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Is the spot legal?

Legal. It is allowed by the state, but there are many irregular spot trading platforms, which use the guise of "speculating in spot" and "spot investment" to engage in fraud and false transactions, causing huge losses to investors. Therefore, when investing in spot, you must first choose a formal spot trading platform. Spot trading varieties mainly include precious metal spot, agricultural product spot and bulk commodity spot. Spot is the symmetry of futures. Spot goods, also known as physical goods, refer to physical goods available for shipping, storage and manufacturing. A general term for goods that are available for delivery and can be converted into cash on a near-term or forward basis, or delivered in advance, and the buyer pays within a very short period of time. Article 3 of the "Special Provisions on Commodity Spot Market Transactions" The term "commodity spot market" as mentioned in these regulations refers to a commodity spot market established in accordance with the law and conducted by buyers and sellers on an open, regular or regular basis, with information, logistics and other supporting facilities. Service function place or Internet trading platform. The commodity spot market operators (hereinafter referred to as market operators) as mentioned in these regulations refer to legal persons and other entities that establish commodity spot markets in accordance with the law, formulate market-related business rules and regulations, and provide venues and related supporting services for commodity spot trading activities. Economic organizations and individuals. Article 4 When engaging in commodity spot market trading activities, the principles of openness, fairness, impartiality and good faith shall be followed.