Comparison of Orca vs Morpher [ 2024 ]

The best cryptocurrency exchanges compared by their commissions, products offered, security and much more. Here is the Orca vs Morpher comparison!

Your expert: Alejandro Borja

orca

Orca

Your expert: Xavier Tarrasó

morpher

Morpher

Main points

Fees

<0,10%
NFTs
No

Native token

Token ORCA
0%

Fees

No
NFTs
Token MPH
Native token

Recommended for

Beginners

Yes

Trading

Yes

Passive income

Yes

Buy and hold

Yes
Yes

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.6 – Low transaction fees on the Solana blockchain, making it very cost-effective.
4.1 – No trading commissions, but users should be aware of synthetic asset pricing mechanisms and potential hidden costs.

Level

<0,10%
0%

Brief explanation

Orca operates on the Solana blockchain, allowing it to offer exceptionally low trading fees. Typically, each transaction on Orca incurs a fee of approximately $0.00001, thanks to Solana’s efficient and cost-effective network. This is significantly lower than the fees seen on many Ethereum-based exchanges. Orca’s fee structure is transparent and straightforward, with no hidden charges, ensuring that users understand exactly what they are paying. Additionally, users can provide liquidity to Orca’s pools, earning a portion of the trading fees as rewards, further enhancing the appeal of this decentralized exchange.
Morpher offers a unique and appealing commission structure, primarily highlighted by its zero trading fees. Unlike traditional exchanges that charge various fees per transaction, Morpher eliminates these costs entirely, making it highly attractive for active traders looking to maximize their profits. This zero-fee model is possible because Morpher leverages smart contracts on the Ethereum blockchain to facilitate trades, removing the need for intermediaries and their associated costs.

However, users should be aware of deposit and withdrawal fees imposed by payment processors and blockchain networks. For instance, fiat deposits through services like PayPal and Advcash incur fees ranging from 3% to 5%. Crypto deposits on the Polygon, BNB Smart Chain, and Ethereum networks are generally free, but withdrawing funds involves gas fees. Specifically, Polygon withdrawals incur a flat fee of 100 MPH, while Ethereum withdrawals depend on the network’s gas fees at the time​​.

Orca

Morpher

Comparison sponsored by the best exchange

eToro

eToro Special Offer*

Earn up to 4.90% APY on uninvested cash with eToro USA.

Account Minimum

Get started with just $100.

And 1% fee on all cryptocurrency trades.

etoro logotipo

Direct link to the website

Product selection

Native token

Yes, the native token is ORCA.
Yes, the native token is MPH.

Earns

Yes, Orca provides EARN opportunities through yield farming, staking ORCA tokens, and participating in double-dip pools for dual rewards.
Yes, Morpher offers EARN opportunities by staking MPH tokens and participating in their synthetic asset trading rewards program.

NFT marketplace

No, Orca does not have an NFT marketplace.
No, Morpher does not have an NFT marketplace.

Cripto/debit card

No, Orca does not offer a debit card.
No, Morpher does not offer a debit card.

Company information

Full name

Orca
Morpher

Regulation

No, Orca is not regulated by any specific financial regulatory authority.
No, Morpher is not regulated by any specific financial regulatory authority.

Year founded

2021
2020

Founder

Grace “Ori” Kwan and Yutaro “Rawfal” Mori
Martin Froehler and Denis Bystruev

Payment methods

Transfers

Deposits: Cryptocurrency transfers; Withdrawals: Cryptocurrency transfers.
Deposits: Credit card, wire transfer, cryptocurrency transfers; Withdrawals: Cryptocurrency transfers.

Mastercard

No, Orca does not support direct deposits via Mastercard. It only allows transactions through wallet connections.
Yes, Morpher supports deposits via Mastercard directly through its platform.

Wire transfer

No, Orca does not support direct deposits via wire transfer. It only allows transactions through wallet connections.
Yes, Morpher supports deposits via wire transfer directly through its platform.

Card

No, Orca does not support direct deposits via credit card. It only allows transactions through wallet connections.
Yes, Morpher supports deposits via credit card directly through its platform.

Comparative table

Orca FEATURES Morpher
Orca allows users to trade with relatively low minimums, suitable for beginners wanting to start with smaller amounts.
Minimum Trade
Morpher allows fractional trading, enabling users to start with minimal investment. This feature makes it accessible for beginners looking to enter the market with small amounts.
Orca offers competitive low fees on transactions, leveraging Solana’s low-cost structure to benefit users.
Trading and Transaction Fees
Morpher boasts zero trading fees, which is a significant advantage over many other exchanges. This fee structure allows traders to maximize their profits without worrying about additional costs eating into their returns.
Limited primarily to SPL tokens, Orca’s selection is growing but still less extensive compared to multi-chain DEXs.
Number of Cryptocurrencies
The platform supports a wide range of cryptocurrencies, providing ample opportunities for diversification. However, it is not as extensive as some of the leading exchanges that offer hundreds of options.
Offers a solid range of trading pairs within the Solana ecosystem, though limited outside of it.
Crypto-to-Crypto Trading Pairs
While Morpher offers a variety of trading pairs, the selection is more limited compared to some larger exchanges that provide extensive pairing options between various cryptocurrencies.
High transparency with clear information on trading mechanics and fee structures directly on their website.
Website Transparency
Morpher’s website is user-friendly and provides clear information about its services and fee structures. However, more detailed disclosures about its operational processes could enhance transparency.
Currently operates solely on the Solana network, which may be restrictive for users seeking multi-chain options.
Credit/Debit Card
Morpher currently does not support direct credit/debit card deposits, which can be a limitation for users looking for quick and straightforward funding options.
As a non-custodial DEX, Orca does not offer storage; users maintain control of their private keys.
Storage Offering
Morpher integrates with secure wallets and employs smart contract technology for trading, ensuring a high level of security for users’ funds. However, it does not offer its own proprietary wallet services.
Provides opportunities for staking and earning rewards, enhancing the profitability for liquidity providers.
Staking and Rewards
The platform does not currently offer staking or rewards programs, which could be a disadvantage for users looking to earn passive income through their holdings.
The website is user-friendly, well-designed, and easy to navigate, making trading straightforward for all users.
Mobile App and Desktop
Morpher offers a robust mobile app and desktop platform that are both intuitive and feature-rich, providing a seamless trading experience across devices.
Customer support is available, but as a decentralized platform, it may not be as robust as services offered by centralized exchanges.
Customer Service
Morpher provides responsive customer service and a comprehensive help center, but lacks 24/7 support, which can be a drawback for users in different time zones.
Instant and direct from user wallets, Orca facilitates seamless deposits and withdrawals without holding user funds.
Deposit and Withdraw
While Morpher supports various deposit and withdrawal methods, including cryptocurrency transfers, the lack of credit/debit card options and potential delays during high network congestion can be seen as limitations.

Key features

Analysis tools

Basic trading charts, price tracking, liquidity pool analytics, and transaction history.
Advanced trading charts, synthetic asset analytics, price prediction tools, and historical trade data.

Mobile APP

No, Orca does not have a dedicated mobile app, but it can be accessed via mobile browsers.
Yes, Morpher has a mobile app available for both iOS and Android.

Security

Orca operates on the Solana blockchain, known for its high security and low transaction costs. The platform has undergone security audits and emphasizes transparency and community trust.
Morpher’s security is built around its unique trading model and blockchain infrastructure. The platform uses audited smart contracts and secure wallets to protect user funds, with a focus on transparency and safety in virtual trading.

Additional features

Orca features an innovative Fair Price Indicator to ensure users get the best rates, a user-friendly token swap interface, and double-dip pools where users can earn rewards in two tokens simultaneously.
Morpher offers synthetic asset trading, allowing users to trade real-world assets like stocks and commodities as well as cryptocurrencies. It also has a unique staking mechanism and reward system using the MPH token.

Anonymity

Yes, Orca allows users to trade anonymously by connecting their wallets, without requiring personal information.
No, Morpher requires users to create an account with personal identification, thus not allowing anonymous account creation.

Key points

Available cryptocurrencies

Solana (SOL), Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Tether (USDT), and various SPL tokens on the Solana network.
Ethereum (ETH), Bitcoin (BTC), Morpher (MPH), and synthetic assets representing various real-world and crypto assets.

User-friendliness

Orca stands out for its simplicity and ease of use, making it a great choice for beginners. The platform’s intuitive interface and focus on user experience make trading straightforward and accessible, although its feature set is less comprehensive compared to more advanced platforms.
Morpher provides a unique trading experience with its virtual trading pairs, which might be novel but slightly confusing for newcomers. The platform is user-friendly and designed to be accessible, but understanding its virtual trading concept might take some time for new users.

Value for money

Orca offers excellent value for money with its low transaction fees on the Solana blockchain, ensuring fast and inexpensive trades. The platform’s emphasis on simplicity and cost-efficiency makes it highly attractive to budget-conscious users.
Morpher provides unique value with its commission-free trading and the ability to trade any asset at any time, thanks to its virtual trading pairs. While the concept might be new to some, its zero-fee structure offers significant cost savings for frequent traders.

Countries of operation

Available globally, focusing on regions supporting Solana.
Available globally, no specific country restrictions.

Best for

Designed for beginners and intermediate traders who prioritize ease of use and low fees. Its straightforward interface and quick transaction times make it a great choice for those new to DeFi and the Solana ecosystem.
Best for traders who prefer commission-free trading and are interested in trading virtual pairs. Its innovative model appeals to those looking for a unique and flexible trading experience without the usual transaction costs.

Account

Trading

Orca is a user-friendly DEX on the Solana blockchain, offering low transaction fees and fast trade execution. It provides a simple interface suitable for beginners and experienced traders alike. However, its trading pair selection is currently limited compared to more established DEXes.
Morpher provides trading on its own blockchain, allowing for the trading of synthetic assets, including stocks and commodities. It offers unique trading options but lacks the direct token swaps found on traditional DEXes, making it more suitable for traders looking for diverse asset exposure rather than pure crypto trading.

Deposit and withdrawal

Orca, operating on the Solana blockchain, benefits from Solana’s low transaction fees and fast processing times. Users can connect Solana-compatible wallets such as Phantom for seamless deposits and withdrawals. This makes trading on Orca cost-effective and quick, though the selection of supported wallets is less diverse compared to Ethereum-based DEXes.
Morpher uses its own blockchain for trading, which involves depositing funds into the platform to trade synthetic assets. Users need to connect a compatible wallet for deposits and withdrawals. The platform’s unique structure offers diverse trading options but requires users to handle blockchain-specific fees and wallet management, which might be complex for beginners.

Account opening process

Orca on the Solana blockchain requires users to connect Solana-compatible wallets like Phantom to begin trading. The account setup is instantaneous, with no registration required, making it highly accessible. The platform’s simplicity and low transaction fees are appealing, though users must manage their wallet security.
Morpher uses its own blockchain for trading synthetic assets. Users must connect a compatible wallet to deposit funds and start trading. The account setup is straightforward and quick, but the unique blockchain structure may require users to familiarize themselves with specific wallet management practices and transaction fees.

KYC required?

No, KYC is not mandatory for using the platform.
Yes, KYC is mandatory for using the platform.

Customer Service

Orca, operating on the Solana blockchain, offers support through its official documentation, FAQs, and community channels like Discord and Twitter. While these resources are useful for troubleshooting, users who prefer direct support may find the lack of dedicated customer service challenging.
Morpher offers support through its help center, which includes detailed guides, FAQs, and troubleshooting resources. Users can also engage with the community via social media channels. While these resources are useful, the absence of direct customer service might be challenging for users needing immediate and personalized assistance.

Security

Orca operates on the Solana blockchain, known for its high security and low transaction costs. The platform has undergone security audits and emphasizes transparency and community trust.
Morpher’s security is built around its unique trading model and blockchain infrastructure. The platform uses audited smart contracts and secure wallets to protect user funds, with a focus on transparency and safety in virtual trading.

Which of these exchanges is for you?

As an expert on our website, I highly recommend Orca for users looking to dive into decentralized trading on the Solana blockchain. Its user-friendly interface, coupled with low transaction fees and robust security measures, makes it an excellent choice for both beginners and experienced traders. However, do bear in mind its limitation to Solana-based SPL tokens, which might restrict trading options compared to other multi-chain platforms.
As an expert in crypto trading, I highly recommend Morpher for its innovative approach to trading with zero fees and infinite liquidity. It’s particularly suitable for beginners due to its fractional trading feature, which allows you to start with a minimal investment. However, be mindful of the potential delays and high gas fees during periods of network congestion on the Ethereum blockchain. Overall, Morpher’s user-friendly interface and wide range of assets make it a strong choice for new and experienced traders alike.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong, any exchange can have problems.

Neither Threenvest, nor the author, are recommending you to invest with this article.

More comparatives Orca and Morpher

Comparison of Orca vs Morpher [ 2024 ]