Bitget launches MINIMAX, TENCENT, ZHIPU, XIAOMI, Quanto perpetual contracts! Perfectly solves the long-standing exchange rate friction problem of non US dollar denominated contracts, allowing USDT to trade overseas assets such as Hong Kong stocks directly with zero friction and exchange rate risk By using the Bitget platform, the Hong Kong dollar price is equivalent to USDT at a 1:1 ratio, with no foreign exchange or exchange rate fluctuations throughout the entire process. The contract's numerical fluctuations are completely consistent with the underlying stock, but the settlement unit is USDT. According to the traditional USDT quotation for Hong Kong stock contracts, the actual price will be compounded by fluctuations in the HKD/USD exchange rate, making it impossible to track local stock prices with 100% accuracy. Quanto makes price changes completely equivalent to changes in the Hong Kong stock HKD price, with profit and loss calculated directly based on numerical differences without any foreign exchange links. Can operate purely in the direction of Hong Kong stocks, no longer subject to foreign exchange interference Simply put, you can trade Hong Kong stocks directly with USDT without worrying about changes in the Hong Kong dollar to US dollar exchange rate! Directly completed a closed loop and completely solved the exchange rate friction caused by non US dollar denominated contracts! Greatly improving trading convenience, especially suitable for crypto traders, leveraged players, and users who want to precisely hedge/speculate on Hong Kong stocks! Now, both Hong Kong and US stocks can be traded in USDT in one stop, making it more convenient!