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How to Cancel the Sale of an NFT in Bitpie Wallet: A Comprehensive Guide

bitpie
June 05, 2025

In the current era of rapid digital asset development, non-fungible tokens (NFTs) have attracted widespread attention. In particular, the Bitpie wallet has become the preferred wallet for many NFT holders due to its user-friendly interface and powerful features. Users may encounter the need to cancel the sale of NFTs during the trading process. This article will discuss in detail how to cancel the sale of NFTs in the Bitpie wallet, enabling users to operate smoothly and protect their assets.

Overview of Bitpie Wallet

The Bitpie wallet is a multifunctional digital asset management tool that supports various cryptocurrencies and NFTs. It is known for its high security, user-friendly interface, and comprehensive features, which have attracted a large number of users. Users can easily store and transfer assets, as well as issue and trade NFTs on the platform.

Understanding the status of NFT sales

Before learning how to cancel the sale of an NFT, it is important to understand the selling status of the NFT. When a user lists an NFT for sale, its status changes from "owned" to "listed for sale." This status means that the NFT is available for trading on the market. If a user wants to revert its status back to "owned," they will need to perform the cancel sale operation.

The necessity of canceling the sale

Cancellation of NFT sales may stem from various reasons. Users may no longer be satisfied with the price after the sale, or they may have received better price offers. Additionally, market volatility has made users more cautious about timing their sales. Therefore, being able to cancel sales at any time undoubtedly provides users with greater flexibility.

4. Detailed steps: How to cancel the sale of an NFT in the Bitpie wallet

  • Open Bitpie Wallet
  • How to Cancel the Sale of an NFT in Bitpie Wallet: A Comprehensive Guide

    Open the Bitpie wallet application on your phone or other device, enter the password or use fingerprint recognition to unlock the wallet.

  • Find your NFT
  • After logging in, go to the "Assets" section and select the "NFT" category. Here, users can see all the NFTs they own.

  • View NFTs for sale.
  • Find the NFTs that have been listed for sale, which are typically labeled as "For Sale" or similar.

  • Cancel the sale.
  • Click on the selected NFT to enter its details page. Look for the "Cancel Sale" or "Take Off" option on the page.

    Depending on the app's update status, the interface may vary, but generally speaking, the relevant cancel options are usually very obvious.

  • Confirm cancellation
  • After clicking cancel, the system usually pops up a confirmation window, asking the user to confirm whether they really want to cancel the sale. Please read the information carefully and select confirm.

  • Check status changes
  • After cancellation, return to the NFT list, and the status of the selected NFT should have been updated to "held".

    Five, things to note after canceling a sale

    After successfully canceling a sale, users should take note of the following points:

  • Confirm asset securityMake sure the NFT has been successfully returned to your account and the status is displayed as "held".
  • Regularly check the market.If there is still an intention to sell, you can regularly observe the market dynamics and look for the right time to list it again.
  • VI. Safety MeasuresEnsure the security of your Bitpie wallet by regularly updating your password and enabling two-factor authentication to protect your assets.
  • Frequently Asked Questions and Answers

    Question 1: Will NFTs lose value after being unsold?

    The main purpose of canceling the sale is to withdraw the NFT from the market, and it will not affect its intrinsic value. Users can choose to sell it again at the right time, and even adjust the price.

    Question 2: After canceling the sale, do I need to relist the item?

    Yes, after canceling the sale, the NFT's status will revert to "held." If the user wishes to sell again later, they will need to follow the listing process again.

    Question 3: What should I do if I encounter problems when canceling a sale?

    If you encounter technical issues during the cancellation of a sale, you can try restarting the application or checking your network connection. If the problem persists, we recommend contacting the customer support for Bitpie Wallet.

    Question 4: Can I cancel the sale of multiple NFTs at the same time?

    The current version of the Bitpie wallet only supports canceling sales operations one by one, and does not support batch operations. Users need to select NFTs for cancellation one by one.

    Question 5: Will there be any charges for canceling the sale?

    In general, there is no fee for canceling the sale of an NFT. However, users still need to pay attention to network transaction fees and other related costs during the trading process.

    With the above information, users should now understand how to cancel the sale of an NFT in the Bitpie wallet. Mastering this operation allows users to more flexibly manage their digital assets and make prudent investment decisions in a volatile market.

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