Binance's Red Packet feature allows users to send cryptocurrency gifts to friends and family, inspired by the traditional practice of giving red envelopes during special occasions. This feature is part of Binance Pay and enables users to create and share crypto gifts easily.

Creating a Red Packet:

1. Access Binance Pay: Log in to your Binance app and tap the [Pay] icon.

2. Select Red Packet: Choose the [Red Packet] option.

3. Create a Red Packet: Tap [Create Now], select a distribution method ([Random] or [Fixed]), specify the amount and number of gifts, add a message, and tap [Continue].

4. Confirm and Share: Review the details, confirm the payment, and share the generated code or link with your intended recipients.

Claiming a Red Packet:

1. Access Binance Pay: Log in to your Binance app and tap the [Pay] icon.

2. Enter Code: Go to [Red Packet], tap [Receive], enter the Red Packet code, and tap [Claim Now].

3. Claim Crypto: Tap [Open] to receive the crypto, which will be credited to your Funding Wallet.

Red Packets are valid for 24 hours; unclaimed gifts are returned to the sender's Funding Wallet after this period. For detailed instructions, refer to Binance's official guide.

Additionally, Binance users often share Red Packet codes for giveaways, allowing others to claim free crypto. These giveaways are typically time-sensitive and operate on a first-come, first-served basis. For example, users have shared codes like "BPJ7HUMXZ7" to allow others to claim rewards.

Please note that sharing Red Packet codes publicly can lead to unintended recipients claiming the gifts. It's advisable to share codes only with intended recipients to ensure the gifts reach the right people.

For more information on Binance Red Packets and related giveaways, you can explore Binance's official resources and community posts.