1, the transaction method is different: spot transaction is in kind, and both buyers and sellers feel that the price is appropriate; Futures trading is a contract, not a physical object. Futures trading is the right to buy or sell a commodity in the future.

2. trading places is different: the futures trading market is flexible, not affected by the trading time and place, and can choose any place to trade; Futures can only be traded in futures exchanges, and futures trading must be conducted in an open and centralized manner according to law.

3. Different guarantee methods: spot transactions are protected by contract law, but the futures market implements the margin system. If you don't exercise your rights according to the contract at maturity, you will lose the deposit.