The derivatives exchange Bitget issued an official announcement that in order to meet the needs of more trading users and improve user experience, Bitget will officially launch USDT Unified Account and Quanto Swap Contract at the end of March. Several days ago, Bitget launched a new feature voting and set up a $100,000 prize pool to invite users to participate. Bitget will invite global users to experience the beta version of USDT Unified Account and Quanto Swap Contract
Bitget will divide the contract products into four major sectors after the new feature is launched: USDT Margined contract/
” href=”https://www.newsbtc.com/dictionary/coin/” data-wpel-link=”internal”>Coin Margined Contract/USDT Unified Account/Quanto Swap Contract. The USDT Margined Contract uses stable currency USDT as the margin; The Bitget can support up to 20 currencies such as BTC, ETH, UNI, AAVE, etc. This means that users can open contracts of multiple trading pairs in the same account when using USDT as the margin, and realize the multi-currency hedging in one account.
Quanto Swap contract supports one or more currencies as a margin to trade other coins. The highlight is that it has changed the traditional trading method that
It is not difficult to tell that, compared with traditional
It is reported that the Bitget Quanto Swap Contract will be launched at the end of March, and the global public beta will be launched. Bitget will support the three mainstream currencies of BTC, ETH, and EOS. Bitget CEO Sandra said, “USDT Unified Account and Quanto Swap Contract are a sincere work launched by Bitget for global users this year. After it is launched at the end of March, welcome to experience them and give us suggestions. Quanto Swap Contract will add more coins based on user feedback”
Source: NewsBTC.com
Crypto Investing Risk Warning
Crypto assets are highly volatile. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest.
This is a high-risk investment, and you should not expect to be protected if something goes wrong.
Breaking crypto news about Bitcoin, Ethereum, Blockchain, NFTs, DeFi and Altcoins.
Get instant notifications 24/7 as soon as a new article is published.