Dr. Moyu|摸鱼局长|7月 21, 2026 10:11
Many people use USDT to trade Hong Kong stock contracts, and the most easily overlooked factor is the price anchor point
Although the focus is on the original price of Hong Kong stocks, the trading page has changed to a USDT quote. When you want to place an order or take profit and stop loss based on the key price of Hong Kong stocks, you have to convert it multiple times in your mind
This time @ Bitget_zh has once again innovated
The industry's first TradFi Quanto perpetual contract has been officially launched, with the first target being MINIMAX HKD USDT. I also went to experience it in practice
It separates two things:
MINIMAX HKD USDT is quoted directly at the original price of MINIMAX Hong Kong stock in HKD, with price fluctuations following the trend of the main stock; But the account margin, handling fees, and final profit and loss are all calculated and settled in USDT
That is to say, when monitoring the market, you can directly look at key price points such as 200, 250, and 300 Hong Kong dollars; The account funds remain in USDT, so there is no need to mix trading plans and position management together
I used it myself, and the most obvious thing is that it's easier to place orders
Previously, for contracts quoted in USDT, if you wanted to set an entry level based on the original price of the Hong Kong stock market, you would always have to convert it first. Now plan directly based on the Hong Kong dollar price, and manage positions and profits and losses according to USDT, making the entire operation more intuitive
Compared to the standard MINIMEXUSDT perpetual:
-MINIMEXUSDT: Quoted in USDT, more suitable for purely focusing on stock price direction
-MINIMAX HKD USDT: quoted in HKD and settled in USDT, making it more convenient to enter and exit the market based on the actual price of Hong Kong stocks
In addition, with 24/7 trading and up to 20 times leverage, Hong Kong stocks can continue to manage positions even after the close of trading
MINIMAX has been falling all the way, and the market is still in a game of whether to continue to decline or face a rebound
For those who want to participate in this wave of long short trading, you can go to @ Bitget to experience MINIMAX HKD USDT, place orders at the original Hong Kong dollar price, and manage positions with USDT
Contract trading carries risks, please participate with caution
@xiejiayinBitget @GracyBitget
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