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What does sneaker futures mean?
To tell the truth, there are many kinds of domestic futures, hundreds of them back and forth, but do you know there is a new one recently? It's called sneaker futures. What kind of hype is this?

What does sneaker futures mean?

Footwear futures are futures based on our sports shoes. There are both the operation mode of formal futures and the platform to charge fees. But the most important point is that this sneaker futures is irregular and illegal. Among them, sellers often take the ownership of shoes to the futures exchange to sell, while buyers just buy a virtual ownership, and there is no supervision to supervise the transaction execution.

There are generally two kinds of sneaker futures: one is sneakers that have not yet been listed. Due to the influence of exchange rate and tax rate, the price of most foreign sneakers will be lower than that of domestic ones, so many "investors" will control them in advance and evaluate the price of the upcoming sneakers for resale in the future. The other kind refers to shoes that can't be traded for a while and need some time to get. These two kinds of shoes constitute the whole system of sports shoes futures.

Generally speaking, there is still a big difference between sneaker futures and conventional futures. The risk of the former comes not only from platform running and liquidity risk, but also from a typical hat trick, in which participants are constantly looking for profits at home. Therefore, this background makes it very likely that investors who speculate on sneaker futures will draw water with a sieve and have no principal.