Bitget TradFi Quanto Perpetual Contracts Listed for Tencent, Zhipu AI, and Xiaomi

Odaily Planet Daily News: According to official announcements, Bitget has launched Quanto perpetual contracts for three stocks: Tencent (TENCENT), Zhipu AI (ZHIPU), and Xiaomi (XIAOMI). These contracts support up to 20x leverage and 7×24-hour trading.

The TradFi Quanto perpetual contract allows users to trade Hong Kong stocks and other non-USD-denominated overseas stocks directly using USDT, eliminating the need for currency exchange. The contract itself is quoted in Hong Kong dollars, while margin deposits and profit/loss settlements are conducted in USDT. This simplifies the trading process while effectively avoiding additional risks associated with exchange rate fluctuations.