The **Red Envelopes** on Binance are a feature of **Binance Pay** that allows you to send cryptocurrency gifts to your friends in a fun and simple way.
Here is a summary of how they work. What is a Red Envelope?
A Red Envelope is a package that contains a fixed or random amount of cryptocurrency tokens that you can send to your friends.
Recipients can claim the envelope by entering a unique code.
How to Create a Red Envelope:
1. Log in to the Binance app and tap the icon.
2. Select [Red Envelope] and then create-and-claim-red-envelopes.
3. Choose whether you want to send a fixed or random amount of tokens.
4. Enter the total amount of cryptocurrency and a message for your friends.
5. Confirm the details and verify the request.
How to Claim a Red Envelope
1. Recipients must enter the code of the Red Envelope in the Binance app.
2. Tap [Claim now] and follow the instructions to obtain the cryptocurrencies.
Promotions and Rewards
Binance often organizes promotions where you can earn additional Red Envelopes by inviting other users.
These envelopes can contain rewards of up to 3 USD in cryptocurrencies. 🧧🧧🎁🎁
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