On Binance, a Red Packet’s akin to a crypto gift. 🎁🚀 It enables you to give crypto to friends, family or a group in a fun way, akin to a popular traditional Chinese “red envelope.”
Here’s how it works:
🔹 What Are Binance Red Packets?
A button within the Binance App.
You can fund it with crypto (like USDT, BTC, BNB etc).
You receive a link or a QR code to share.
Anybody who opens it (in the Binance app) will be able to take a share.
🔹 Types of Red Packets
Fixed Amount → Everyone gets a fixed value.
Random Amount