how do bids work on stockx
To put it in simple terms placing a bid on StockX means that youre committed to buying an item if your bid is accepted. How Does Bidding Work on StockX.
Once your bid expires StockX will let you know and youll be able to re-bid.
. If an ask matches their now highest bid theyll get the item. To my surprise many people are confused about how to place a bid on StockX. You may be the highest bidder but no one is under any obligation to accept your offered price.
Also when you make a bid in EU you have to substract the VAT Stockx used a 5 VAT so lets say the highest bid shown is 300 to actually match the bid you have to bid 300 105 which is 315 but the 15 is substract because stockx pays it as VAT. This will be added onto your bid once a seller accepts your bid. Im currently bidding on the Dark Mochas but Buy now is like 100euro higher than the latest sales and my bid is 40 higher but is it ever gonna get filled.
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StockX follows the usual auction processes auction starts bids start coming in the highest bidder or the person who buys now can win the auction. Ive had multiple times where ive been the highest bidder and after a few days after lower bids have been filled i tend to give up and pay the buy now price. Bidding on the Stockx website is one of the methods sellers can sell their items by allowing potential buyers to bid live on the item.
Ad Shop on StockX browse hundreds of verified authentic streetwear products today. A Bid signals your intent to buy it is your financial offer for an item on StockX. The fact is the company deals with high-end goods.
When you bid youre essentially asking a seller to accept your price. Therefore bids technically only end when a seller accepts a bid. The Stock Market of Things.
If bidding buyers have the option of submitting a bid for a certain period of time 7 10 14 30 or 60 days. You are just confirming your bid. You technically only buy an item when your bid matches the lowest Ask otherwise its up to the seller to come down on price.
How does shipping work for Buyers on StockX. If they have the highest bid within that period the product is. Notifications and settings Ask and Bid management.
So I decided to make a detailed video. Buy and sell the hottest streetwear on StockX. Learn how StockX ensures our products are legit.
You will not be charged anything unless a seller accepts your bid. The seller is responsible for that. List your product and set it to bidding or buying.
StockXs mission is to make it easier for people to buy and sell rare and unique clothing and collectibles. When you bid youre essentially asking a seller to accept your price. If someone places a higher bid than you no worries.
Ago Oh thank you 1 More posts from the stockx community 79 Posted by 5 days ago. Well StockX has different prices for different regions due to import taxes same pair of dunks can cost 250 in EU and 200 in USD. Check it out as I place a bid on a shoe an.
Bids Buy Now how to pay and deliveries. How does StockX bidding work. If you have the highest bid a seller who places an Ask that matches yours will automatically sell to you.
Well in my case the lowest bid was 109 so I bid 115. Asks Sell Now shipping verification and payment info. Bids Buy Now how to pay and deliveries.
In the VRTX stock example above the market maker quotes a price of 23795 Bid price 24004 Ask price. You arent responsible for paying processing fees. The corporation founded in 2015 by Greg Schwartz Josh Luber and Dan Gilbert.
Asks Sell Now shipping verification and payment info. Mod 5d Stickied comment. 2 level 2 Op 2 yr.
It isnt an auction its more like a stock market. A seller can see your bid price and can choose to sell his or her item at the bid though most of the time theyd go for higher bids first. Youll be responsible for shipping fees though.
Browse thousands of products today. You can set listings up to expire after 7 10 14 30 or 60 days and renew as needed. It also takes care of the authentication process and the proper shipment of the goods.
Can I change my shipping address after my purchase is.
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