Bitget launches the first TradFi Quanto Perpetual Futures settled entirely in USDT. MINIMAXHKDUSDT lets traders access Hong Kong-listed MiniMax with up to 20x leverage. New product removes FX
Bitget has launched the industry’s first TradFi Quanto Perpetual Futures, introducing a new derivatives product that allows traders to gain exposure to non-U.S. dollar-denominated stocks using USDT without converting into local fiat currencies.
The first contract, MINIMAXHKDUSDT, tracks Hong Kong-listed AI company MiniMax and is now live on the exchange, offering up to 20x leverage and 24/7 trading.
According to Bitget, the new product prices the underlying stock in its local currency, such as Hong Kong dollars (HKD) for Hong Kong-listed equities, but settles margin, fundi…
Read The Full Article Bitget Debuts USDT-Settled Quanto Perpetuals for Traditional Assets On Coin Edition.
