Sending regular digital red packets is too ordinary -- crypto red packets have the real crypto vibe. Binance's red packet feature lets you send BTC, ETH, USDT and other crypto to friends, operating almost like traditional digital red envelopes but with real digital assets. To try it, register a Binance account first, then download the Binance APP to get started.
Red Packet Types
1. Regular Red Packet (Equal Amount)
Everyone gets the same amount. Send 100 USDT to 10 people = 10 USDT each.
2. Lucky Red Packet (Random)
Like a lucky draw -- amounts are randomly distributed. Some get more, some get less, total stays the same.
3. Exclusive Red Packet
Only designated recipients can claim, specified by Binance Pay ID or phone number. Good for targeted gifts rather than group sends.
How to Send
- Open Binance APP > Binance Pay > Red Packet
- Choose type (equal/random/exclusive)
- Select currency (USDT, BNB, BTC, etc.)
- Enter total amount and number of packets
- Add a greeting message (optional)
- Confirm send
- System generates a share link or QR code
Notes: Amount is deducted from Pay balance or spot account. Different currencies have minimum amounts. Packets expire in 24 hours; unclaimed amounts auto-refund.
How to Grab
- Scan QR: Scan the red packet QR code with Binance APP
- Link claim: Click the shared red packet link
- In-app claim: Check pending red packets in Binance Pay
Requirements: Must be a registered Binance user with Binance Pay activated. KYC recommended for higher limits.
Amount Limits
Limits vary by KYC level. Check the APP for current specifics.
Practical Uses
Social: Liven up crypto groups, holiday greetings, welcome rewards for new members. Utility: Split bills with friends, tips and thanks, promotional giveaways.
Red Packet vs. Direct Transfer
| Feature | Red Packet | Direct Transfer |
|---|---|---|
| Fees | Free | Free (Binance Pay) |
| Fun factor | High (lucky draw) | Low |
| Precision | Group or exclusive | One-to-one only |
| Refund | Auto-refund on expiry | Non-reversible |
FAQ
Q: Where do grabbed red packets go? Directly into your Binance Pay or spot account. Q: Can I send with fiat? No, crypto only. Buy USDT first via fiat, then send as red packet. Q: Can I recall a sent red packet? Claimed portions cannot be recalled. Unclaimed portions auto-refund after expiry. Q: Work internationally? Yes, no geographic restrictions for Binance users.
Security Tips
Don't trust "send red packets for returns" schemes. Any claim of "send 1 BTC, get 10 BTC back" is a scam. Don't click red packet links on untrusted websites. Use official channels only.