What's good, Tradeblock fam? Here is a quick heads-up about a change to our shipping fee. Instead of our old flat rate of $15, we’re now moving to a system where you pay the true shipping cost—up to a max of $24.99.
Since 2020, shipping prices have jumped by about 30% due to rising fuel costs and other factors. While we really wanted to keep our flat fee in place, we simply could not continue to subsidize those shipping costs after five years.
After exploring different options, we felt the fairest solution was to have each trader pay their actual shipping costs while capping fees at $24.99 to protect those with higher shipping rates. Here’s what that means in practice:
Let’s say Trader A is located in Texas, close to our authentication center, while Trader B is in New York City. When they agree on a trade, we use Shippo’s API to calculate the actual cost of shipping each trader’s package to our auth center and then sending their new shoes to them. That’s the amount each trader will see and pay for shipping at checkout.
While this change is crucial to the long-term viability of the platform, we also understand that many of our members are dealing with rising costs on things like gas and groceries. That’s why we’re actively working on a program designed to significantly reduce the cost of trading, particularly for reliable repeat traders. Be on the lookout for more details soon!
This change ensures fairness and allows Tradeblock to continue facilitating trades for years to come. We appreciate your understanding and, as always, thank you for being an integral part of our community!