Question: Why Did StockX Charge Me $1?

Is StockX second hand?


How does StockX define deadstock sneakers.

StockX defines “Deadstock” as an authentic, new, unworn pair of sneakers.

They are complete with original box including the box lid and the box label indicating the shoe size, as would be acceptable for sale at a retail location..

How long do StockX bids take?

Sit Back & Wait For Your Bid to be Accepted! All bids are automatically set to last for 30 days.

Does StockX report to IRS?

Information. Do I need to worry about Taxes as a US seller? US Sellers will only get a 1099 if they have made 200 or more transactions and at least $20,000 from sales on StockX. PayPal will provide those documents at the end of the year.

How much does StockX charge for selling?

Information. What are StockX selling fees? For all StockX sales there is a 3% payment processing fee, as well as a transaction fee that is dependent on the level of your seller account and the item you are selling. The transaction fee is taken from the final price of your sale.

Is goat better than StockX?

But in general, GOAT seems to offer a better sneaker shopping experience than StockX. GOAT’s order progress feature is more advanced and informative. They ship goods in fewer days than StockX and also charges less fees on shipping in the US.

Do I pay taxes on StockX?

Depending on your local government, you may be required to pay sales tax on your StockX purchases. … When you buy an item on StockX, the required taxes may vary depending on the item’s price, composition, and your location.

Can you trust StockX?

StockX is a 100% legitimate company.

Can you get a refund from StockX?

If something happens and your item can’t be delivered within a reasonable amount of time, we will attempt to find you another one at no additional cost. If we are unable to do so we will provide you with a full refund, which is typically processed in 3-5 business days to the original payment method used.

Can you cancel order on StockX?

Once a sale has occurred, your Ask or Bid cannot be cancelled. … Remember, there is a buyer or seller on the other side of the transaction that is expecting it to be fulfilled. When you place a Bid or Ask for an item on StockX, you are committing to the transaction should a match occur.

Why is goat charging tax now?

WHY IS GOAT NOW COLLECTING SALES TAX? In light of a recent Supreme Court decision in South Dakota v. Wayfair, Inc. and applicable state law, certain states now require e-commerce marketplaces to collect and remit sales tax regardless of whether or not the marketplace has physical presence in such state.

Why does StockX need my credit card for selling?

Hey there, we require sellers to have a valid credit card on file. Privacy cards or pre-paid cards cannot be used for selling. This is a security measure we’re taking to authorize each seller on StockX.

How do I remove a payment method from StockX?

How do I remove a payment method from StockX? On the left side of your profile page, under “Organizations”, click the icon for your organization. In the “Payment method” section, under your payment method, click Remove.

Do you need PayPal for StockX?

Information. What form of payment does StockX accept? Buyers can pay with all major credit cards, PayPal, Apple Pay, Google Pay, Venmo, Alipay, Sofort, or iDEAL payment. The credit cards we accept are Visa, MasterCard, American Express, JCB, UnionPay, and Discover.

What happens if you dont ship StockX?

If the seller can’t ship a sold pair within 2 business days they’re subject to a penalty fee.

Does StockX have free shipping?

How do I get free StockX shipping? U.S. customers can enjoy free shipping on a purchase of $150 or more.

Does StockX charge you right away?

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. … You’ll have two business days to get the package sent out or StockX will charge you a small fee.

Does StockX sell fake?

We’re not sponsored by StockX and thus this isn’t a biased review but a company the size of StockX, a market leader, can’t afford to deal in fakes because their entire value is dependent on being an authentic marketplace. … Therefore, it’s safe to say that 9 times out of 10, StockX gets it absolutely right.

What happens if StockX shoes are fake?

If the shoes are not authentic, or they are not in deadstock condition with the original box, you will be charged 15% of the sales price or $13.95 for shipping them back to you, whichever is more. No arrests, no accusations. If you keep sending them fakes they will suspend your account.