Did You Know Binance Has a Red Packet Feature?
Sending red envelopes for the holidays, birthdays, or just for fun among friends is something many people do. But did you know that Binance has its own red packet feature, and it sends real cryptocurrency? You can gift a friend a BTC red packet, an ETH red packet, or even a Dogecoin red packet, and they receive it directly into their Binance account. This feature has been around for a while, yet I have noticed that many crypto users have no idea it exists. Today I will explain how it all works. First, you need a Binance account, so go ahead and sign up for Binance, then download the Binance app. The red packet feature is built right into the app.
Where to Find Red Packets in the App
Many people cannot find the red packet feature because it is tucked away a bit. Here are several ways to locate it in the Binance app:
The first way is to open the Binance app and tap the "Pay" button at the bottom of the home screen. Once you are on the Binance Pay page, look for an option labeled "Red Packet" or "Crypto Box." Tap it and you are in.
The second way is to search directly. Type "Red Packet" or "Crypto Box" in the search bar on the app's home screen, and the feature will appear in the results.
The third way is to scroll down on the home screen to the "More Services" area, where you can also find the red packet entry point. Binance occasionally rearranges its app layout, so if a particular entry is missing, searching is the most reliable method.
How to Create and Send a Red Packet
On the red packet page, tap the "Send" button to start creating one. The process is very intuitive:
Step one, choose the red packet type. Binance typically offers two types: "Equal Split," where everyone gets the same amount, and "Random," where each person receives a different amount, similar to a lucky draw. The random type is naturally more exciting, and whoever gets the biggest share will be thrilled.
Step two, select the cryptocurrency. You can choose almost any cryptocurrency available in your account. The most popular choices are USDT (because its value is stable and recipients do not have to worry about price swings), BTC and ETH (for a premium feel), and DOGE or other fun coins (great for casual exchanges among friends).
Step three, set the total amount and number of packets. For example, if you want to send a red packet totaling 100 USDT split among 10 people, enter 100 for the total and 10 for the count. With an equal split, each person gets 10 USDT. With a random split, each person receives a different amount distributed randomly.
Step four, you can attach a greeting message such as "Happy New Year" or "Happy Birthday." The recipient will see this message when they claim the red packet.
After configuring everything, tap "Create Red Packet." The system will deduct the corresponding amount from your Binance Pay wallet or Funding account. Once the red packet is created, the system generates a link and a QR code that you can share through any messaging platform like Telegram, WhatsApp, or other chat apps.
How to Claim a Red Packet
Claiming a red packet is even simpler. When you receive a Binance red packet link or QR code:
If it is a link, just tap to open it. If you already have the Binance app installed, the link will automatically redirect to the red packet claim page within the app. If the app is not installed, you will be prompted to download it first.
If it is a QR code, open the scan feature in the Binance app and scan it to claim.
The prerequisite is that you must be a registered and logged-in Binance user. Once claimed, the cryptocurrency goes directly into your Binance Pay wallet balance. You can view the transaction details in the Binance Pay transaction history.
It is worth noting that some red packets are password-protected. The sender sets a passcode, and you need to enter the correct one to claim it. This is commonly used in community events or when influencers give away rewards. Only those who guess the passcode can grab the red packet.
How Group Red Packets Work
Group red packets are one of the most entertaining ways to use the feature. You share a red packet in a group chat and let members race to grab it. The experience is almost identical to grabbing red envelopes in a WeChat group, except you are receiving cryptocurrency instead of fiat.
If you have a group of crypto enthusiasts, dropping a random BTC red packet in the chat can create a lot of excitement. The person who grabs the largest share will be especially happy. And since cryptocurrency can appreciate in value, a small amount of BTC claimed today might be worth a lot more in a few years.
Group red packets are also a great way to introduce Binance to new people. If your friends have not registered yet, posting a red packet in the group gives them an incentive to sign up, naturally introducing them to the world of cryptocurrency.
Are There Any Fees for Red Packets?
The good news is that the Binance red packet feature is completely free. There is no fee for creating a red packet, and no fee for claiming one. If you send out 100 USDT, the total received by all claimants adds up to exactly 100 USDT. Binance does not take a cut.
One thing to keep in mind: if a red packet is not fully claimed within the time limit, the remaining balance is automatically refunded to your Binance Pay wallet. Red packets typically expire after 24 hours, and any unclaimed portion is returned without loss.
Holiday Event Red Packets
Binance frequently launches official red packet events during major holidays. Around occasions like Lunar New Year, Christmas, or Singles Day, Binance may distribute official red packets through app notifications or social media, and users can claim them for free.
Some event red packets are given directly, while others require completing simple tasks to claim, such as sharing on social media or inviting new users to register. The amounts may not be huge, but free crypto always feels great.
To stay informed about these events, follow Binance's official Twitter (X) and Telegram group, and check in-app announcements. Alternatively, after you sign up for Binance, enable push notifications to receive alerts when events are running.
Safety Tips
The red packet feature is fun, but stay security-conscious:
Do not click red packet links from unknown sources. Some phishing sites disguise themselves as Binance red packet claim pages to steal your login information. Genuine Binance red packet links always use the binance.com domain.
Never enter your Binance credentials on untrusted websites just to claim a red packet. Real Binance red packets only need to be claimed within the Binance app and do not require logging in on external sites.
Be mindful of the amount when sending red packets. Do not get carried away and send too much. Cryptocurrency values can fluctuate significantly, and a small amount of BTC today could be worth a lot in the future.
It is a good idea to download the Binance app and enable notification alerts so that when someone sends you a red packet, you can see it right away and not miss the claim window.
FAQ
Which cryptocurrencies do Binance red packets support?
Binance red packets support a wide range of cryptocurrencies, including BTC, ETH, BNB, USDT, USDC, SOL, DOGE, XRP, and dozens more. The complete list is available on the cryptocurrency selection page when creating a red packet.
Can I claim a red packet without a Binance account?
Not directly. However, the red packet link will guide you to register a Binance account first. After completing registration, you can then claim the red packet. This makes sending red packets a great way to invite friends to join Binance.
What happens to unclaimed red packets?
Any unclaimed amount is automatically refunded to the sender's Binance Pay wallet after the red packet expires. There is no loss. The expiration period is typically 24 hours.
How many red packets can I send per day?
Binance sets limits on the number and total value of red packets you can create, depending on your account verification level. Regular users can create multiple red packets per day, which is generally enough for everyday use.
Can I set a red packet so only specific people can claim it?
Yes. When creating a red packet, you can set a passcode. Only those who know the passcode can claim it. Simply share the passcode privately with your intended recipients. This is perfect for sending targeted gifts to specific friends.