I saw a joke and it said, there are many girls on WeChat doing crude oil and asphalt. What does that mean?

First of all, most of the spot crude oil platforms are informal platforms. They are all small local exchanges. There is no supervision and the funds are very unsafe. There are also many news reports about incidents on the spot platform. Many platforms have misplaced customer funds. They ran away with their money.

Secondly, most spot crude oil has extremely high handling fees. It usually takes about 7 to 8 points to get back the money. The cost of doing transactions is quite high, and most of them are paid by people. Agents work, and agents earn a lot of your commission income.

Again, the current formal investments in China are mainly stocks and futures. Among them, commodity futures also include silver and gold, as well as other agricultural products and chemicals. When trading other products, the trading rules are the same as spot trading. The transaction cost of futures is very low, and you can usually get your money back in about 1 point. Both futures and stocks are supervised by the China Securities Regulatory Commission, and they are absolutely formal, legal and safe.