Red Packets on Binance are a fun way to share cryptocurrencies with friends and family. Here's what you need to know:

📌What are Red Packets?
Red Packets are a Binance feature inspired by the traditional Chinese New Year practice of gifting red envelopes filled with money. On Binance, users can send small amounts of cryptocurrencies to others in the form of "Red Packets."

📌Key Features
1. *Cryptocurrency gifts*: Send various cryptocurrencies, including Bitcoin, Ethereum, and Binance Coin (BNB).
2. *Random distribution*: Recipients receive a random amount from the packet.
3. *Limited quantity*: Senders set the number of packets available.
4. *Expiration date*: Packets expire if not claimed within a set timeframe (usually 24 hours).

📌How to Use Red Packets
1. Log in to your Binance account.
2. Navigate to the "Red Packet" section.
3. Choose the cryptocurrency and amount.
4. Set the number of packets and expiration date.
5. Share the unique redemption link or QR code with recipients.

📌Terms and Conditions
1. Red Packets are only available for eligible Binance users.
2. Minimum and maximum sending amounts apply.
3. Redemption is subject to Binance's terms and conditions.

📌Availability
Red Packets are available on the Binance website and mobile app.

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