Discover the Morpher Trading Platform for virtual Stocks, Forex, Crypto, and how to claim your free $15 in crypto now to invest in Tesla, Apple, Oil, and any of your favorite assets.
This review provides you with everything you need to know about Morpher —the virtual futures trading platform that allows anyone, from anywhere in the world to trade Stocks, Cryptocurrencies, the Forex market 24/7, and with as little as $1.
What is Morpher
Morpher is the first of a kind Virtual Futures trading platform offering round the clock (24/7) trading of cryptocurrencies and various financial instruments with zero fees and infinite liquidity.
Meaning that you can trade any market, anytime, and in any direction; giving you advantages that aren’t possible within the regular crypto trading and traditional markets.
Morpher was founded by Martin Froehler and Denis Bykov in April 2018 and is backed by Tim Draper (American Venture Capitalist) who is the main investor through his venture capital firm Draper Associates.
The Company is based in Vienna, Austria; and operates under EU laws.
More importantly, it is working to secure official licensing from the European Financial Market Authorities prior to its launching scheduled for some time around late Q3 to early Q4 of 2020.
How Does Morpher Work?
Unlike the regular exchanges, like Binance, KuCoin, Bakkt, and other traditional stock exchanges; Morpher is not really an exchange, market maker, or brokerage firm; but an interface or platform where users place trades by interacting directly with a virtual future.
Users place trades directly with the smart contract and if you win a trade you earn more Morpher tokens, but if you lose the tokens are burned.
The Ethereum based blockchain protocol accepts and processes all orders instantly and automatically with no need for order matching.
You can open and close your trade positions instantly and automatically, without the need to find a counterparty or intermediary for that trade.
More so, your account balances in Morpher will be denominated in Morpher tokens (an Ethereum based ERC-20 cryptocurrency), thus is subject to price fluctuations based market movements.
As a result, one could still make losses even if your price predictions are correct if the price of the Morpher tokens should drop as is usual with all cryptocurrencies.
Check out the video below to see how to trade on the Morpher Trading Platform
What are Virtual Futures?
Virtual futures are synthetic instruments; built on the Ethereum blockchain that enables users to trade the various markets without limitations.
The prices of Virtual futures can be derived from stocks, currencies, commodities, indices, cryptocurrencies, ETFs, as well as other alternative investment assets.
Unlike actual futures, virtual futures do not expire, meaning they can track their underlying markets in perpetuity and that’s what makes it possible to trade stocks and the forex market in real-time, including on weekends and nights on Morpher even when the traditional markets are closed.
More so, virtual futures do not provide ownership of the underlying markets that they emulate; neither are they tradable, transferable, or standardized investment assets; nor do they represent a share, ownership, or other claims with respect to an investment undertaking of the underlying market.
Virtual futures are also not based on a contractual relationship. They are not derivatives, CFDs, securities, derivative securities, money-market instruments, or any other financial instrument under MiFID II and the Austrian Securities Supervision Act.
They are not options, futures, swap, or forward rate agreements because there is no obligation for future performance at a certain or designated future date.
When Will The Morpher Trading Platform be Launched?
The official launch of the Morpher trading platform is scheduled to be some time around June to July 2020.
However, before then users can enroll to be included in the waiting list and enjoy the airdrop of $15 worth of the Morpher token.
The Morpher Token Airdrop Campaign
Of the 1 billion Morpher Token initial total supply, 50% (500 million) is allocated for the airdrop program.
According to the team, the goal is to decentralize finance by making it easy and free for people to get their hands on crypto, thus reducing the entry barrier for many.
Initially, from early February 2020, the Morpher Airdrop program started with 2000 tokens for the first 10,000 people to successfully sign up on the platform.
The rewards are then decreased systematically as more people sign up.
The earliest members to sign up and pass KYC will enjoy greater rewards and are more likely to get earlier access to the investment app upon launch.
The first 10, 000 registered users will get 1000 Morpher tokens each; the first 30,000 registered users get 500 Morpher tokens each and the first 70, 000, 150,000 and 310,000 gets 250, 125, and 62.5 Morpher tokens respectively according to the distribution plan above.
Therefore, the earlier you sign up and complete the KYC requirements the higher the number of Morpher Tokens you’re likely to receive.
So whichever set of users you belong to, you will earn the corresponding airdrop of Morpher tokens.
If you have always wanted to invest in cryptocurrency or even in some of the big companies like Apple, Tesla, Facebook, and the hundreds of other Fortune Companies shares and stocks; you can get up to $30 in Morpher token for free to get started with.
How Do I Join the Waitlist and Get Some Free Morpher Tokens?
Below are the simple steps you need to follow to join the waitlist and earn free Morpher Crypto Tokens:
- Visit the Morpher website (my referral link –thanks for supporting us) Sign up for early access & token airdrop of up to 2000 Morpher tokens to be airdropped into your account upon launch of the Morpher crypto trading platform.
- Complete the required basic KYC requirement successfully by uploading your driver’s license or passport.
- You can earn an extra 1000, 500, or 250 (depending on what membership category you fall) of the Morpher tokens per person you refer to the platform using your referral link. So if you refer 12 people to the platform, you’re getting an extra 12,000 Morpher tokens (if you are among the first 10,000 registered users) which you access upon the launch of the platform.
- All users must complete KYC to enjoy the airdrop, so no room for cheating or bot registrations. Also, the use of a VPN will not work and tokens will only be airdropped to approved countries.
- The token supply to be airdropped is limited to the first 10, 000, 30, 000 and 70, 000 airdrop participants; so the earlier you get in the best chance you have to get a bigger cut of the pie.
- Each Morpher token is initially valued at $0.03 based on the private pre-sale price. Ultimately, when listed on exchanges, the token value is expected to adjust to the market forces of demand and supply.
ALSO READ: 3 Ways to Earn FREE Crypto
NOTE: If you are from any of the countries below, you may be out of luck at the moment as the Company may not be able to airdrop the Morpher crypto tokens to you due to regulatory requirements: “United States, Afghanistan, American Samoa, The Bahamas, Botswana, Democratic People’s Republic of Korea, Ethiopia, Ghana, Guam, Iran, Iraq, Libya, Nigeria, Pakistan, Panama, Puerto Rico, Samoa, Saudi Arabia, Sri Lanka, Syria, Trinidad and Tobago, Tunisia, US Virgin Islands, Yemen.”
However, you can still register and trade directly from your Ethereum wallet using their trading App.
So, though your country may not be supported immediately, you can still access the platform using the Ethereum smart contract interface.
How is Morpher Different from Other Futures Trading Platforms?
Almost all the major exchanges have a futures trading platform where you can go short or long on any cryptocurrency that’s available to be traded; do we really need just another futures trading platform –NO! The Morpher crypto trading platform offers much more than that. Here’re a few highlights of Morpher’s key differentiators
- Aside from Cryptocurrency, you can trade other financial instruments such as stocks and Company shares.
- You are the custodian of your own funds; Morpher does not safeguard or hold any private cryptographic keys to your funds, including wallets that hold Morpher Crypto Tokens. You retain full control over your private keys even as you interact with the Morpher blockchain protocols.
- Traditional markets have closing times and are off during weekends but not Morpher. Trade your favorite instruments round the clock every single all year. No breaks, no holidays, now weekends.
- Morpher enables you to invest from as little as $1 in any stock or Company shares to as much as you can afford. No minimum requirements, so everyone can participate based on their abilities.
- Go short or long on any of the products available for trading with infinite liquidity and zero fees. The exchange does not charge users any fees to trade or use the platform. More so, your trades do not incur slippage or fees from market movements.
Why not hear directly from the Morpher CEO himself as he explains the full features of the Morpher Trading Platform in this 47 minutes video.
Summary of Morpher Trading Review
Morpher rebuilt the financial markets from the ground up on the Ethereum Blockchain.
The result is that there are no counterparties or middlemen, traders can access their favorite markets just by interfacing your Ethereum wallet with the exchange and trading directly with a smart contract; thus bypassing the geographical barriers and limitations imposed by legal requirements.
More importantly, the smart contract is not betting against the trader either. Some of the immediate benefits are the ability to invest any amount in any market; you don’t need to worry about the price of a share of stock or 1 ounce of gold.
Trade both cryptocurrency and traditional stock markets 24/7, all year long without closing hours, weekend breaks, or holidays. Go long or short on any instrument and make money in all market conditions.
More so, the democratization of trading and investing – bringing global stocks, commodities, forex to users around the world; is arguably the most important feature of the Morpher platform.
Morpher’s aim is to bring high-quality trading and investing, accessible to users all around the world, especially to countries where assets like US stocks have historically been hard to access.
Bringing a paradigm shift in how markets work and creating new markets that just aren’t possible in traditional finance.
What do you think about the new kid on the block Morpher Trading Platform for virtual futures? Share your thoughts with us in the comments section below.