What is the StockX fee structure for buyers and sellers?
The fee structure for buyers and sellers on StockX can be a bit complex, as it varies depending on the type of transaction and the specific activities involved. For buyers, StockX typically charges a processing fee that is a percentage of the purchase price. This processing fee generally ranges from around 3 to 5 percent, depending on the total cost of the item, and it is added to the final price at checkout. Additionally, there may be sales tax applicable based on the buyer's location, which could further increase the total cost of the transaction.
For sellers, StockX assesses a seller fee, which is also a percentage based on the sale price of the item. This fee usually falls between 9 to 15 percent, depending on the seller's activity level on the platform. For instance, higher sales volumes may qualify sellers for lower fees, rewarding those who are more active in the marketplace. It is important for sellers to note that they also need to account for shipping costs, which may not be included in the final payout amount.
To stay updated on the most accurate and current fee structure, it is helpful for both buyers and sellers to refer to the StockX website where detailed information can be found.
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