$PIPPIN The current environment is that no one is trading spot anymore. Futures trading is just like spot trading, and occasionally you can catch high-fee rates. Who still trades spot? Spot trading has such a poor cost-performance ratio for margin. Just take a look at the recent heavily pumped knockoff projects—those are all oscillating infinitely at high levels. In the past, there were no futures contracts, and it was comfortable to unload positions. Times have changed.
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$PIPPIN The current environment is that no one is trading spot anymore. Futures trading is just like spot trading, and occasionally you can catch high-fee rates. Who still trades spot? Spot trading has such a poor cost-performance ratio for margin. Just take a look at the recent heavily pumped knockoff projects—those are all oscillating infinitely at high levels. In the past, there were no futures contracts, and it was comfortable to unload positions. Times have changed.