularly important. This article will delve into the types of EVM-compatible chains supported by Bitpie Wallet, their advantages, and how they integrate with the wallet’s features to enhance users’ digital asset management experience. Through the following sections, readers will gain a clear understanding of Bitpie Wallet’s support for EVM-compatible chains and grasp the relevant key points.
EVM, or Ethereum Virtual Machine, is a core component of the Ethereum blockchain. EVM-compatible chains refer to blockchains that can run native Ethereum smart contracts and are seamlessly compatible with the Ethereum ecosystem. This compatibility allows developers to easily migrate or deploy smart contracts, leveraging code that has already been tested and successfully run on Ethereum. The emergence of EVM-compatible chains has not only promoted the diversification and innovation of blockchain technology, but also increased the liquidity and accessibility of digital assets.
The main advantages of EVM-compatible chains include:
Bitpie Wallet is committed to providing users with the widest possible support and currently supports multiple EVM-compatible chains. Here are some of the major EVM-compatible chains:
Ethereum is the earliest and most widely used EVM-compatible chain, boasting the world's largest decentralized application ecosystem. Bitpie wallet users can easily store, manage, and trade Ether (ETH) as well as various tokens on Ethereum (such as ERC-20 tokens).
Binance Smart Chain (BSC) is popular among users due to its low transaction fees and fast transaction confirmation times. Bitpie wallet users can conduct various transactions on BSC and participate in a wide range of DeFi projects.
Avalanche is an emerging EVM-compatible chain, renowned for its extremely fast transaction speeds and high throughput. Users can manage their assets on Avalanche through the Bitpie wallet and enjoy a low-latency trading experience.
Polygon extends the functionality of Ethereum by providing scalable and low transaction fee solutions. Bitpie wallet users can create and trade various decentralized applications on Polygon, enjoying a faster transaction experience.
Fantom is an efficient and scalable EVM-compatible chain that offers ultra-fast transaction confirmation times and extremely low network fees. With Bitpie Wallet, users can conveniently manage their digital assets on Fantom.
As a Layer 2 scaling solution for Ethereum, Arbitrum achieves higher transaction speeds and lower fees. Bitpie Wallet supports users in conducting transactions and managing assets on Arbitrum, enhancing flexibility and convenience of use.
Bitpie Wallet is not just a simple digital asset management tool; its multiple functions and security features make it stand out in the market. Here are some of the main advantages and features of Bitpie Wallet:
Bitpie Wallet uses advanced encryption technology to protect users' private keys. Users' digital assets are always kept in a secure environment, reducing the risk of hacker attacks.
Bitpie Wallet supports multiple blockchains, especially EVM-compatible chains, allowing users to manage all their digital assets on a single platform, which enhances convenience.
The design of the Bitpie wallet focuses on user experience, featuring a simple and intuitive interface that allows users to get started easily. Whether you are a beginner or an experienced user, you can find the functions you need.
Supports fast transaction functionality, allowing users to quickly exchange and transfer digital assets across different chains, saving time and improving transaction efficiency.
Bitpie Wallet supports a variety of decentralized finance (DeFi) projects, allowing users to engage in activities such as lending and liquidity mining through the wallet to increase their asset returns.
With the continuous development of blockchain technology, the number and variety of EVM-compatible chains are rapidly increasing. More and more projects are beginning to consider EVM compatibility in order to attract Ethereum developers and users. The following is an outlook on the future development trends of EVM-compatible chains:
With increasing competition, EVM-compatible chains will place greater emphasis on user experience, improving transaction speed and reducing fees, allowing users to enjoy smoother operations.
The maturity of cross-chain technology has made asset transfers between different chains much easier. In the future, interoperability between EVM-compatible chains will be further enhanced, allowing users to switch more freely between different chains.
In the future, EVM-compatible chains may be increasingly built on the foundation of cooperation and ecosystem integration, promoting the development of each chain through resource sharing and mutual benefit.
With the widespread adoption of DeFi and NFTs, EVM-compatible chains will offer more innovation and application scenarios in these two fields, driving the development of digital asset management.
Bitpie Wallet supports a wide range of digital assets, including Ethereum and all ERC-20 tokens, tokens on Binance Smart Chain, assets on Avalanche, and more.
Bitpie Wallet adopts top-level security technology, with users' private keys stored locally on their devices and never uploaded to the server, ensuring the security of users' assets.
Users can select the target asset, enter the transaction amount, and click the trade button to proceed. The trading process is simple and efficient, with all information displayed intuitively.
EVM-compatible chains allow smart contracts to run on different chains, whereas non-EVM chains cannot directly run Ethereum smart contracts, resulting in limitations in interoperability.
Choosing a suitable EVM-compatible chain can be based on a comprehensive consideration of factors such as transaction fees, confirmation time, the number of supported dApps, and community activity.
Users can participate in decentralized finance (DeFi) projects through the Bitpie wallet, engaging in activities such as liquidity mining and lending to increase the value of their assets.
With the support of EVM-compatible chains, Bitpie Wallet demonstrates a strong network effect and user experience, making digital asset management more efficient and secure. Through an in-depth understanding of EVM-compatible chains, users can better master digital asset management and investment strategies, achieving continuous appreciation of their assets.
