🧧Red Packets in Binance are a very popular feature within Binance Pay. Their main purpose is to be a fun, easy, and social way to send and receive gifts in cryptocurrencies.
They are based on the Chinese tradition of hongbao (giving money in red envelopes for good luck and prosperity) and bring this concept to blockchain technology.
🔑 Key Uses and Purposes:
* Gifting Cryptocurrencies: They allow users to send a certain amount of cryptocurrencies (like USDT, BNB, BTC, etc.) to friends, family, or community members.