Red packets or "Hongbao" are a popular feature on Binance that allows users to send and receive free cryptocurrencies as gifts. However, they can be a scam trap if you're not careful!

What are red packets in Binance?

These are rewards or gifts in the form of tokens or cryptocurrencies distributed through official events from Binance (like holidays or promotions) or other people (friends, groups, or strangers!).

How does it work?

1️⃣ Someone creates a red packet and specifies the amount and number of recipients.

2️⃣ Share the link or code with others.

3️⃣ The first to open the link gets their share.

Security warnings: Risks of fake red packets 🚫!

Some of these packets may be scams to steal your data, hack your wallet, or flood you with fake tokens.

The most common scams:⚠️

1️⃣ Fake links (similar to the Binance link but counterfeit).

2️⃣ Packets that require "approval" for your wallet (then they withdraw your funds!).

3️⃣ Non-sellable free tokens (worthless).

🔹️7 golden tips to avoid scams through red packets

1️⃣ Verify the source of the packet - do not open links from strangers (especially on Telegram or Twitter).

2️⃣ Never enter your password! - The official Binance site does not ask for your password in red packets.

3️⃣ Check the link before clicking - the correct link: (link not available)

4️⃣ Do not approve any "Approve" in your wallet - some packets request authorization to access your funds → reject it immediately!

5️⃣ Ignore suspicious free tokens - If you receive a token like BANANAS31, check its contract on BscScan before selling it.

6️⃣ Use a secondary account to participate - If you want to try the packets, use an account with no funds to avoid risks.

7️⃣ Report the fraud immediately - if you suspect a packet, report it to Binance through customer support.

What to do if you fall into the trap?

1️⃣ Change your password immediately if you entered it on a fake site.

2️⃣ Revoke all approvals (Revoke Approve) on BscScan.

3️⃣ Delete suspicious tokens from your wallet.

Summary: Red packets between benefit and risk

✅ If it's from a trusted source (Binance or friends) → a chance to receive free rewards.

❌ If it's from strangers or suspicious links → 90% chance of scam or theft!

💡 Remember: there is no "magic offer" in cryptocurrencies! Use logic and always be cautious.

🚨 Share this information with your friends to protect them from scams!