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Why Is Delivery Risk Generally Lower in Traditional Commodity Futures than in Crypto Futures?

Traditional commodity futures have lower delivery risk because the delivery process is highly standardized, regulated, and often involves established warehouse receipt systems and regulated clearing members with deep liquidity. In contrast, crypto delivery involves complex, irreversible blockchain transfers and the underlying asset's custody is often a significant security and regulatory challenge for the exchange.

What Are the Legal and Technical Challenges of Applying the FATF Travel Rule to Peer-to-Peer Stablecoin Transfers?
How Does the Lack of a Standardized Delivery Mechanism Affect Physical Settlement of Various Altcoins?
What Are the Operational Challenges of Cross-Margining across Different Crypto Exchanges?
How Does the Custody Requirement for a Spot Bitcoin ETF Differ from a Futures ETF?