Binance Quanto Perpetual Contracts Launch Tencent and Xiaomi Hong Kong Stock Trading

Odaily reported on July 22 that Binance has officially launched the HK0700 USDT (Tencent) and HK1810 USDT (Xiaomi) Hong Kong stock trading pairs on its Quanto perpetual contracts.

Binance Quanto perpetual contracts allow users to trade non-USD-denominated stocks using local currencies without the need for foreign exchange conversion, lowering the barrier to entry while enhancing trading convenience. Binance TradFi products now support 140 trading pairs, and the trading volume of its TradFi perpetual contracts over the past week has approached $100 billion, continuously expanding users' one-stop experience in trading traditional financial assets.