Yes, you can cancel bids on StockX. To do so, simply go to the “Order History” page in your account and click on the “Cancel Bid” button. This will allow you to cancel your bid on a particular sneaker.
Be sure to read the terms of service before you cancel any bids, as it may result in a fee. Once the bid is cancelled, the funds will no longer be allocated to the purchase and will be returned to your account.
If you have any further questions regarding canceling bids on StockX, you may want to reach out to their customer service team.
What happens if your Bid is not accepted on StockX?
If your bid is not accepted on StockX, you have the option to adjust your bid or place another. All bids are done in real-time, so you are competing against other buyers. If other buyers have placed a higher bid, your bid will not be accepted.
You will receive a notification if your bid has been outbid. You also have the option of setting a limit on your bid, which will make sure you don’t pay too much for an item. If the seller does not want to accept a bid lower than your limit, then your bid will not be accepted.
StockX also offers the option to watch an item, which allows you to follow how the bidding process is going and make adjustments when needed.
Do bids ever get accepted on StockX?
Yes, bids do get accepted on StockX. When a buyer places a bid, the seller can accept or reject the bid. If the seller decides to accept the bid, then the transaction is completed, and the buyer pays the bid amount to StockX via debit/credit card, PayPal, Affirm or Apple Pay.
At this point, StockX verifies the authenticity of the item and processes the payment, and then the seller ships the item to the buyer. Every transaction on StockX includes guaranteed authenticity and free shipping.
How does Bid work on StockX?
StockX is an online marketplace for buying and selling sneakers and streetwear. It functions just like a stock exchange, which means buyers and sellers can post bids and ask prices for a certain product.
When it comes to how bids work on StockX, it’s a pretty straightforward process. In order to bid on a product, you first need to add the item to your watchlist. After selecting the size, condition and entering your desired bid price, you’ll then be presented with a summary page.
Here you can review the information and confirm your bid. Once it’s added to the list, StockX will continuously monitor the bid and wait for the asking price to be met by a seller. Once that price is met, the transaction is completed and you’ve bought the item.
However, it’s important to be aware that not all bids get accepted as it’s down to the discretion of the seller. It also doesn’t guarantee that you’ll get the item as it’s first come, first served if there are multiple bidders placing an offer on the same item.
In conclusion, StockX’s bid system works just like any other stock exchange and is simple to use. It just requires a bit of patience as the stock is limited and only those with the highest bid will successfully buy the item.
What is the lowest ask on StockX?
The lowest ask on StockX is the lowest price someone is currently offering to sell a particular stock item. The price fluctuates depending on which stock item you are viewing. For example, at the time of writing, the lowest ask for a pair of Nike Epic React Flyknit sneakers is $101.
Also, the lowest ask for an Apple iPhone 11 is $733. By comparison, the highest ask for these two stock items is $138 and $918 respectively.
Is StockX trustworthy?
Yes, StockX is a highly trusted and reliable marketplace for buying and selling luxury goods. All StockX items are authenticated by StockX’s team of expert in-house authenticators, which means that everything sold on their platform is guaranteed to be 100% genuine.
Additionally, they also offer seller protections to protect buyers from fraudulent transactions and buyers’ premium protection to ensure that customers get the same product at the same price. Finally, its Buyer Payouts program ensures that when customers are ready to cash out, they will get paid within two business days.
All of these measures have helped StockX become the most trusted source for the purchase and sale of luxury items in the market today.
What does GS mean on StockX?
GS on StockX is shorthand for “Grade School”, which indicates that the shoe is specifically designed and sized for grade school children rather than adults. Many of the major shoe companies (e. g. Nike, Adidas, etc.
) create slightly different versions of their best-selling shoes specifically for grade school children. In order to clearly differentiate these grade school-specific shoes from their adult counterparts, they are labeled as “GS” on StockX.
For example, if you search for the Nike Air Jordan 1 on StockX, you will find both the “adult” version and the “grade school” version labelled with “M” (for Men’s) and “GS” (for Grade School), respectively.
How do I remove a bid from auction?
Removing a bid from an auction is often a difficult process as it requires verification from both the seller and the bidder. In many cases, removal of a bid can be done through the seller if the bidder contacts them and verifies the information regarding the auction and the bid.
The bidder should contact the seller with their user name and auction details, such as the item description, the amount bid, time of the auction and so on. If the seller determines the request is legitimate and the bidder did indeed place a bid in error, they can then either cancel the bid or change the amount of the bid.
In some cases, however, the bid is considered a binding agreement and the bidder will not be able to be removed. In this case a new bidder must be found. It’s also important to note that some auctions are subject to a legal or contractual obligation that does not allow for bids to be retracted so it is always wise to check with the seller before proceeding with any type of bid.
Does StockX have live chat?
Yes, StockX does have a live chat feature. You can chat live with StockX customer service on their website or mobile app. You can use the chat option to ask any questions, get help with placing an order, or to resolve a transaction issue.
The customer service team is available Monday through Sunday, 9am – 5pm. You can also contact StockX by email or phone to receive assistance.
Can I get a refund on StockX?
Yes, you can! StockX offers a 100% buyer protection guarantee and will refund any purchases that do not meet the authentication standards that are set by the StockX team of experts. If you receive an item that is either not authentic or not as described in the listing, you can raise a dispute upon delivery or within 30 days from order delivery and the platform will take immediate action on your behalf.
Moreover, you can also return any item if it does not meet your expectations within 7 days from order delivery and a full refund will be processed for you without any hassle. Please be aware that the original delivery cost is non-refundable.
Additionally, you may also be subject to a restocking fee depending on the conditions of the sale.
To return an item purchased on StockX, simply log in to your account and an email will be sent to you as soon as the return is initiated. We recommend that you send the item back in its original packaging, including any accompanying materials and accessories, and use a trackable shipping service to have proof of delivery.
Once the item is received and inspected, a full refund will be processed.
Why did my StockX order get refunded?
It is possible that your StockX order may have been refunded for a number of reasons. If the order was placed with a credit card, it is possible that it was declined or that there was a problem with the payment processing.
It is also possible that the item may have been determined to be a counterfeit, stolen, or damaged and therefore was unable to be fulfilled by StockX. It could also be that the item was no longer in stock.
If you have any further questions about why your order was refunded, please contact the StockX support team directly for more information.
How do u know if u won a Bid on StockX?
If you’ve placed a bid on a stock on StockX, you will be notified via email or text message if your bid has been accepted. Once your bid has been accepted, you will be able to see the status of the transaction in your StockX account, under the orders tab.
You will be able to see the stock details, the accepted bid price, the time the bid was accepted, and whether the order is pending or fulfilled. If your bid was not successful, your StockX account will show that the bidding period for that stock has ended and that you were not the successful bidder.
Who is StockX owned by?
StockX is owned by the Detroit-based company Called StockX LLC and is led by current CEO Josh Luber. Founded in 2015, StockX has since become the world’s first and largest “stock market of things. ” StockX facilitates the sale of high-end and hard-to-find goods in the fashion, streetwear, and sneaker categories.
StockX also offers an online marketplace fueled by verified data and a real-time price guide to create a transparent and efficient marketplace for both buyers and sellers. With the support and backing of a range of venture capital investors, StockX has reached one-billion-dollar mark in terms of gross merchandise volume and is currently valued at around $2.8 billion.
StockX’s investors include rapper and entrepreneur Jay-Z, UK-based Acton Capital, GV (formerly Google Ventures), and DST Global.
How is StockX so cheap?
StockX is so cheap because it follows a bidding system that is similar to eBay and Amazon. Instead of setting a price for the item, StockX provides buyers and sellers with the opportunity to fill out a bid and ask form, where buyers bid the lowest price they’re willing to pay for an item and sellers ask for the highest price they’re willing to accept.
This system allows the buyers and sellers to compete and ultimately settle on a price. In addition to this, StockX operates on a consignment model, meaning they purchase the item from the seller and then they resell the item, taking a small fee for their role as the middleman.
This model allows StockX to offer the item at a lower price than if they were to outright buy the item and then resell it, as they don’t need to take into account the cost of warehousing and stocking the item.
As a result, StockX is able to offer items at more competitive prices than the manufacturer or other resellers.
What happens if StockX rejects your shoes?
If your shoes are rejected by StockX, you will be notified via email. Depending on the reason for rejection, you may need to address the issue before the shoes can be re-submitted. Common reasons for rejection include incorrect information, authenticity issues (especially with high-end footwear), shipping damages, and missing or incomplete materials.
If your shoes are rejected, you may be able to send them in again after addressing the issue. The StockX support team can offer guidance on how to ensure the shoes meet the requirements for listing. Additionally, you may be offered a return label for your shoes if StockX believes them to be inauthentic or damaged.
The shoes must be returned in their original condition, including all materials originally included with the purchase.
Ultimately, StockX is looking to ensure the safety of its customers. By rejecting shoes with any potential issues, StockX is able to maintain its high standards for quality, authenticity, and customer service.