Morpher Airdrop Review: Trade 24/7 Stocks, Crypto, and Forex

About Morpher Airdrop

Morpher Airdrop is a zero fee trading platform where you can trade stocks, crypto, commodities and forex 24/7. The project is backed by Tim Draper’s venture capital fund. Their native token MPH is already tradable on Uniswap and listed on Coinmarketcap & Coingecko. Find out more about MPH tokenomics from here. Simply sign up to their platform, connect a wallet and complete your KYC to fund your trading account with 100 MPH for free. You can also earn an additional 50 MPH for each referral.

Step-by-Step Guide:

1. Visit the Morpher airdrop page.
2. Click on “Claim your free crypto”.
3. Create a Fortmatic wallet or connect a wallet using Metamask.
4. Submit your email address and confirm it.
5. Complete KYC using your computer or mobile phone.
6. Claim your 100 MPH by clicking on “Redeem Tokens” from within the Morpher dashboard.
7. For Metamask users: Don’t be confused when Metamask asks you for contract interaction. You can set 1 GWEI as gas price, because it’s a contract interaction on the Morpher sidechain which is covered by the virtual ETH balance.
8. You can use your free 100 MPH to invest in your favorite assets like Amazon, Bitcoin, or Gold.
9. You can also invite your friends and earn an additional 50 MPH for each referral.
10. Make a deposit using PayPal until March 31st to get an extra 20% MPH bonus.
11. For more information about the airdrop, visit this official

Problem

With an average annual revenue of USD 500 billion and an estimated USD 558 trillion in stocks, forex, and derivatives contracts, the trading and investing industry is the biggest industry in the world. Despite its size and importance, trading remains burdensome, costly, and unfair.

Morpher Airdrop industry consists primarily of middlemen like banks, brokers, and index funds, who charge obscene fees for bad service. Despite paying high commissions, retail traders do not have access to important markets like real estate or commodities, can only trade during regular exchange hours, and have a hard time shorting the markets.

Many traders from developing countries do not have access the world’s financial markets at all. While institutional investors usually enjoy universal access, they often face limited liquidity resulting in high transaction costs from slippage and market impact.

Solution

Morpher replaces middlemen like brokers, exchanges, and the counterparty of a trade with an incorruptible protocol on the Ethereum blockchain.

Morpher introduces an ERC20 Token (MPH) on the Ethereum blockchain that can be staked on the price development of a market, e.g. the Apple stock. If the market develops as predicted, the protocol mints new token proportionally and adds them to the user’s stake. If a prediction is incorrect, staked token are burned proportionally

The protocol replicates the economics of trading any market on the blockchain, without actually trading the underlying stock, commodity, or currency.

How It Works

Users interact with the protocol by staking MPH Token on the price development of a market. Every stake is recorded on the blockchain and called a Virtual Future.

Staked MPH Token get burned when a Virtual Future is created. Upon closing a Virtual Future, MPH Token are minted proportionally to the current value of the Virtual Future, and the Virtual Future is deleted from the blockchain.

1. 100 MPH staked to buy Apple stock.
2. Apple’s stock price moves up 10%.
3. Close the stake and get 110 MPH

Virtual Futures replicate the economics of trading the Apple stock without trading the underlying. Unlike regular Futures, Virtual Futures do not expire and track the price development of the underlying until the Virtual Future is either closed by the user or gets liquidated.

Virtual Futures are always denominated and settled in MPH Token. Just like with regular trading, a user benefits from rising market prices by buying (going long) with their Virtual Future. The reverse is true for falling prices, users that created sell (short) positions benefit.

Best Investment App for Active Traders

Morpher Airdrop Amazing features for pros and ease of use for everyone. Experience trading with zero fees and infinite liquidity.

Buy Stocks on Weekends

Trade beyond pre-market and intraday. Act on breaking news over the weekend. Sell to save your gains, or buy a breakout stock before markets open.

Short Any Market

Profit in falling markets with short selling. Protect your portfolio the same way hedge funds do. With Morpher you pay zero interest fees on your shorts.

Invest with $1

Stop worrying about the price of Amazon stock or one ounce of gold. Invest the exact amount you want with fractional shares.³

Unlike Any Trading Brokerage

Morpher Airdrop rebuilt financial markets from the ground up on the Ethereum Blockchain. All in the pursuit of the perfect trading experience.

Zero Fees

Perfectly Liquid Markets

No Counterparties

Verifiable & Transparent Execution

Secured with Blockchain Technology

Features

1. There are no trading fees.
2. There is no minimum capital requirement.
3. Every market can be shorted.
4. The Protocol can turn any data feed into a market. Morpher can create entirely new markets like real estate, the cannabis spot price, or corporate fundamentals.
5. All markets can be traded 24/7, whether exchanges are open or not.
6. Traders enjoy infinite liquidity on all markets, since any amount can be staked on a market without affecting the underlying price. Morpher does not depend on a liquid underlying market.
7. The Protocol can support any leverage.
8. Fractional trading, stake any amount of token for the perfect portfolio.
9. The key feature of the Protocol is the lack of a counterparty. The Morpher Protocol eliminates the need for intermediaries along with the need for a trade counterparty.