You don't have to make physical delivery. Futures are selling contracts, and you can choose to hedge your position.

3. Liquidity is better than spot, so don't worry about not being able to buy or sell.

4. No one needs to be present, just give trading instructions, and the transaction is convenient, simple and timely. Trading instruction information is sent online at the speed of light, so don't worry about missing profit time.

5; Don't worry about the quality and quantity of goods. Customer reputation, this is stipulated by the exchange and guaranteed by the exchange.

6; You can sell forward contracts, hedge spot risks and avoid risks caused by price fluctuations.

7. Futures are freer than the spot market. There are futures markets all over the world, and it is possible to arbitrage across markets. Spot is obviously more troublesome.

8. For investors, futures market information is relatively open and transactions are transparent. Because any transaction is conducted through the exchange, the exchange can accurately count it for investors' reference, and spot trading is obviously impossible.

9; Futures trading can be short, and the number of transactions is unlimited. Although spot is ok, it is much more troublesome than futures.

Futures disadvantage:

1: The risk of futures price fluctuation is greater than the risk of spot price fluctuation, because it is margin trading, which amplifies the funds and risks.

2. There may be a greater loss than the investment deposit. If the margin is not enough and it is not replenished in time, it will be forced to close the position. No matter how the spot price fluctuates, you can't have a bigger loss than the spot purchase price. Spot losses are fixed, and bullish profits are theoretically infinite.

3. The actual relationship between supply and demand has an impact on the spot price, and artificial speculation has little impact on the price, but futures are affected by artificial speculation and actual supply and demand. Because futures are more liquid, especially in a short period of time, the spot price of futures tends to converge for a long time, so it is more uncertain to judge the futures trend, and the spot uncertainty is smaller than futures.

I have thought so much for the time being, and it should cover all aspects. I hope it works for you.