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Is StockX Legit? (What It Is, How It Works, & More!)

Jul 6, 2022 · Leave a Comment

It’s hard to get a good pair of shoes nowadays, especially if you want to get the kind of shoes you can’t find at your local shoe store. If you can’t try them on, walk around a bit, check the style, and ensure that they fit your feet, then you are missing out on a key part of the shoe buying experience.

Still, there are plenty of ways to buy shoes online if you want, but that carries its own risks.

You might see a beautiful shoe that ticks all your boxes on a website, only to eagerly purchase it and notice that the real physical product is faded, scuffed, filled with wear and tear, and is two sizes too small than what was advertised. It’s things like this that cause people to doubt websites that sell sneakers, but does that doubt apply to StockX?

We’ve taken the time to do a deep dive into StockX’s marketplace, and it does a very good job of allowing people to buy and sell legitimate sneakers that will come to you as advertised. Plus, if you like the sneaker side of Stockx, you can buy and sell other things on the marketplace too.

So, if you want to get your next pair of sneakers from StockX, then keep on reading to see everything we have to say about it!

Contents show
1 Is StockX A Legit Website?
1.1 They Work With Buyers And Sellers Alike
1.2 Authentication Is The Name Of The Game
1.3 More About Buying And Selling
2 StockX Works Like The Stock Market, Which Makes It Legit
3 What If I Have Bad Shipping?
4 What About Mixed Reviews?

Is StockX A Legit Website?

StockX is 100% legitimate website. StockX has a team that focuses on creating an environment of 100% authenticity, and they do this with a team of dedicated authenticators as well as a proven and ironclad procedure for every single item they sell. First, they only allow deadstock items, meaning that whatever you buy is going to be brand new and never worn, which is pretty vital in the case of sneakers! 

They also inspect the construction of the sneakers, ensuring that the product you are paying for is the product that you are getting, and they even make sure the packaging is up to their very high standards.

Unlike other stores where you might get a $100 pair of sneakers sent to you in a $10 dollar box when you buy from StockX you will get a properly packaged item.

air-jordan-cement-4s-with-custom-laces_t20_YQmkwO

They Work With Buyers And Sellers Alike

Unlike some stores where you need to communicate with the seller yourself and the online marketplace only steps in when things get really bad, StockX is very active with both ends of the transaction.

They ensure that everything is handled by their team so the transaction does seamlessly, and they also have a dedicated system to keep their marketplace and your data secure.

Authentication Is The Name Of The Game

Whether you are buying the latest pair of sneakers or choosing to resell some for a profit, then your product will be authenticated by their expert team. If you buy, you will either be placing a bid on a product or simply purchasing it if it isn’t on auction.

The item in question will be authenticated by the team, and once it meets the standards it will be shipped to you.

If you are selling an item, you sell the item and ship it to StockX once someone buys it. Then the team at StockX authenticates the item. Once it is approved, then you get paid for your item and it goes right to the buyer.

Having StockX as the middleman for both the buying and the selling side means that you are able to have total confidence that you are getting the real deal whenever you buy or sell your sneakers.

More About Buying And Selling

Buying and selling on StockX works a bit differently than some of the other companies and online stores you might have worked with. There are two ways for customers to buy products on StockX, either through bidding, or asking.

The customer will have an ask, which is typically the lowest price they are asking for whenever you purchase. However, you can buy at the asking price, or bid on the item at a price of your choice. Bidding opens up the dynamic and real time marketplace of StockX, which goes back and forth as people make bids on the product, almost like an auction.

Eventually, a balance is reached between the bidding prices and the asking price, and the sneakers are sold. It can be pretty fun to bid and place your bets, and you might end up saving some money if you place your bets right. 

If you are the seller, you don’t need to take professional pictures of your item, share your personal information, write a snazzy description, or even talk to the buyers! You just need to search for your product on the StockX website and click, and then set your price. After that, StockX takes control of everything. 

Customers from all around the world will be able to see StockX’s premium website page for the item, as well as your price. Then they can either buy at your asking price or bid, and eventually, the item will be sold.

Then you ship your item to StockX, get paid, and repeat. Like all online businesses there is a small commission fee on each sale, but the more you sell with the company, the lower that rate goes!

StockX Works Like The Stock Market, Which Makes It Legit

StockX isn’t just a fancy name, it works because it mirrors the bidding, selling, transparency, and trust of the real stock market. Buyers make their bids or share their lowest asks, and sellers can make the sale at a price that works for them.

There’s a lot of potential to get very cheap sneakers if you know how to bid properly and have a little patience, and it can even be fun as a buyer or seller to check back and see how the marketplace for the item has changed.

Additionally, every item on StockX has a set of historical data that you can use as both a buyer and a seller.

You will be able to see the ‘sales history’ of the items you are planning to sell in order to see the rates. That way you won’t pay $300 dollars for a brand of sneakers that just sold for $150 five minutes ago on another corner of the website. And as a seller, you can price your objects reasonably to get the most interest from buyers. 

Additionally, bids for both buyers and sellers also last for 30 days, but can be taken down before that. So, if you give up and want to try something else, or want to wait out your competitors to hit that sweet spot in price, you can do that. At StockX, a little patience is going to go a long way towards getting the best price.

What If I Have Bad Shipping?

While there is a low chance of getting scammed on StockX, you can run into a fairly common problem across all of the storefronts- poor shipping. Sometimes it’s because of your mail carrier, your delivery service, or some of the other third parties that handle your package before it gets to you. 

If you find that your package of sneakers gets damaged or the sneakers inside are ruined by water damage or sloppy handling by your mail carrier, you can reach out to StockX’s customer service team and request a replacement or a refund. The customer service team has been responsive and you will get the problem fixed no matter what it takes.

What About Mixed Reviews?

If you go on StockX and look for reviews, you will see a few mixed review verdicts on the common review sites. Most of the reviews praise the bidding structure of the website, as well as the faster shipping of the shoes to them than advertised. However, others talk about problems with shipping, and problem with a lack of a return policy on StockX. 

However, the best way to see if the mixed reviews lean in a negative or positive direction is to test StockX out yourself and see what you think. The company is legitimate, especially if you look at its accolades and everything it has done since its founding, and giving it a try will do more for you than reading several reviews ever will.

You May Also Be Interested In These Articles:

  • Does StockX Have Afterpay in 2022?
  • How Long Does StockX Take to Ship?
  • How Long Does StockX Take To Authenticate?
  • Does StockX Pay For Shipping?

Final Verdict: Is StockX Legitimate?

Yes. StockX is a legitimate company when it comes to purchasing shoes and selling shoes online. If you want to buy a new pair of sneakers at non-retail prices, or you want to resell new and authentic shoes on the platform, this is a place to do it.

With the active interaction of StockX in both the buying and the selling process, as well as the deep focus on authenticity and transparency, you won’t need to worry about working with this company.

Give them a try and see what StockX can do for you because this company will change the way you buy shoes forever. Then you’ll never walk into a shoe store again!

StockX

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