How to Use SkinXchange Marketplace

By the looks of it, SkinXchange is the platform co-founded by two people. Justin is in charge of development and Rebecca manages the design and sometimes works in support. The guys are based in Austin, Texas.

The release

The domain was registered in April 2015, but the activity started in December 2016.

Audience

The majority of traffic comes from the USA. The second and third place take Australia and the UK.

Top 5 countries:

  • United States 25%
  • Australia 8%
  • United Kingdom 6%
  • Germany 5%
  • Canada 5%

Pricing

There are two types of sales on the website:

  • Instant
  • Regular

If you chose instant – the platform immediately buys your skins for the price it suggests (usually lower than average market value.) The regular method provides you with a possibility to list your skin on the platform and wait for someone to buy it. In this case, the price is chosen by the seller.

Payment methods

If you want to buy skins from SkinXchange, you are able use one of the next payment methods:

  • Credit Card
  • Paypal
  • Bitcoin
  • Skrill
  • Paytm
  • Giropay
  • iDeal
  • VTPay
  • Alipay
  • G2A Pay
  • Etc…

But, if you want to withdraw money, the website transfers funds only via PayPal but no more than $500 at a time. The instant withdrawal method transfers money in minutes but charges an extra 5% fee.

Important! SkinXchange doesn’t accept credit/debit cards from Capital One bank and Barclay’s bank.

Commission

SkinXchange's cut is 5%. The transaction fees are 2.9% + 30 cents per each sale. Moreover, when you withdraw your funds, the PayPal will charge 2% upon a cashout.

Tech support

There's a FAQ section on the website and an option to send a message to the support team. We received our answer in 5 hours on our email together with a few spam letters from SkinXchange.  Also, they have a blog where you can post your question in a comment section.

Should you trust SkinXchange?

The service is young but judging from their content and an open style of communication, we would definitely give it a try. They have some restrictions about the maximum sums of cashout and the price of a skin, which proves that they are not trying to run a scam.

Bonuses and promotions

SkinXchange has a cumulative bonus system – the more you trade, the lesser fee you pay. They also offer a paid subscription for $15 a month, which will provide you with even bigger fee discount (up to 1%). You can earn cashback from your sales by placing SKINXCHANGE.COM in your steam name.

How to trade

As we mentioned above, the platform allows two ways of trading. The instant method provides you with money in minutes, but for a lesser price. The regular method lists your trade on a website and you wait until the buyer is found.

The skin-trading process

The regular method:

  1. Click "Sell" on the left side of the screen
  2. Click "Steam Inventory" button
  3. Select items you wish to sell and enter your price (or "Price All" button to auto price)
  4. Click "List Selected Items" button
  5. A "Trade" window will appear in a top right corner of the screen
  6. Click "Open Trade'. The Steam Trade bot will request your items from the Steam account
  7. Accept the trade

The instant method:

  1. Click "Instant Sell" button
  2. Select items you wish to sell. Keep in mind that this method works only for items priced between $1 and $200
  3. Check the price
  4. Click "Instant Sell Selected Items"
  5. Accept the trade from their bot

Pros and cons of using SkinXchange service

ProsCons
Small and “homy” serviceLots of fees and limitations
Possibility to contact its foundersStill has some bugs

Conclusion

SkinXchange is still young but looks promising. The service still has some bugs and works on fixing them. There are a lot of different fees and limitations which can scare off "wholesale" customers.

Skins price
Support
Usability
Money withdraw speed
Bonuses/Offers
Average

Average rating:

Comment(s)

  1. thegamer720x says:
    SkinXchange Selling ExperienceI've sold a couple of items on skinXchange.com. I can assure you that they are legit and not a scam. The only con here is they charge 10% commission on any item that you sell on the market. I got my withdrawal within a 7 days via Paypal. Overall site is good, but the time it takes to sell your item on this site is quite huge. ( Maybe due to low number of active buyers)

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