This Chinese New Year, the average red envelope from Binance is less than $1. OKX seems to require you to trade something before you can claim it. The funniest one has to be HashKey: Trade $200 to get 1 HKD. If you can’t afford it, just don’t send anything. Basically, they all just want users to act as promoters to bring in new people and boost trading volume. Feels like the customer acquisition cost is even cheaper than traditional brokerages now. Of course, I believe on New Year’s Day, probably Er Sheng and Bai Lianhua will send out a few super big red envelopes, targeted at some KOLs or their own employees. Then they’ll make the whole internet jealous.