TechFlow news, July 22, according to an official announcement, Bitget has listed 3 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 HK stocks directly using USDT, without the need for foreign currency exchange throughout the process. The contracts themselves are quoted in HKD, while margin deposits and PnL settlement are both completed in USDT, simplifying the trading process while effectively avoiding additional risks caused by exchange rate fluctuations.




