Is the tea spot trading platform legal?
The tea spot trading platform is legal. The tea spot trading platform is legally registered under the supervision of the relevant state departments, and its trading behavior conforms to national laws, regulations and relevant provisions, so the trading behavior is legal. Spot trading platform refers to the place where transactions are conducted on the Internet through electronic matchmaking. The main feature of the spot trading platform is physical delivery, that is, both parties to the transaction transfer and pay assets immediately, rather than delaying delivery by contract. This kind of transaction involves the buyer and seller buying or selling physical goods or assets immediately, rather than making forward delivery through futures or options contracts. Spot trading platforms usually have independent warehousing systems and logistics systems to ensure the delivery and storage of physical assets.