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The difference between bills, silver and futures
Silver is an unstable asset. Want to invest in silver, in addition to buying physical silver, there are two main channels for domestic investment in silver: paper silver and silver futures. What's the difference between them?

What is the difference between paper and silver futures?

1 Paper silver is spot and book-entry transaction, which does not involve the transfer of physical gold; Silver futures belong to futures, with a clear delivery date and the last trading day, which can be delivered by qualified investors.

Domestic paper and silver have no trading leverage, and investors need to pay equivalent funds to open positions, but RMB paper and silver can be traded by grams; Silver futures is a kind of investment with trading leverage, and investors only need to pay part of the margin to open positions.

Investors who want to speculate in paper and silver usually open accounts in banks, invest in silver futures and open accounts in futures companies.

The above is the difference between paper and silver futures, and I hope it will help everyone.