First look at the platform qualification. A key criterion for investors to distinguish between genuine and fake platforms is the approval of the relevant government or the State Council. The domestic Shanghai Gold Exchange was established with the approval of the State Council, and its authority is beyond doubt. Jiangsu Dayuan Yintai Precious Metals Trading Market was put on record by the State Council Inter-ministerial Joint Meeting and officially approved by Jiangsu Provincial People's Government. With strong strength and background, investors can also choose.

Second, there are no restrictions on deposit and withdrawal methods. According to the settlement time of China Merchants Bank, ICBC, Agricultural Bank and other banks, customers can deposit and withdraw money freely during the deposit and withdrawal period, and it is within a few minutes or even seconds. There is no limit to deposit and withdrawal, and there is no delay. There will be no situation in which gold cannot be withdrawn from the formal platform. However, some platforms will access funds through Alipay and UnionPay. This kind of semi-custody can easily be misunderstood as bank tripartite custody, but it is likely to be used by some illegal platforms, and eventually the funds will be transferred to the company account of the illegal platform, and the transaction security of investors cannot be guaranteed.

Third, see if the funds are safe. The most important guarantee for the safety of funds is the tripartite custody of banks. Regular spot silver exchanges implement tripartite custody of funds, with banks as the third party to guarantee investors' funds, and all customers' funds are supervised by contracted banks, and investors can check their own funds through bank accounts. The involvement of third-party banks can ensure the safety of customers' funds.

Fourth, see if the trading software is credible. For trading system software, investors can log on to official website to download it. Generally, formal platforms have simulation disks, which are convenient for investors to conduct simulation operations. Investors can also make a better comparison to see if there is any illegal situation of maliciously manipulating prices and controlling customers' deposits and withdrawals in their trading software. Standardized trading software should be certified by the national information system security level protection, open and transparent, and customers can operate transparently without being affected by external forces. At the same time, the trading system is a closed system, and no unauthorized third-party system is allowed to access it.

Fifth, see if customers operate independently. In spot silver investment, employees should not exceed their authority. Regular exchanges and brokerage companies will strictly prohibit trading operations for customers and maintain their independence.