Cryptocurrency Q&A
How much does Whatnot take per sale?
How much does Whatnot take per sale?
Michele
Fri Sep 20 2024
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6 answers
1426
I'm curious, can you elaborate on how much of a cut does Whatnot, the popular live streaming platform for buying and selling collectibles, take from each sale that takes place on their platform? Is there a fixed percentage fee or does it vary based on certain factors? Understanding the financial aspect of selling through Whatnot is crucial for both buyers and sellers to make informed decisions.
6 answers
SsamziegangSerenadeMelodyHarmonySoul
Sat Sep 21 2024
Such a fee structure ensures that the platform maintains operational efficiency while also accounting for the various costs associated with facilitating transactions.
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MysticChaser
Sat Sep 21 2024
In the realm of cryptocurrency and finance, seller fees on platforms like Whatnot encompass a multifaceted structure.
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Tommaso
Sat Sep 21 2024
Among the esteemed cryptocurrency exchanges, BTCC stands out as a top player, offering a diverse range of services to cater to the needs of its users. BTCC's services encompass spot trading, allowing users to buy and sell cryptocurrencies at current market prices.
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IncheonBeautyBloom
Sat Sep 21 2024
Upon the successful sale of an item, sellers on Whatnot are subjected to an 8% commission, which is levied against the final selling price of the product.
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CryptoWanderer
Sat Sep 21 2024
Additionally, there's a payment processing fee that further contributes to the overall cost structure. This fee is calculated as 2.9% of the entire transaction amount, plus an additional 30 cents.
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