Bitget said on Aug. 12 it had launched CSOPSK2LHKD and CSOPSS2LHKD, two USDT-settled TradFi quanto perpetual contracts linked to leveraged Hong Kong-listed products tied to SK Hynix and Samsung Electronics. The contracts offer up to 20x leverage, trade 24/7 and are quoted in local currencies such as HKD while using USDT for margin and profit-and-loss settlement, allowing users to trade non-dollar overseas stocks without exchanging foreign currency and reducing added FX risk. Bitget had previously said funding is settled every eight hours.