The Morpher token is owned by all traders on Morpher. The MPH token is built on top of the ether. The MPH is compatible with almost all of thecryptocurrencies. All gains/losses are paid out in MPH when a trade is placed on Morpher. MPH will always be the settlement currency even with stable trading in a future release. The entire Morpher Protocol can be enabled by MPH. You can buy and sell MPH token on several exchanges. A user's ability to convert MPH into other currencies and vice versa, as well as the currencies available, will vary by exchange.
