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Summary
- All traders on Morpher are also Morpher token (MPH) owners.
- MPH is an ERC20 token built on Ethereum.
- MPH is natively compatible with nearly all crypto wallets and exchanges.
- Every trade on Morpher is placed using MPH tokens.
- Gains/losses are paid out in MPH.
- MPH will always be the settlement currency, even with fiat-stable trading.
- MPH tokens are available on several crypto exchanges.
- Ability to convert MPH into other currencies varies by exchange.
- Support for more exchanges and easier buying/selling is in development.
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About Morpher
Morpher is a revolutionary, decentralized, and community-driven cryptocurrency trading platform that empowers users to harness the full potential of the cryptocurrency market.
All traders on Morpher are also owners of Morpher tokens (MPH), an ERC20 token built atop Ethereum, akin to the majority of Decentralized Finance (DeFi) projects. By adhering to the ERC20 token standard, MPH ensures seamless compatibility with nearly all crypto wallets and exchanges. Every trade executed on Morpher is facilitated using MPH tokens, with all gains and losses settled in MPH. Even as fiat-stable trading is slated for future implementation, MPH will perpetually serve as the settlement currency, owing to its unique enablement of the entire Morpher Protocol. MPH tokens are currently available for purchase and sale on several prominent crypto exchanges. The ability to convert MPH into other currencies, as well as the available currencies, will vary by exchange. Ongoing development is focused on expanding exchange support and streamlining the buying and selling process.