how do bids and asks work stockx

You will not be charged anything unless a seller accepts your bid. Ad Shop on StockX browse hundreds of verified authentic streetwear products today.

Here S How To Bid Buy And Sell On Stockx Urban List

Browse thousands of products today.

. You are just confirming your bid. It isnt an auction its more like a stock market. Ticker A Ticker is a symbol a unique combination of letters and numbers that represent a particular stock or security listed on an exchange.

Auctions can have a set reserve price andor a buy now price. Mod 5d Stickied comment. To my surprise many people are confused about how to place a bid on StockX.

Products are listed on the website with an Ask price that must be met by a buyers Bid to process the sale automatically. 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. If someone does list the shoe and thinks your bid is high enough they will accept it.

How does shipping work for Buyers on StockX. The bid and ask is otherwise called bid and offer this is the best prices buyers and sellers are willing to transact stock in the marketplace. Also when you make a bid in EU you have to substract the VAT Stockx used a 5 VAT so lets say the highest bid shown is 300 to actually match the bid you have to bid 300 105 which is 315 but the 15 is substract because stockx pays it as VAT.

Well StockX has different prices for different regions due to import taxes same pair of dunks can cost 250 in EU and 200 in USD. The bid and ask is a term used in the stock market to describe the lowest amount sellers are willing to sell their stock and the highest amount buyers are willing to pay for the stock. Whats for sale quality guidelines and shipping specifics.

Learn how StockX ensures our products are legit. Asks Sell Now shipping verification and payment info. All listings for a given product Adidas Yeezy 700 V3 Azael shoes are compiled on a single page where sellers can view outstanding bidsasks and past sale data to inform their submission.

Bids Buy Now how to pay and deliveries. For example if the current stock quotation. Buy and sell the hottest streetwear on StockX.

Op 2 yr. Its the money they receive for efficiently and quickly matching up buyers with sellers. So I decided to make a detailed video.

Bid and ask prices are market terms representing supply and demand for a stock. The Stock Market of Things. Can I change my shipping address after my purchase is confirmed.

Once the reserve price is met buy now is no longer available. The Stock Market of Things. Asks Sell Now shipping verification and payment info.

Yeah its weird because they try to explain things and make it look like its easy to use. Auctions can be live from 3-5 days depending on what the seller chooses. Notifications and settings Ask and Bid management.

The bid represents the highest price someone is willing. Check it out as I place a bid on a shoe an. Bids Buy Now how to pay and deliveries.

In essence bid represents the demand while ask represents the supply of the security. You may be the highest bidder but no one is under any obligation to accept your offered price. If I add 24 more euros I match the listed lowest ask.

These large firms quote the bid and ask prices and then keep the spread as a profit. StockX follows the usual auction processes auction starts bids start coming in the highest bidder or the person who buys now can win the auction. In the VRTX stock example above the market maker quotes a price of 23795 Bid price 24004 Ask price.

When you bid youre essentially asking a seller to accept your price. Otherwise they will list it at a price they want to sell it for and you can either match it and purchase the shoe or you can wait to see if someone else has the same shoe is. Notifications and settings Ask and Bid management.

The bid-ask spread generally benefits the market makers.

Stockx Bid Outlet Store Up To 65 Off Www Aramanatural Es