StockX Review
StockX is a reliable platform that lets you buy sneakers and other collectibles. Apart from reducing the possibility of scams, you can make up to $2000 per month selling stuff. Since the buyers trust the platform, you can have an easy time selling even though it does not offer refunds or exchanges. If you want to invest in alternative assets, and buy or sell sneakers and other collectibles, StockX is worth checking out.
Pros
- Buy and sell collectibles
- Offers fixed price and auction listing
- Stock authentication process
- Both sellers and buyers are anonymous
Cons
- Potentially high fees
- No refund or exchanges
Compare to Other Sites to Sell Stuff
Decluttr
Over 3 million products sold in 12 months with a year limited warranty
Sell smartphones, tablets, laptops books, watches, video games and Lego
Get a free instant item valuation, ship your item for free and get paid
Swappa
No fees for sellers – buyers pay no fees up $50 items. $5+ thereafter
Sell computers, home tech, cameras, phones, watches, laptops and tablets
Sell your item directly to buyer and get paid the next day via PayPal
eBay
180+ million buyers, easy listings and sell directly from the smartphone
List up to 200 items for free every month, and only pay when they sell
Global brand trust and seller protections in place from buyers scams
How Does StockX Work?
StockX is a platform where you can trade merchandise that collectors value.
With this platform, you can find sneakers, electronics, clothes, and more. These items are often a headache to track down in person.
StockX allows you to;
- Sign up and create a listing. You can either choose to sell Now or Ask for a price to set your desired price.
- Sell multiple quantities of the same item and see your selling fees at the selling price you choose
- Receive a free shipping label and ship your product
- Ship your goods within two business days to avoid a penalty. The penalty also applies if your item doesn’t pass inspection
- Receive payment once the authentication inspection is done
How Much You Can Earn With StockX?
You can expect to make up to $2000 per month selling stuff depending on the type and quality of the item. For instance, you can sell the Sony Play station at $599 and the Microbox X series at $210. Summary of other products include;
| Item | Price |
|---|---|
| Adidas Yeezy | 109 |
| Nike Dunk Low | 245 |
| Jordan 6 Retro | 108 |
| Brue Berry Check Swim | 245 |
StockX Reviews: Is StockX Legit?
StockX is a legitimate website that allows you to sell items and make extra money. Having a rating of 3.9 on Trustpilot, 4.6 on the App Store, and 4.5 on Google Play, most users have left positive comments on the platform.
According to most sellers, the platform allowed them to sell what they could not have sold. Other users also said they had a good experience with customer support.
| Website | Rating |
|---|---|
| Trustpilot | 3.9 |
| App Store | 4.6 |
| Google Play | 4.5 |
While the vast majority of reviews on these platforms were positive, there were some complaints about customer service and fraud. Other sellers also complained about the bank transfers, which took up to 2 weeks to reach them.
If you want to invest in alternative assets, sell collectibles or make money on the side, StockX is worth checking out.
Who Is StockX Best for?
StockX is designed for;
- Buyers who are looking for sneakers and collectibles from many pop culture, sports, and fashion niches.
- Sellers who want to make money by selling the products that the StockX platform focuses on
- Investors looking for an opportunity to flip their products
In general, StockX expects you to print out your label and invoice, package your item, and drop it off at the requested shipping carrier within two business days of a sale.
What Can You Sell With StockX?
Some of the items you can sell with StockX include;
- Sneakers from Air Jordan, Yeezy, Adidas, and Nike
- Streetwear such as Travis Scott, Supreme, and Off-White
- Watches such as Rolex, Seiko, and Casio
- Trading cards such as Sports, RPG, and Pokemon
- Collectibles include Legos, Hot Wheels, KAWS, and Bearbrick
- Electronics including video games, consoles, and accessories
- Handbags from companies such as Louis Vuitton, Gucci, Chanel, and Prada
StockX Payout Terms and Options
As soon as your item passes verification, StockX will release your payouts. As a seller in the US, you can select to receive your payout either through PayPal, electronic ACH, or transfer to your bank account. While it typically takes around 30 minutes for funds to arrive in your PayPal account, it can take up to 5 days to receive bank transfers.
StockX Benefits: What Does StockX Offer?
Sell Quick
StockX allows you to search for your product and set your price without taking product pictures, sharing personal information, or negotiating with potential Buyers.
Reach Millions
StockX’s global reach extends to millions of customers in over 200 countries. You’re therefore assured of getting someone who can purchase your product.
Unlock Rewards
StockX has some of the lowest commission rates in the industry that it wants to share with you. The more you sell, the lower your rates.
Create Smarter Listings
With StockX, you can decide when to sell and how to sell using the historical sales data for every item on our marketplace.
Get Paid Fast
StockX will release your payouts as soon as it confirms your sold items are new and authentic.
Control How You Sell
StockX lets you select the price you’d like to sell your item for.
StockX Fees: How Much Does It Cost to Use StockX?
The StockX Seller Program has Seller Levels and provides clear performance standards for Sellers. The better the performance, the lower the Seller Fee
| Level | Sales required($) | Base Transaction Fees |
|---|---|---|
| 1 | N/A | 10% |
| 2 | $500 (USD) | 9.5% |
| 3 | $1,500 (USD) | 9.0% |
| 4 | $5000 | 8.5% |
| 5 | $30000 | 8.0% |
StockX Requirements?
- A valid StockX account
- Be at latest 18 years old
- The product that you want to sell
- Access to a computer and internet
What Are the StockX Pros & Cons?
StockX Pros
- Buy and sell collectibles
- Offers fixed price and auction listing
- Stock authentication process
- Both sellers and buyers are anonymous
StockX Cons
- Potentially high fees
- No refund or exchanges
StockX Review Verdict: Is StockX Worth It?
StockX is a reliable platform that lets you buy sneakers and other collectibles. Apart from reducing the possibility of scams, you can make up to $2000 per month selling stuff.
Since the buyers trust the platform, selling is easy even though it does not offer refunds or exchanges. StockX is worth checking out if you want to invest in alternative assets and buy or sell sneakers and other collectibles.
How Good Is StockX Support?
StockX offers a comprehensive support base including frequently asked questions page covering topics such as how it works for both seller and buyers. It also has blogs and articles explaining further how it works. To contact the company, you can initiate the chat by clicking the chat icon and chatting with the representative.
How to Sign Up With StockX?
To register with StockX;
- Go to the website and choose whether to sign up with Facebook, Google or email
- Choose to create a personal or business account
- Click get started and enter your email, password and name
- Accept the terms of service
- Confirm your email to verify your account
- Complete your profile by adding additional information
- Start investing
StockX FAQ
What Is StockX?
Last year, it was reported that 71% of users preferred StockX to any other reselling platform. It’s also one of the top ten favorite websites among upper-income Gen Z men, being visited by several users every month.
The website started as a marketplace for sneakers but now trades other collectible items.
How reliable is StockX?
StockX is a 100% reliable platform that allows you to buy and sell that sneaker grail, a luxury watch, or even a sought-after collectible.
What happens if I don’t ship on time?
Since StockX does not offer shipping extensions, you are likely to be penalized if you don’t ship on time.
Do I need to pay taxes as a US Seller?
Yes, IRA now requires all businesses that process payments to file their taxes if they have more than $600 in gross sales during a calendar year.
How many days does StockX give you to ship?
As a Seller, you have two working days to ship most items.
What happens if StockX finds a fake?
If your item is fake, you are likely to be subject to a penalty fee.
