Spot is the basis of futures, and futures is the advanced mode of spot. The foreign financial development model is futures that are put first and then released. Because spot trading is guided by the current price of commodities and futures is guided by the medium and long-term price, the operation of futures must follow the current commodity price trend. Futures without spot are pure speculation, and spot without futures is speculation. The real commodity market is the combination of spot and futures.

A big difference between futures and spot is the margin system. General futures are 5%- 15%, and spot is mostly 20%, that is, the leverage of futures is between 1: 6.3 and 1: 20, and the leverage of spot is 1: 5.

Due to the development of China's national conditions, spot appears after futures. Spot is a new investment, which is less than 10 years. There are bound to be some problems and flaws in the middle because of being young, but it is not the so-called "non-standard". Is there anything irregular? Yes, they are all spot platforms built by some money-circling institutions, and there is no supervision. But there are also many formal and supervised trading platforms, which is beyond doubt. As you said, why are informal trading platforms doing it? People are not fools.

In addition, it should be said that although spot and futures are not separated, spot refers to the current commodity price trend, and futures refers to the medium and long-term price. Therefore, there is no need or reason for spot to "become" futures, but both can refer to the current and medium-and long-term price trends of the same product.