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HOW TO CREAT,SEND AND REDEEM A GIFT CARD

How to Send and Redeem Crypto Using Binance Gift Cards

2025-02-07

Main Takeaways

• Send the gift of crypto to friends and family worldwide with digital Binance Gift Cards featuring very low transfer fees.

• Easily buy Binance Gift Cards from our partners.

• Binance Gift Cards offer a seamless solution for gifting crypto, even for people new to digital assets.

We’ve all been there – searching for that perfect, unique gift for a special occasion. Whether it’s a birthday, anniversary, or a simple “thank you,” the pressure to find something different is real. That’s where Binance Gift Cards come in.

These secure and convenient digital cards let you send crypto to anyone, anywhere in the world as long as you have verified your Binance account and the gift card product is supported in your region. Supporting over 290 cryptocurrencies, Binance Gift Cards are perfect for celebrating milestones, marking special events, or introducing someone new to the world of digital assets. With extremely low fees and unmatched flexibility, Binance Gift Cards are the ideal way to share the gift of crypto, along, of course, with a personalized note.

Buying and Sending a Binance Crypto Gift Card 

1. Visit our Binance Gift Card partner websites.

2. Choose the crypto asset you wish to buy and the amount. 

3. Choose the send method on the partner website – this is usually by adding the recipient email address or phone number of the person you are gifting to.

4. Add a personalized note.

4. Once you’ve added the note and confirmed the gift card amount, confirm the order with the merchant. 

5. Complete the two-factor authentication (2FA) to confirm the transaction, and the amount will be deducted from your Spot or Funding wallet accordingly. 

For a more detailed guide, check out our tutorial on How to Create and Send Binance Gift Cards.

How Do I Redeem a Crypto Gift Card on Binance

1. Log in to the Binance app and select [Gift Card] under your profile. 

2. Tap [Redeem].

3. Enter the 16-digit code on your gift card and select [Redeem].

Creating Binance Gift Cards for Businesses 

Binance Gift Cards are more than just a way to send crypto – they’re a powerful tool for businesses to elevate customer engagement and loyalty. Whether you’re rewarding your most valued clients, running promotional campaigns, or incentivizing referrals, Binance Gift Cards for businesses offer a unique and modern way to stand out. Supporting over 290 cryptocurrencies, these digital cards are secure, flexible, and globally accessible, ensuring your customers can experience the future of finance firsthand. By integrating Binance Gift Cards into your customer relationship strategy, you’ll create memorable touchpoints that strengthen your brand connection.

To ensure the highest levels of security and compliance, Binance Gift Cards for business use are exclusively available to companies that have successfully completed Binance’s Know Your Business (KYB) verification process. This measure safeguards against fraud while providing verified businesses with seamless access to this innovative gifting solution. If your business is KYB-verified, you can start creating Binance Gift Cards today! Not verified yet? Complete your KYB verification to unlock this unique method to engage and reward your customers.

WEB3 WALLET SECURITY

Binance App

Secure, fast and elegant

Web3 Wallet Security: Blockchain Rectification and Seed Phrase Traps Explained

2025-02-06

Main Takeaways

• Your Web3 wallet is your gateway to the fascinating world of blockchain, but you should always remember that one wrong move can let scammers in.

• Criminals can exploit the false sense of urgency and leverage greed through blockchain rectification and seed phrase traps.

• Safeguard your wallet by staying informed, never sharing your seed phrase, and always questioning offers that seem too good to be true.

While your Web3 wallet can unlock the blockchain's immense potential and open an entire new world of opportunities, you should always remember that one careless move can open the door for scammers looking to steal your funds. Your wallet doesn’t just house your digital assets – it safeguards them, with private keys and seed phrases serving as the bastions of your security. These seemingly random strings of words unlock access to your funds and identity in the blockchain world, making them a prime target for scammers and fraudsters.

In our previous exploration of Web3 wallet security practices, we navigated the risks of fake wallet apps and smishing attempts. This time, we’ll delve into two more deceptive tactics: blockchain rectification scams and seed phrase traps. These schemes are designed to prey on emotions, curiosity, and carelessness that even experienced users are not immune from. Let’s uncover how these scams operate, why they’re so effective, and, most importantly, how you can fortify your defenses against them.

Blockchain Rectification Scams

Fake wallet rectification websites – services that claim to “fix” wallet-related problems like access issues or transaction errors – are a persistent threat, preying on users’ frustrations and exploiting their urgency to resolve wallet-related issues. Despite their claims of solving slippage errors, transaction failures, or migration problems, these sites are designed to steal your seed phrase, ultimately leading to the theft of your digital assets. Let’s break down how these scams work.

Targeting Frustrated, Inexperienced Users: Scammers often focus on users overwhelmed by common crypto challenges such as slippage errors, transaction failures, and migration problems. Slippage errors occur when transactions fail due to price fluctuations, while transaction errors often involve stuck or failed transfers that induce anxiety. Migration issues, like confusion during wallet upgrades or chain migrations, can also be frustrating. For beginners, these issues can feel insurmountable, creating a sense of helplessness. Scammers exploit this sense of vulnerability by offering their websites as quick-fix solutions.

Creating a False Sense of Urgency: Scammers directly engage with potential victims on platforms like Discord, Telegram, and other social media groups by impersonating official accounts or helpful community members. Once they establish trust, scammers share links to malicious rectification websites and repeatedly emphasize the need to act quickly by warning users of irreversible losses unless they respond immediately. Phrases like “act now” or “funds may be permanently lost” create a heightened sense of urgency, leaving little room for careful decision-making.

Imitation: Fraudulent websites adopt layouts and features that resemble popular services, often using clean, minimalist designs or outright clones of trendy websites. This familiarity makes users believe they are interacting with an authentic platform, reducing their natural skepticism.

Example of a fake blockchain rectification site

Simulating Technical Errors: Once on the site, users encounter various options like “Claim,” “Bridge,” or “Migrate,” all of which lead to the same outcome – a technical error message. These error messages are carefully crafted to appear authentic and urgent. To resolve the issue, the site prompts users to “connect manually,” where a pop-up opens and asks users to enter their sensitive information, such as their seed phrase or private key.

Blockchain rectification site requesting seed phrase entry

Clouding Judgment Through Stress: By combining frustration, urgency, and sense of familiarity through imitation, scammers attempt cloud users’ judgment. The stress of unresolved crypto issues, coupled with the site’s professional appearance and anxiety-inducing warnings, overwhelms critical thinking. In their desperation to resolve the issue, users often enter their seed phrases or private keys without pausing to consider the potential risks.

Avoiding these scams starts with adopting a cautious mindset. When faced with an issue, pause and assess, resisting the urge to act on impulse, no matter how urgent the situation may seem. Next, take a moment to critically analyze the website's demands and evaluate whether they make sense. Always verify authenticity by cross-checking URLs and consulting official sources or trusted community channels. Most importantly, remember that legitimate services will never ask for your seed phrase or private key.

The Seed Phrase Trap 

Seed phrase traps work by exploiting the curiosity or greed of unsuspecting users by baiting them into interacting with a wallet controlled by the criminals. Unlike traditional scams that focus on single targets and require significant effort to deceive and convince victims, seed phrase traps are designed for scale. These scams demand minimal effort from the bad actor, relying on siphoning small amounts of money from multiple victims, which can add up to significant profits when executed at volume. Here’s how such a scam could potentially play out.

The Setup: Scammers publicly share the seed phrase of a wallet, posing as a beginner seeking help or as part of a seemingly generous offer. These comments, often posted on finance-related forums or videos, create an illusion of legitimacy to draw in unsuspecting individuals or even opportunistic users thinking they’ve come across “free lunch.”

The Lure: When someone uses the shared seed phrase to access the wallet, they are surprised to find a substantial balance, often in a stablecoin like USDT. However, the wallet lacks the necessary cryptocurrency (for example, TRX) to cover transaction fees, prompting the victim to add the required funds.

The Trap: Eager to claim the seemingly easy money, the individual transfers the required cryptocurrency to the wallet. Unbeknownst to them, the wallet is rigged to siphon these funds instantly to a separate wallet controlled by the scammers.

What the victim doesn’t realize is that the wallet they are interacting with is a multi-signature wallet or has its account permissions manipulated, meaning that transactions require approval from other parties. As a result, withdrawing funds from the wallet isn’t possible with just the seed phrase, making the entire scenario a clever ruse. This method ensures a steady flow of small gains from numerous victims with minimal effort, while the scammers remain in full control.

If it seems too good to be true, it almost never is. Seed phrase traps exploit human nature – curiosity, greed, or even misguided altruism – while benefiting from the scalability of their design. These traps serve as a stark reminder that you should avoid interacting with unsolicited seed phrases at all times.

Ways To Protect Yourself

Stay Calm and Avoid Rushed Decisions

Scammers create a false sense of urgency to make you act impulsively. Whether it’s claiming that your funds are at risk or a “critical issue” that needs immediate attention, take a moment to calm down and double-check. Carefully evaluate the situation and verify the legitimacy of any request before taking action.

Never Share Your Seed Phrase

Think of your seed phrase as the key to your Web3 wallet – a key to a vault full of your digital assets. That’s why you should never share your seed phrase with anyone, no matter how trustworthy they may seem. This includes websites, platforms, or individuals.

Even when interacting with seemingly legitimate sites or trying to resolve wallet issues, keep in mind that no legitimate service will ever ask you for your seed phrase. If a website or platform requests your seed phrase, don’t hesitate — stop immediately and leave the site.

Don’t Engage with Publicly Shared Seed Phrases

Seed phrase traps prey on curiosity or greed, offering easy rewards that are too good to be true. Be wary of shared seed phrases online, especially those promising "free" crypto or substantial rewards. These schemes are designed to lure you into a trap, where your funds are stolen as soon as you interact with the offer. Always remember: if an offer seems overly generous, it’s best to steer clear.

Educate Yourself and Stay Informed

Knowledge is your first line of defense in the Web3 space. Understanding common scams like blockchain rectification and seed phrase traps is crucial to protecting yourself. Stay informed on the latest threats by following trusted resources like Binance Academy and our Know Your Scams series. These resources will help you stay ahead of emerging scams, enabling you to make informed decisions to safeguard your assets.

Final Thoughts

Your Web3 wallet unlocks the potential of your digital assets, and it’s crucial to secure it. To safeguard your funds, prioritize staying informed, protect your private keys and seed phrases, never import seed phrases provided by others, and rely only on trusted platforms. Always take a moment to think critically before taking action, and keep in mind that a healthy dose of caution, skepticism, and knowledge can go a long way to fend off scams.

TOP TEN CRYPTCURRENCY TRADING TOOLS ON BINANCE TO BE MASTERED 2025

Top 10 Cryptocurrency Trading Tools on Binance in 2025

2025-02-05

Main Takeaways

• Explore Binance’s cutting-edge suite of crypto trading tools, trusted by over 250 million users worldwide, designed to transform your financial journey.

• Simplify crypto transactions and discover new earning opportunities as Binance continues to innovate for an enhanced user experience.

• Enjoy a user-first platform that prioritizes security, offering robust features to safeguard your digital assets and help you trade with confidence.

This is a general announcement. Products and services referred to here may not be available in your region. 

Welcome to Binance, the world’s leading cryptocurrency platform, where innovation meets opportunity. Our ecosystem is built to empower users like you to navigate the ever-evolving digital finance landscape with confidence and achieve your goals.

From seamless trading solutions to cutting-edge tools for earning, learning, and exploring Web3, Binance currently equips over 250 million users worldwide with everything they need to succeed in the crypto space. Each product is thoughtfully designed, rigorously tested, and supported by Binance’s commitment to its users.

In this guide, we’ll explore the top Binance tools that can elevate your financial journey. Whether you’re a seasoned trader or just getting started, our powerful suite of products is here to help you unlock the full potential of digital assets. Let’s dive in!

1. Security Tools: Protecting Your Digital Assets

At Binance, security is our top priority. We offer a suite of tools designed to safeguard your digital assets and provide peace of mind as you navigate the crypto world.

• Two-Factor Authentication (2FA): Add an extra layer of protection to your account with 2FA. This feature requires a unique, time-sensitive code on your phone, ensuring your account remains secure beyond just your password.

• YubiKey Support: Take things further with a physical key that generates one-time-use codes upon touch, ensuring only you can access your account.

These features reflect our unwavering commitment to user security, making Binance a secure crypto trading platform and giving you the confidence to explore crypto safely. Safeguard your journey with Binance!

2. Convert and Spot Trading: Seamless Crypto Transactions

Binance makes trading easy with Convert and Spot Trading. Whether you’re new or experienced, these features empower you to manage your portfolio effortlessly:

• Binance Convert: Instantly swap one cryptocurrency for another with zero hassle. Perfect for users who want quick, straightforward transactions without navigating the complexities of a trading interface.

• Spot Trading: Access unparalleled liquidity and lightning-fast transactions to execute trades at the best prices. With an intuitive platform designed for traders of all levels, you can easily manage your portfolio and seize new opportunities.

Experience why Binance is the world’s largest crypto exchange by trading volume. From simplicity to performance, our Convert and Spot Trading tools are here to keep your portfolio ahead of the curve.

3. Futures Trading: Amplify Your Potential

Step into the world of Futures Trading on Binance, where you can trade contracts to buy or sell assets at set prices on future dates. This feature enables traders to anticipate market movements and seize opportunities with greater precision.

With Binance Futures, you can also gain access to leveraged trading, allowing you to increase your position size. Leverage can amplify both profits and losses, offering the potential for significant returns — with additional risks. For example, with 10x leverage, a 1% price movement in the underlying asset translates into a 10% profit or loss on your trade.

Why trade Futures with Binance?

• Advanced Tools: Leverage a suite of robust tools to execute your strategies.

• Unmatched Liquidity: Enter and exit positions seamlessly.

• Comprehensive Support: Access tutorials and resources to build confidence.

Warning: Futures trading with leverage involves significant risks. Before you begin, ensure you fully understand the mechanisms and potential outcomes. Binance offers educational resources to help you trade responsibly.

4. Binance Earn: Put Your Crypto to Work

Make your crypto work harder for you with Binance Earn, a suite of products designed to grow your assets effortlessly. Whether you’re a seasoned investor or just starting out, Binance Earn offers tailored options for every strategy and risk appetite.

• Grow Passively: Earn passive income with Binance through Flexible Savings, which allows withdrawals anytime, or Locked Savings, with higher rewards for fixed terms.

• Maximize Potential: Explore tools like Staking for blockchain rewards, or Launchpool to farm new tokens from promising projects.

• Advanced Options: Participate in Dual Investment for higher returns based on market movements or access DeFi Staking without managing complex setups.

With a variety of earning opportunities and Binance’s trusted security, Binance Earn helps you build your portfolio confidently. From steady savings to advanced strategies, let your crypto do more for you while you focus on achieving your financial goals.

5. Binance Square: Your Gateway to the Crypto Community

Discover a world of insights and ideas with Binance Square, our dedicated social platform for crypto enthusiasts. Binance Square connects you with the latest trends, expert opinions, and community-driven content.

On Binance Square, you can:

• Stay Informed: Access breaking news, market analysis, and project updates from trusted sources and industry leaders.

• Engage with the Community: Join discussions, share ideas, and learn from other users navigating the crypto space.

• Explore Opportunities: Stay ahead by discovering trending tokens, innovative projects, and real-world use cases shared by experts and the community.

With Binance Square, you’re not just trading crypto — you’re joining a global network of individuals shaping the future of Web3. Whether you’re seeking knowledge, inspiration, or connection, Square is your gateway to everything the crypto world has to offer.

6. Trading Bots & Copy Trading: Smarter Ways to Trade

Want to trade without constantly monitoring charts or executing trades yourself? Binance offers Trading Bots and Copy Trading, perfect for automating your trading or following the strategies of experienced traders.

With Trading Bots, you can automate strategies like grid trading, dollar-cost averaging (DCA), and portfolio rebalancing. These tools let you take advantage of market opportunities and grow your assets consistently, all while saving time and effort.

Prefer to follow a pro? Copy Trading allows you to replicate the moves of top-performing traders. Simply choose a trader whose strategy fits your goals, and let their expertise guide your portfolio.

Whether you’re automating your trades or relying on the wisdom of skilled traders, Binance’s advanced tools make trading smarter and more accessible for everyone. Take the stress out of trading and let Binance help you trade confidently and efficiently.

7. Binance Academy: Your Free Crypto Knowledge Hub 

Knowledge is power, and Binance Academy puts it at your fingertips. As one of the largest crypto libraries in the world, it offers thousands of free articles, blockchain courses, and resources — all written by experts. Whether you’re looking to understand Web3 basics or exploring advanced crypto strategies, Academy has you covered.

Since its launch, millions of people have tapped into this resource to learn about crypto, blockchain, and beyond. From understanding market trends to mastering technical analysis, Academy empowers users to navigate the space with confidence.

Best of all, it’s completely free, reflecting Binance’s commitment to making blockchain education accessible to all. Join the learning community today and stay ahead in the rapidly evolving world of digital finance.

8. Fiat and P2P: Simple Ways to Enter Crypto

Step into the world of digital finance with Binance’s Fiat and P2P gateways. 

Fiat gateways make it easy to purchase cryptocurrencies directly with your local currency, bypassing the need for complex and costly intermediaries.

For even more flexibility, our Peer-to-Peer (P2P) platform connects you with a global network of traders, allowing you to buy and sell crypto using payment methods that work best for you. With features designed for simplicity and efficiency, Binance’s P2P platform is ideal for anyone looking for a reliable way to enter or exit the crypto market.

Whether you’re buying your first Bitcoin or cashing out earnings, these gateways ensure your journey is smooth, secure, and tailored to your preferences.

9. Binance Pay: Crypto for Everyday Life

Simplify your transactions with Binance Pay, a fast, secure, and borderless payment solution that brings crypto into your everyday activities. Whether shopping, dining, or paying bills, Pay allows you to make and receive payments in multiple digital assets.

Merchants and users alike benefit from instant, gas-free transactions, free from geographical boundaries. Payments are as simple as scanning a QR code, making every transaction seamless and contactless.

Since its launch in 2021, Binance Pay has attracted over 40 million active users, and onboarded 32,000+ merchants worldwide. It’s the future of payments, and it’s here today. Experience the ease of spending your crypto in the real world with Binance Pay.

10. Binance Wallet: Your Web3 Super Tool

Web3 is the next generation of the internet, where decentralization puts you in control of your data, assets, and online experiences. The Binance Wallet is your gateway to this exciting new world, making it simple and secure to explore.

The Binance Wallet lets you manage all your crypto across multiple wallets in one place, making it easier than ever to track and control your assets. You can seamlessly swap tokens across networks, trade effortlessly, and access exclusive rewards like airdrops, all while benefiting from robust security that keeps your assets in your hands. 

Designed to be user-friendly, the wallet is perfect for everyone, whether you're just starting out in Web3 or are already an experienced enthusiast. With the Binance Wallet, you can navigate the decentralized world with confidence. Get started today!

Final Thoughts

Binance’s comprehensive ecosystem, built on cutting-edge technology and user-first innovation, is transforming the world of digital finance. From trading and earning to education and security, our tools and services are designed to meet the diverse needs of users at every level. As you continue your financial journey, we aim to be your trusted partner, simplifying crypto and empowering you to achieve greater financial independence. Together, let’s shape the future of digital finance and unlock the endless possibilities of cryptocurrency. Create a free Binance account today!

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In Binance there are unlimited ways of opportunities to earn money.

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