Understanding Seller Fees
A detailed breakdown of all fees charged to sellers on Wax Trader.
Fee Overview
Wax Trader charges a simple, transparent fee structure. There are no listing fees, monthly subscription fees, or hidden costs. You only pay fees when you make a sale.
Platform Fee: Base 5% (Lower for Tier Sellers)
Wax Trader charges a base 5% marketplace fee on each sale. Eligible sellers can unlock lower rates through the tier program. This fee is calculated on the gross order amount (subtotal + shipping + tax). The platform fee covers marketplace operations, buyer protection, customer support, and payment processing infrastructure.
Stripe Processing Fee: 2.9% + $0.30
Stripe charges a standard processing fee of 2.9% + $0.30 per transaction. This is the standard Stripe rate and is deducted from your payout automatically. This fee is set by Stripe and is not configurable by Wax Trader.
Fee Calculation Example
Here is a complete breakdown for a $100 sale:
- Sale price: $100.00
- Tax collected from buyer: $8.00
- Gross for fee calculation: $108.00
- Platform fee example (base 5% of $108.00): $5.40
- Your gross after platform fee: $100.00 − $5.40 = $94.60
- Stripe processing fee (2.9% of $94.60 + $0.30): $3.04
- Your net payout: $91.56
What About Shipping Costs?
Shipping is free for all orders on Wax Trader. As a seller, you are responsible for the cost of shipping the item to the buyer. There is no separate shipping fee added to orders. Factor shipping costs into your listing price.
What About Tax?
Sales tax is collected from the buyer at checkout and remitted by Wax Trader. Tax is not deducted from your payout — it is handled entirely by the platform. The tax amount is included in the gross calculation for the platform fee.
No Hidden Fees
There are no additional fees beyond the platform fee and Stripe processing fee. Specifically:
- No listing fees — list as many products as you want for free.
- No monthly or annual subscription fees.
- No withdrawal fees for payouts.
- No inactivity fees.
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