How to use Swap feature on Mixin Messenger?
Starting from version 1.10.0, Mixin Messenger has added a trading feature within the built-in Mixin wallet page. Users can easily exchange one cryptocurrency for another. The current primary liquidity providers are MixPay and the MAO organization.
Update Version
Update Mixin Messenger to version 1.10.0 or above. Download or update to the latest version from the official website: https://messenger.mixin.one/download.
Access the Swap Page
Switch to the wallet page, find the Swap button, and click to enter the trading page.
Select Trading Pairs
Choose the cryptocurrency you want to pay with and the one you want to exchange for.
Note the selection of multi-chain assets. The interface provides labels like ERC-20 to indicate which chain the asset belongs to.
Enter Trade Amount
Input the amount you want to exchange. The "Max" button in the top-right corner allows you to exchange all of your balance easily.
If you see an "Error 10614: Invalid quote amount" message after entering the amount, the possible reason is that the amount is either too small or too large. Try adjusting the amount. Another reason might be that the exchange route is not supported.
Preview and Confirm
Once you've confirmed the correct trading pairs and amounts, input your PIN to submit the trade order. The exchanged cryptocurrency will be credited to your Mixin wallet shortly. If it doesn’t appear immediately, please be patient. If it takes more than 10 minutes, contact Mixin support through Mixin Messenger at ID 7000 for assistance.
What’s the difference between exchanging MDT for MAO through the Mixin wallet versus the MAO official website?
- There is no difference. The process and outcome are exactly the same.
What’s the difference between exchanging BTC through the Mixin wallet and exchanging it on ExinOne?
- On ExinOne, you can use EPC to offset transaction fees. Other than that, there is no difference in the process or outcome.
Does trading incur network fees?
- No, Mixin transfers are free, so no network fees are incurred during the trading process.
Will the built-in swap feature support more types of trades in the future?
- Yes, in addition to integrating ExinOne, we are considering direct integration with on-chain DEXs (decentralized exchanges). Our goal is to allow users to easily and fairly exchange one cryptocurrency for another directly within the Mixin wallet, without needing to worry about where the exchange actually
Steps
Update Version
Update Mixin Messenger to version 1.10.0 or above. Download or update to the latest version from the official website: https://messenger.mixin.one/download.
Access the Swap Page
Switch to the wallet page, find the Swap button, and click to enter the trading page.
Select Trading Pairs
Choose the cryptocurrency you want to pay with and the one you want to exchange for.
Note the selection of multi-chain assets. The interface provides labels like ERC-20 to indicate which chain the asset belongs to.
Enter Trade Amount
Input the amount you want to exchange. The "Max" button in the top-right corner allows you to exchange all of your balance easily.
If you see an "Error 10614: Invalid quote amount" message after entering the amount, the possible reason is that the amount is either too small or too large. Try adjusting the amount. Another reason might be that the exchange route is not supported.
Preview and Confirm
Once you've confirmed the correct trading pairs and amounts, input your PIN to submit the trade order. The exchanged cryptocurrency will be credited to your Mixin wallet shortly. If it doesn’t appear immediately, please be patient. If it takes more than 10 minutes, contact Mixin support through Mixin Messenger at ID 7000 for assistance.
Frequently Asked Questions
What’s the difference between exchanging MDT for MAO through the Mixin wallet versus the MAO official website?
- There is no difference. The process and outcome are exactly the same.
What’s the difference between exchanging BTC through the Mixin wallet and exchanging it on ExinOne?
- On ExinOne, you can use EPC to offset transaction fees. Other than that, there is no difference in the process or outcome.
Does trading incur network fees?
- No, Mixin transfers are free, so no network fees are incurred during the trading process.
Will the built-in swap feature support more types of trades in the future?
- Yes, in addition to integrating ExinOne, we are considering direct integration with on-chain DEXs (decentralized exchanges). Our goal is to allow users to easily and fairly exchange one cryptocurrency for another directly within the Mixin wallet, without needing to worry about where the exchange actually
Updated on: 25/09/2024