Founded in 2015, StockX is an online marketplace for buying and selling sneakers, streetwear, watches, and designer handbags.
The website acts as a middleman between buyers and sellers, making otherwise potentially shady resale market transactions safe and secure. StockX authenticates all products before they’re sent to you, so you never have to worry about scammers and fake items.
StockX also provides both buyers and sellers with usable data like current market value, number of items sold, and loss or gain on items. The information can be used to ensure you never overpay or undersell.
As a shoe collector, I’ve been using StockX for a few years now, and it’s the most convenient and fail-safe way to buy and sell sneakers and more.
UPDATE: In August 2019, StockX notified users of a data breach that may have leaked user information like name, email address, and purchase history to a third party. Credit card and payment information were not involved in the data breach. StockX quickly responded to the breach with a sitewide update, a password reset for all customers, reportedly improved cloud security, and a further investigation into the matter.
As a sneaker collector, I’ve been buying and selling sneakers online for a little over 10 years. Things have come a long way from sending postal money orders to people you met on forums with the hope they’ll actually send you the shoes in return, or meeting up with strangers to do in-person transactions. But there are still many shady sellers, and fakes are getting even harder to point out.
Although I’ve never gotten the short end of the stick while navigating the murky waters of the online resale market, not everyone is so lucky. Now, with the help of a new startup called StockX, resale transactions are a lot safer — and in some instances, more affordable.See the rest of the story at Business Insider
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