Placing a Bid on StockX
- Open the StockX website and search for a pair of sneakers you want to bid on.
- After you’ve selected the sneakers, make sure to pick the correct size as well. ...
- Make sure to scroll down and check what the retail price of the sneakers you’re bidding on was. ...
- Scroll back up and check the Lowest Ask for the price as well. ...
Is stock x a legit site?
While StockX.com’s website claims all of the products are legit, there are still consumer reports of people receiving fake sneakers, watches, etc. Unlike other online marketplaces, StockX.com does not offer a Money Back Guarantee, they rarely give refunds, and they do not allow cancellations of orders. Now, this doesn’t mean that everything on StockX.com is fake, there are legitimate and trustworthy sellers on the website.
How reliable is StockX?
- Doesn’t offer refunds
- Doesn’t allow cancellations
- Customer Service is hard to contact
Is it safe to buy from StockX?
Yes, on the whole it is safe to buy Pokémon cards on StockX. They have many checks and balances in place to ensure what you’re getting is a genuine product. That said, there are some cards that end up on their listings which are fake. But, unlike other online marketplaces, StockX has a stringent authentication process.
How does bidding work on StockX?
Placing a Bid on StockX
- Open the StockX website and search for a pair of sneakers you want to bid on.
- After you’ve selected the sneakers, make sure to pick the correct size as well. ...
- Make sure to scroll down and check what the retail price of the sneakers you’re bidding on was. ...
- Scroll back up and check the Lowest Ask for the price as well. ...
How do you win bid on StockX?
Let's make it straightforward: The fastest way to win a bid on StockX is to meet the ask price. You can look at the current asking prices and hit the lowest one. This tactic is fine if you have money to spare and you've got to have the sneakers. However, you might want to check out the existing bids first.
How long do bids take on StockX?
Auctions can be live from 3-5 days depending on what the seller chooses. Once the reserve price is met buy now is no longer available.
Do you pay when you bid on StockX?
It's worth noting that StockX requires you to link to a payment method (PayPal or a credit/debit card) when placing bids. You'll only be charged if and when your bid is accepted. This is put in place to rid the marketplace of meaningless offers from flakers.
Do you lose money when you bid on StockX?
if you Bid and are not selected as the winner, you will not lose any money.
Why are bids higher than asks StockX?
To support our customers, StockX created an experience we call “All-in pricing” that allows us to better match Buyers and Sellers within the same regions significantly reducing import duties and taxes.
What is lowest ask on StockX?
Placing an "Ask" allows you to set how much you think your particular item is worth. Buyers can only purchase from the lowest Ask available, so if that's yours, a Buyer will buy from you as soon as they're interested in meeting your Ask price.
Why are things so cheap on StockX?
StockX is an online marketplace for buying and selling that uses a stock market-like approach to pricing. By leaving buyers to place bids and sellers to place asking prices, the prices reflect true market value — and in some cases, the prices are below retail.
What happens if StockX doesn't approve?
Your account can be subject to a penalty fee if you fail to ship the item within the allotted time period (typically two business days), or if you sell and ship StockX an item that does not meet our condition guidelines and/or isn't authentic or doesn't exactly match the item as it is described on StockX in any way.
Does StockX give you your money back?
We will refund all fees and costs paid by the buyer for the item (including shipping and handling). In no event may a buyer resell any item (on StockX or elsewhere) that is reasonably believed to be counterfeit.
Can I return shoes from StockX?
Due to the anonymous nature of our live market, we are unable to offer returns, exchanges or swaps—including if you ordered the wrong size. The good news is you can always resell with us if you no longer want your item.
How long does it take to complete a stock X order?
StockX strives to complete all orders within 7-12 business days, (that doesn’t include...
Can you cancel an ask or bid?
Once a sale has occurred, your Ask or Bid cannot be cancelled. This policy is in place to...
Does StockX determine the price?
We don’t determine the price, you do. As a live marketplace, StockX empowers you to Bid and Buy at real-time prices that reflect the current demand.
What is a bid on StockX?
A Bid signals your intent to buy - it is your financial offer for an item on StockX. All bids are placed in order from high to low on an item’s product page. You can select the number of days until a bid expires: 1, 3, 7, 14, 30, or 60. We’ll send an email when your Bid is about to expire so you can renew it or let it go. You can also cancel or update your bid anytime before an Ask meets it.
What happens if you have the highest bid?
If you have the highest bid, a seller who places an Ask that matches yours will automatically sell to you. If someone places a higher bid than you, no worries. If an ask matches their (now highest) bid, they’ll get the item. But your bid is still active and could be accepted if it becomes the highest bid again.
How long does it take to complete a stock X order?
StockX strives to complete all orders within 7-12 business days, (that doesn’t include...
Can you renew a bid on eBay?
We will send you immediate updates as prices move on your Bids. Bids can be renewed or let go when they’re about to expire, and you’ll be notified ahead of time.
How to win a bid on StockX?
Let’s make it straightforward: The fastest way to win a bid on StockX is to meet the ask price. You can look at the current asking prices and hit the lowest one. This tactic is fine if you have money to spare and you’ve got to have the sneakers.
Why do people use StockX?
Some people use it out of convenience, but most like it because they can find designer models that are otherwise difficult to find. Moreover, there’s something about bidding that makes the whole process more fun.
Is StockX addictive?
StockX is kind of addictive, and it can be tempting to place new bids every day. However, you may not win any bid for a while. Don’t let it discourage you as the market changes every day. The best thing that you can do is to be patient and wait for your opportunity.
Can you buy shoes for reselling on StockX?
However, if you’re shopping casually, it may be worth taking some time to wait for the best offer. On the other hand, some people buy shoes for reselling them on StockX or some other website. They’re often willing to pay somewhat higher prices because they believe they can sell them for even higher.
Can you bid for each size on StockX?
Even before that, find out whether the sneakers are in your size. As you may know, StockX allows you to bid for each size separately, and the prices often vary a lot.
Where is the highest bid on eBay?
At the top right corner, you’ll see the current highest bid.
Can you cancel a bid on eBay?
Once the seller has accepted your bid, you can’t cancel it . This is the reason why you have to enter your billing info before you place a bid. You have to supply a credit card or PayPal to be able to place a bid. Of course, if the bid isn’t accepted, you won’t be charged.
Here's how it works as a buyer
There are literally thousands of items to choose from on StockX. Once you find an item you're interested in, you can either buy it immediately for the current lowest asking price or submit a bid and wait for one of the many sellers with the same item to accept the offer.
Here's how it works as a seller
You have an item — let's say a luxury bag or a pair of sneakers — that you want to sell. Search the item on StockX and select the size you have. From there you, can sell it immediately for the highest current bid or submit an asking price and wait for someone to pay it.
The middleman feature is great for security, but what makes the website like a stock market?
For every item listed, StockX has tons of usable information like release date, retail price, how many units have sold, previous sale prices, and more. The data can help you as a buyer to better assess the market so you'll never overpay. And if you're savvy, you'll learn to use data on previous releases to predict the value on future releases.
Start buying and selling on StockX here
Amir Ismael is a senior reporter for Insider Reviews, Insider's e-commerce branch of the service journalism team. As a collector of sneakers and fashion, Amir is passionate about all things related to style.
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