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What’s the Difference Between Simple Swap and Limit Orders in Mixin Messenger?

Mixin Messenger has supported Limit Orders since version 3.7.0, allowing users to place orders at a specified price for any supported asset and any amount.

In Mixin Messenger, there are two main trading modes: Simple Swap and Advanced (Limit Order).

They differ significantly in execution method, use cases, and trading logic, making them suitable for different types of users and trading needs.

Feature Comparison

Simple Swap

Limit Order

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Execution	Executed immediately	Executed only when the market price reaches the specified price
Speed	✅ Completed within seconds	⏳ Not guaranteed to execute; may take a long time or never execute
Price	Market price, affected by liquidity	✅ Executed at the specified price
Supported Assets	Major assets	✅ All supported assets
Ease of Use	✅ Very easy, one-tap swap	Requires understanding price, direction, and market movement
Best For	Quick swaps / no price watching / small amounts	Buy the dip / take profit / precise trading / large amounts

How to Choose the Right Trading Mode?

Recommended scenarios for Simple Swap:

• You want the trade to complete immediately

• You don’t want to wait or monitor the market

• The trade amount is small and slippage is acceptable

• You are a beginner and prefer a simple experience

Recommended scenarios for Limit Orders:

• You want to buy or sell at a specific price

• You are not in a hurry and can wait for the right price

• The trade amount is large and price control matters

• You have a clear trading strategy (e.g. buying the dip or taking profit)

Limit orders are not guaranteed to execute.The system will only match the order when the market price reaches your specified price.

Common Misunderstandings

Are limit orders always better than simple swaps?

Not necessarily.

Limit orders give you price control but carry the risk of not being executed.

Simple swaps execute at market price, offering higher certainty and speed.

Can I cancel a limit order after placing it?

Yes.

Before execution, the order amount will be transferred to the order bot and held for matching.

Once the order is canceled, the assets will be automatically returned to your wallet.

If the order amount is very small, network fees may be deducted, which could result in no assets being returned.