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Red Envelope: Sending and Receiving Lucky Money in a decentralized way

Coin98 is releasing Red Envelope, allowing users to send & receive lucky money to everyone worldwide. Update your Coin98 & try it on right now!
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Coin98 Wallet
Published Jan 21 2023
Updated Feb 06 2023
2 min read

When decentralization can keep traditions 

Giving money in a red envelope has long been a custom in Asian nations, especially during holidays and special occasions like Lunar New Year. The idea of red envelopes has been modified to accommodate the sending and receiving of lucky money in various ways as a result of the emergence of digital currencies.

Red Envelope has been included to the most recent edition of the Coin98 Super App in order to keep alive this wonderful tradition in the decentralized world. This is made possible by the enthusiastic and committed internal team.

Releasing Red Envelope 

Red Envelope is a new way to send and receive lucky money through the use of your non-custodial wallet. This feature allows you to easily send coins or tokens and wishes to friends and family by simply entering their wallet addresses.

In the current phase, users can use Red Envelope to send lots of BEP20 tokens to multiple addresses simultaneously, which mainly supports the Finding Luck 2023 event mainly. 

In the future, Coin98 will put more effort into it to upgrade Red Envelope to be one of the always-on features with more tokens in numerous blockchains.

Get started 

Download Coin98 Super App

Make sure you have Coin98 installed and have created a multi-chain wallet. 

Enter the Red Envelope

Step 1: Click on Rewards Hub on the main screen

Step 2: Select Red Envelope

Step 3: Select “Send” to send lucky money to your friends

Step 4: Fill in the necessary information, including: 

  • Name - your name or red envelopes 
  • Amount  - select the type of token and the amount you want to send
  • Recipient List - a list of recipients 
  • Message - the message you want to send.

Step 5: In “Recipient List”, fill in the wallet address and their nickname, including:

  • Label – recipient's name 
  • Address – recipient's wallet address. 

Step 6: Click the “Create” button. That's it!



  • The number of tokens you send will be randomly distributed to the recipient's wallet address.
  • You need at least 1 token to be able to send lucky money.
  • When creating or receiving a Red Envelope, you need a few BNB as network fees. 
  • There is no limitation in the quantity of sending tokens or wallet addresses. 

About Coin98 Super App 

Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely.

We offer users across the globe a comprehensive and trusted ecosystem of essential services, including but not limited to a non-custodial, multi-chain NFT & cryptocurrency wallet, built-in DEXs, Cross-chain Bridge & DApp Browser, a powerful Terminal, attractive Earn, Gift & Campaign, and Others.

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