Svmuu News: On July 22, Binance announced the official launch of its Quanto perpetual contracts for HK0700 USDT (Tencent) and HK1810 USDT (Xiaomi) Hong Kong stock trading.
BinanceQuanto perpetual contracts allow users to trade non-USD-denominated stocks using local currency, eliminating the need for foreign exchange conversion. This lowers the barrier to entry while enhancing trading convenience. Binance TradFi products now support 140 trading pairs, and TradFi perpetual contracts have seen trading volume approach $100 billion over the past week, continuing to expand users’ one-stop trading experience for traditional financial assets.