A Red Packet is a digital gift box containing a specified amount of cryptocurrency. You can create these packets and share them via a unique code, link, or QR code.
Key Features:
Zero Fees: Sending and claiming Red Packets through Binance Pay is completely free of gas fees.
Customizable Distribution: You can choose between "Fixed" amounts (everyone gets the same) or "Random" amounts (users get a surprise share).
Timed Rewards: A newer feature allows you to set a "Timed" packet where the countdown for claiming only starts once the first person opens it—perfect for live events.
Massive Variety: Supports over 400 cryptocurrencies, including $BTC , $ETH , $BNB , and stablecoins like $USDT.
How to Create and Send a Red Packet
If you want to be the "sender" and spread some crypto-cheer, follow these steps:
Open Binance Pay: Open your Binance App and tap the Pay icon (usually at the top right or under "More").
Select Red Packet: Tap on the Red Packet icon and select Create.
Configure Your Gift: * Choose your Distribution Method (Random, Fixed, or Timed).
Enter the Number of Gifts (how many people can claim it).
Enter the Total Amount of crypto you want to give away.
Add a personalized message (e.g., "Happy Birthday!" or "To the Moon!").
Confirm & Share: Verify the transaction with your 2FA (Biometrics or Passkey). Binance will generate a unique code or QR code that you can copy and share on social media or private messages.
How to Claim a Red Packet
Found a code online or received one from a friend? Here’s how to grab your share:
Via Search Bar: Copy the Red Packet code, paste it into the Binance App search bar, and hit search. A pop-up will appear—simply tap Open.
Via Binance Pay: Go to Pay > Red Packet > Receive, enter the code, and tap Claim.
Via QR Code: Simply use the Binance App scanner to scan a Red Packet QR code, and it will take you directly to the claim page.
[!IMPORTANT]
Where does the money go? Once claimed, the crypto is instantly credited to your Funding Wallet. It does not go into your Spot wallet automatically, so check your Funding balance to see your rewards.
Security and Best Practices
While Red Packets are a fun way to earn "free" crypto, they are also used by scammers to lure users into phishing sites.
Trust the Official App: Only claim Red Packets within the official Binance App or website. Never enter your login password or private keys on a third-party site to "unlock" a packet.
Beware of "Wallet Approvals": A legitimate Binance Red Packet will never ask you to "Approve" or "Sign" a smart contract transaction in a Web3 wallet.
First-Come, First-Served: Red Packets have a limited number of recipients and often expire within 24 hours. If you see a code, act fast! Red Packets remain one of the most engaging ways to interact with the crypto community. Whether you're a creator looking to boost your following or just someone who enjoys a digital "treasure hunt," it’s a simple, low-risk way to experience the world of peer-to-peer crypto transfers.
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