Bitget has added three TradFi Quanto perpetual contracts tied to Tencent (TENCENT), Zhipu AI (ZHIPU), and Xiaomi (XIAOMI), according to an official announcement cited by Odaily. The contracts support up to 20x leverage and are available for 24/7 trading. Bitget said the TradFi Quanto perpetual product lets users trade overseas stocks priced in non-U.S. currencies, including Hong Kong stocks, directly with USDT, removing the need to exchange into foreign fiat currencies first. The exchange said the contracts are quoted in Hong Kong dollars, while margin deposits and profit-and-loss settlement are both handled in USDT. According to the announcement, that structure is designed to simplify the trading process and reduce the extra risk created by exchange-rate swings.
Bitget has listed three TradFi Quanto perpetual contracts tied to Tencent (TENCENT), Zhipu AI (ZHIPU), and Xiaomi (XIAOMI), according to an official announcement cited by Odaily. The contracts offer up to 20x leverage and support 24/7 trading.
USDT-based access to non-USD overseas equities
Bitget said its TradFi Quanto perpetual contracts allow users to trade overseas stocks priced in non-U.S. currencies, including Hong Kong stocks, directly with USDT, without having to convert into foreign currencies first.
Under the product design described in the announcement, the contracts are quoted in Hong Kong dollars, while margin deposits and profit-and-loss settlement are completed in USDT. Bitget said this setup simplifies the trading process and helps avoid additional risk from exchange-rate volatility.
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