This exchange is actually a pyramid scheme under the guise of blockchain. Investment risks and benefits exist, so investment needs to be cautious. There are 9 national exchanges, 4 securities, 4 futures and precious metals 1. They are all approved by the State Council, so you can trade with confidence, because if something goes wrong, the state will take care of it. Others are informal platforms, not gambling with customers, black platforms or a simulated trading system. Your money never entered the trading platform. Don't touch other trading products and platforms except these platforms.
The platform for trading crude oil and spot crude oil needs the approval of the Ministry of Commerce, but the Ministry of Commerce has never approved any trading platform for trading crude oil and refined oil. According to the information released by the CSRC, there are only four futures exchanges in China, namely Shanghai Futures Exchange, Zhengzhou Futures Exchange, Dalian Futures Exchange and China Financial Futures Exchange. The main business of these exchanges does not include "crude oil".