Bitget Launches TradFi Quanto Perpetual Futures for Select Non-US Stocks

Bitget has made a significant move in the cryptocurrency derivatives market by launching the first TradFi Quanto Perpetual Futures. This new product allows traders to use $USDT as collateral to trade select non-U.S. stocks, bringing traditional finance principles into the world of cryptocurrencies.

The launch of this product is expected to provide more flexibility and opportunities for traders, as they can now access a wider range of assets without having to hold physical positions in those assets.

TradFi Quanto Perpetual Futures are designed to be settled in USDT, allowing traders to avoid the complexities and risks associated with traditional margin trading. This innovative product is expected to attract both institutional and retail traders looking for new ways to participate in the cryptocurrency market.