Morpher —a trading platform and market protocol, built on the Ethereum blockchain. Developers are virtualizing investments by rebuilding financial markets from scratch. This allows you to trade a wide universe of assets 24/7, with infinite liquidity and zero fees.
Contents:
About the Morpher project
Morpher is the first platform that does not require counterparties, intermediaries or any custodians to facilitate trading. More importantly, the mission of the project is to democratize investment by making it available to everyone at zero cost.
Functions:
- 24/7 trading in all markets. You can place long / short trades even if the underlying market is closed.
- Infinite liquidity. You can trade any market at any time, regardless of whether there is someone willing to take the other side.
- No slippage. Perfect trade execution, high volatility does not affect your trading price.
- Fractional trade. Just select the amount you want to place on each trade, regardless of the asset price.
- Leverage. Trade with up to 10x leverage.
No custody fees, no trade fees, no commissions and no activity fees. The market standard spread includes transaction costs. There are not even Ethereum gas fees, using our app and sidechain. In addition, there is no minimum capital requirement to start trading.
Project tokens
Morpher is built on the Ethereum blockchain and Morpher Tokens is an Ethereum-based cryptocurrency (ERC20 token). This means that the tokens are compatible with most crypto wallets and can be listed on all major exchanges.
All transactions are settled in Morpher tokens instead of USD or Bitcoin. Morphеr currency bets through smart contracts on any asset, supported by the platform. As the main asset acquires market value, the smart contract mints new coins to the investor, and if the base value decreases, then the stake coins are destroyed proportionally. Thus, Morpher tokens are naturally a solvent currency.
Beginning of work
Trading on Morpher is unlike anything you've ever experienced before. Morpher differs from other brokers and trading platforms in that you have more freedom to trade.
| Firstly | The first thing you need to do - determine which market you want to trade. On the left sidebar, under the markets, you can see the different categories of markets that are available: stocks, cryptocurrencies, commodities, foreign exchange and indices. |
| Secondly | Once you have entered the marketplace, you will see the marketplace page. Here you can see the price history of the market for different time periods. You can click through different time periods to see how this market works. |
| Thirdly | Once you've placed a trade, navigate to your portfolio by clicking the button below the invoice in the left sidebar. You should see your position in the market, listed in the table below the portfolio history chart. |
With Morphеr, you have control over your funds with a crypto wallet. In many ways, Morphеr trading is safer and more transparent than traditional brokers. No order flow manipulation and slippage. You can interact with the protocol directly by simply using live and accurate pricing data. The developers have created guarantees in place so that even if Morphеr goes down or disappears, the protocol will remain fully functional so you can restore your trades.
Additional information
The site has White Paper and RoadMap. The developers also provide a section with answers to questions and a step-by-step guide. If you want to stay up to date with all innovations, subscribe to the community on such social networks: twitter and telegram. The smart contract doesn't have an audit.