how do bids and asks work stockx

A user can either click buy now and submit a bid. StockX Help How can we help you.

Why Are Lower Bids Than Mine Being Accepted Even Though I Ve Bidded The Highest For 3 Days Running R Stockx

Buyers who participate in auctions bid against each other in order to win the asset through an open bidding process.

. As a seller you will first need to set up an account and post your listings. Its possible to sell multiple quantities of the same item. Find the bid that you want to change.

So I decided to make a detailed video. In response to the hack StockX noted that it sent out an. Check it out as I place a bid on a shoe an.

Once the seller has accepted your bid you cant cancel it. Select the Bid you want to change and click on the green. The first step you should take to sell on StockX is to place and ask.

Read More Can I cancel my purchase. This is the reason why you have to enter your billing info before you place a bid. Now I placed a bid that is a little bit higher than the listed highest bid and it says You are about to be the highest bidder.

The Stock Market of Things. Can I Cancel My Bid. Or they can place an Ask.

The fees include a transaction fee and payment processing charge. And I buy a. The person who bids the highest amount wins the auction.

Learn More About Buying Selling on StockX Whether youre looking to make quick cash or start a reselling business we have the tools to help you succeed. It means that whatever shoe you want isnt listed by anyone on StockX in your size. A seller can accept a bid or a buyer can accept an ask and voila - the item is sold.

You will also see your selling fees at the selling price you choose. If someone does list the shoe and thinks your bid is high enough they will accept it. Go to My Account on StockX and select Buying.

Only if its still pending. Yeah its weird because they try to explain things and make it look like its easy to use. If someone lists a lower Ask than you they will get the sale however your Ask is still active and could be accepted if it becomes the lowest ask again.

The minimum selling price is 25. Products are listed on the website with an Ask price that must be met by a buyers Bid to process the sale automatically. Popular Articles How do I contact customer service and when can I expect to hear back.

They do so by placing competitive bids in an attempt to beat out the other buyers. Open your StockX profile. Increase or decrease the bidding amount or the.

Enter the changes you want to make. Grab electronics over 199 and. StockX completes the process of authentication for you.

The site is built more like a stock market than an. As soon as a sale takes place the buyers card is charged. Enter the new bid.

To my surprise many people are confused about how to place a bid on StockX. How Does StockX Work. Read More When can I expect to receive my item.

Sellers set their ask price. Learn More About Selling What People Have to Say About StockX. 75 off electronics processing fees on purchases over 199.

A seller can see your bid. The business aims to address these concerns by bringing authenticity transparency and simplicity to the purchasing process. Heres how to do so.

Editing Your Bid. What happens if you lose a bid on StockX. If I add 24 more euros I match the listed lowest ask.

Click on the Edit sign. To put it in simple terms placing a bid on StockX means that youre committed to buying an item if your bid is accepted. Read More Can I return my item after Ive received it.

Click on My Bids. As a live marketplace StockX empowers you to Bid and Buy at real-time prices that reflect the current demand. How does StockX work.

A reseller can either post goods with a fixed price or set it up for bidding. Log in for personalized support Get Help with your account orders and more. If you have the lowest Ask buyers who place a matching bid will automatically buy from you.

Buyers place bids sellers place asks and when a bid and ask meet the transaction. Buyers offer their bid amount. Selling collectibles such as sneakers handbags and watches on StockX is easy.

How do bids work. You can select the What is an IPO and how does it work. Your listing can remain active for up to 60 days at your designation asking price.

You will see your Purchase History as well as all the live bids you have at the moment. StockX operates on a bid-ask system.

Using The Unofficial Stockx Api By Zach Lyons Medium