Binance Red Packet (often called Red Packet Code or Red Envelope) is a feature on Binance Pay that lets users send and receive small amounts of cryptocurrency as gifts using special codes or links โ similar to giving traditional red envelopes (็บขๅ
/ Hongbao) during celebrations. (TechPodda)
๐ What It Is
Itโs a crypto gifting mechanism built into Binanceโs platform.
A sender chooses an amount of crypto and creates a Red Packet, then shares a unique code or link.
Anyone with the code can claim the crypto, and itโs credited instantly to their Binance wallet. (TechPodda)
๐ฑ How It Works
Open Binance App โ Go to Pay โ Red Packet. (Bitrue)
Create a Red Packet: choose the amount and how itโs split (fixed, random, or a timed window). (Bitrue)
Share the generated code/link with friends or community. (Coin Gabbar)
Recipients claim by entering the code or clicking the link in their Binance app. (Bitrue)
๐ Key Features
Distribution Types:
Fixed: Everyone gets equal amounts.
Random: Recipients get random amounts.
Timed: Only claimable within a set time (e.g., 1โ60 minutes after first claim). (Coin Gabbar)
Easy Sharing: Share via social channels, group chats, livestreams, parties, etc. (Coin Gabbar)
๐ Why People Use It
Gift crypto to friends/followers without needing wallet addresses. (TechPodda)
Boost engagement in communities and events. (Coin Gabbar)
Participate in promotions where Binance or partners distribute Red Packets with rewards. (TechPodda)
โ ๏ธ Safety Tips
Only enter codes inside the official Binance app or website โ never on third-party sites. (FlxiBas.CoM)
Binance will never ask for your password or keys to claim a Red Packet. (usdt.locmpp.guru)
Be cautious of social media posts claiming unlimited or paid codes โ these can often be scams. (FlxiBas.CoM.
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