Bitget TradFi Quanto Perpetual Contract Launches 2x Long on SK Hynix and Samsung Electronics

August 12th, according to an official announcement, Bitget has launched CSOPSK2LHKD (2X Long SK Hynix) and CSOPSS2LHKD (2X Long Samsung Electronics) two TradFi Quanto Perpetual Contracts, supporting up to 20X leverage and 24/7 trading.

TradFi Quanto Perpetual Contracts allow users to directly trade Hong Kong stocks and other non-U.S. dollar-denominated overseas stocks using USDT, without the need to exchange foreign currencies. The contract itself is quoted in local currencies such as Hong Kong dollars or Japanese yen, while margin deposits and P&L settlements are done in USDT. This simplifies the trading process and effectively mitigates additional risks associated with exchange rate fluctuations.