Svmuu News: According to an official announcement, Bitget has launched three Quanto perpetual contracts for Tencent (TENCENT), Zhipu AI (ZHIPU), and Xiaomi (XIAOMI), supporting up to 20x leverage and 24/7 trading.
TradFi Quanto perpetual contracts allow users to trade non-USD-denominated overseas stocks, such as Hong Kong stocks, directly using USDT, eliminating the need for currency conversion throughout the process. While the contracts are quoted in Hong Kong dollars, margin deposits and profit/loss settlements are conducted in USDT. This simplifies the trading process while effectively mitigating the additional risks associated with exchange rate fluctuations.
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Bitget Launches TradFi Quanto Perpetual Contracts for Tencent, Zhipu AI, and Xiaomi
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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