Mesh Exchange: Frequently Asked Questions

Mesh’s decentralised exchange is now open to all registered investors on its platform. Here’s a look at how it works, and how it enables investors to trade directly with each other on a willing-buyer-willing-seller basis, securely and in real time.

What is the Mesh Exchange?

The Mesh Exchange is a decentralised order book that allows users to trade supported asset pairs (like TGLD/mZAR or XLM/mZAR) by placing limit orders. Unlike direct orders or liquidity pools, trades happen peer-to-peer, with full transparency and control over pricing.

How do limit orders work?

A limit order lets you buy or sell an asset at a specific price (or better). Your order is placed on the decentralised order book and will only be filled when a matching counter-order is available at your set price.

What asset pairs are currently supported?

At launch, the Mesh Exchange supports the following trading pairs:

TGLD/mZAR
mzar/mZAR
XLM/mZAR
More pairs will be added over time as the platform expands.

What’s the difference between the Mesh Exchange and spot trading on Mesh?

Spot trades are instant and based on available liquidity at the current market price. The Mesh Exchange allows you to place limit orders, giving you full control over your trade price and timing. Orders are filled only when the market reaches your specified price.

Is the Mesh Exchange secure?

Yes. The exchange is built on the Stellar Decentralised Exchange (DEX) infrastructure and settles trades on-chain. This means trades are cryptographically secured and there’s no central party holding your funds.

Will I still pay trading fees on the Mesh Exchange?

Yes, the standard Mesh trading fees apply. View our fee structure.

Why is my limit order not filled immediately?

Limit orders stay open until they’re matched with a counter-order at your set price. You can cancel or update your order at any time before it’s filled.

Can I access the exchange without verifying my Mesh account?

No. Only verified users can place or accept orders on the Mesh Exchange. If you’re unverified, please complete your verification to start trading.

Where can I see my open exchange orders?

You can view, manage, or cancel your active orders on the Exchange tab in your Mesh account dashboard.

How does order matching work on the Mesh Exchange?

The Mesh Exchange follows a price-time priority model. Orders are matched based on the best price available and, if multiple orders exist at the same price, the earliest one placed gets filled first.

Can I place multiple limit orders at different price points?

Yes. You can set multiple limit orders at various price levels for the same trading pair. This allows you to build a position gradually or take profit at predefined levels as the market moves.

What happens if the market price moves far away from my order?

Your limit order will remain open on the order book until it is filled or cancelled. If the market doesn’t return to your specified price, your order will remain unfilled.

Can I avoid placing orders at the wrong price?

Yes. The Mesh Exchange includes a best price execution feature, which ensures your order is matched at the most favourable price available – even if you mistakenly enter a higher/lower price. This helps prevent accidental overpaying or underselling.

Can I use the Mesh Exchange as a market maker?

Yes. Since the Mesh Exchange is fully decentralised, any user can act as a market maker by placing limit orders that provide liquidity to the book.

How can I monitor liquidity and depth on the order book?

The Mesh Exchange interface shows real-time order book depth, including current bids and asks. You can use this to gauge liquidity, identify support/resistance zones, and refine your trading strategy.