Binance Introduces Timed Red Packet for an Enhanced Gifting Experience

2025-05-09 12:00

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

We are excited to announce the launch of the Timed Red Packet, a feature designed to elevate the traditional red packet experience by providing greater control, excitement, and security. This innovative offering allows users to set a red packet to be valid for a limited period after the first claim, making it ideal for various occasions, fostering exclusivity and engagement among intended recipients.

Key Highlights of Timed Red Packet

  • Customizable Time Limits: Users can set specific time limits for how long the red packet remains valid after the first claim, providing enhanced control over distribution.

  • Enhanced Security: This feature ensures that red packets are claimed within a specific timeframe, reducing the risk of unclaimed rewards.

  • Increased Engagement: The countdown timer adds excitement and urgency, encouraging recipients to claim their red packets quickly.

How to Create a Timed Red Packet

Binance Website

  • Step 1: Login to your Binance Account and visit the Pay page.

  • Step 2: Click [Red Packet] - [Create].

  • Step 3: Choose the distribution method [Timed] and set the validity period (between 1 and 60 minutes).

  • Step 4: Enter the number of recipients, the total amount of crypto to send, and a message. Then, click [Continue].

  • Step 5: Check your payment details and click [Confirm].

  • Step 6: Verify with passkey or 2FA to confirm payment.

  • Step 7: A code will be generated for your Red Packet. You can share the code with your friends by sharing via social media, or clicking [Copy Link] and send it to them. Your friends can then claim your Red Packet on the Binance app or website.

Binance App

  • Step 1: Login to your Binance App and select [Pay] - [Red Packet].

  • Step 2: Go to [Send] and tap [Create].

  • Step 3: Choose the distribution method [Timed] and set the validity period (between 1 and 60 minutes).

  • Step 4: Enter the number of recipients, the total amount of crypto to send, and a message. Then, tap [Continue].

  • Step 5: Check your payment details and tap [Confirm].

  • Step 6: Verify with passkey or 2FA to confirm payment.

  • Step 7: A code will be generated for your Red Packet. You can share the code with your friends by sharing via social media, or tapping [Copy Link] and send it to them. Your friends can then claim your Red Packet on the Binance app or website.

Please share the code privately with your intended recipients only, as anyone with the code can use it to claim your Red Packet. Users are solely responsible for sharing the code with the intended recipients, and Binance is not liable for any misuse or improper use of the QR codes. 

Timed Red Packets are configured to expire after a specified duration. After expiration, codes are rendered inactive and cannot be redeemed. It is the user's responsibility to clearly communicate expiration terms to end recipients.

Note: There may be discrepancies between this original content in English and any translated versions. Please refer to the original English version for the most accurate information, in case any discrepancies arise.

Thank you for your support!

Binance Team

2025-05-09

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Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.

Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Please fund your wallet and perform your transactions cautiously. Not financial advice. For more information, see our Terms of Use, Binance Pay Terms of Use and Risk Warning.