Binance Quanto Perpetual Futures Contract Launches Trading for Tencent and Xiaomi Hong Kong Stocks

BlockBeats News, July 22, Binance announced that its Quanto Perpetual Contracts have officially launched HK0700USDT (Tencent) and HK1810USDT (Xiaomi) Hong Kong stock trading.

Binance's Quanto Perpetual Contracts allow users to trade non-US dollar-denominated stocks using their local currency without the need for foreign exchange, reducing the trading threshold while enhancing trading convenience. Binance's TradFi products have supported 140 trading pairs, with the TradFi Perpetual Contracts seeing a weekly trading volume of nearly $1 trillion, continuously expanding users' one-stop trading experience for traditional financial assets.