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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 — similar to giving traditional red envelopes (红包 / Hongbao) during celebrations. (TechPodda)

🎁 What It Is

It’s a crypto gifting mechanism built into Binance’s 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 it’s credited instantly to their Binance wallet. (TechPodda)

📱 How It Works

Open Binance App → Go to Pay → Red Packet. (Bitrue)

Create a Red Packet: choose the amount and how it’s 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)

🕐 Key Features

Distribution Types:

Fixed: Everyone gets equal amounts.

Random: Recipients get random amounts.

Timed: Only claimable within a set time (e.g., 1–60 minutes after first claim). (Coin Gabbar)

Easy Sharing: Share via social channels, group chats, livestreams, parties, etc. (Coin Gabbar)

📌 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)

⚠️ Safety Tips

Only enter codes inside the official Binance app or website — 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 — these can often be scams. (FlxiBas.CoM.
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