Is Waxpeer legit? Fees, prices and payouts (2026)
Short answer: Waxpeer is a real, operating marketplace run by Peer Software Limited (Marshall Islands), but its Trustpilot rating is 2.6 from 451 reviews, so read recent reviews before you deposit. In our price data it was +3.0% vs the median of the other marketplaces and the cheapest on 2% of 14,852 items it lists.
Waxpeer at a glance
| What it is | Peer-to-peer marketplace (items go straight from seller to buyer) plus instant sell |
|---|---|
| Fees | 6% seller fee |
| Cash out | Yes: crypto, PayPal and (since March 2026, selected regions) Steam balance |
| Verification (KYC) | AML/KYC check required for withdrawals |
| Trade protection | Sale money sits in a hold balance for 7 days: you can spend it on Waxpeer but not withdraw it |
| Company | Peer Software Limited (Marshall Islands) |
| Trustpilot | 2.6/5 (451 reviews) – Trustpilot, checked 2026-10-26 |
Is Waxpeer cheaper than other marketplaces?
We compared 14,852 items that Waxpeer lists and at least three other marketplaces list too (snapshot 2026-10-26). Waxpeer’s lowest price was +3.0% against the median of the others, it had the lowest price of all on 2% of them and was below the median on 16%. Against the Steam Market it was -12.0%.
| Price range | Waxpeer vs other marketplaces | Items |
|---|---|---|
| Under $1 | +2.9% | 3,544 |
| $1–10 | +3.2% | 3,924 |
| $10–100 | +2.9% | 4,225 |
| $100+ | +2.9% | 3,159 |
Prices move every hour. For a specific skin, the “Where to buy” table on its page shows the current lowest listing on Waxpeer and 11 other marketplaces, e.g. AK-47 Redline.
Pros and cons
- The widest catalogue we track (16,400+ items)
- Several cash-out options including PayPal
- Rated 2.6 on Trustpilot
- About 3% above the market median in every price range
Alternatives to Waxpeer
- SkinSwap: -5.6% vs other marketplaces, seller fee 0% (instant sell at 75–90% of value), Trustpilot 4.3.
- Tradeit.gg: -3.1% vs other marketplaces, seller fee 5–20% (instant sell), Trustpilot 4.6.
- LIS-SKINS: -1.1% vs other marketplaces, seller fee Not published, Trustpilot 4.8.
Sources (read 2026-10-26): waxpeer.com/faq/fees-sell · waxpeer.com/faq/hold-balance · waxpeer.com/terms · waxpeer.com/blog/article/waxpeer-update-prime-time-new-withd · Trustpilot. We have a referral deal with Waxpeer and may earn a commission if you sign up through our link; it does not change the numbers on this page.
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Related questions
Is Waxpeer legit?
Waxpeer is a real, operating marketplace run by Peer Software Limited (Marshall Islands), but its Trustpilot rating is 2.6 from 451 reviews, so read recent reviews before you deposit. In our price data it was +3.0% vs the median of the other marketplaces and the cheapest on 2% of 14,852 items it lists.
What are the Waxpeer fees?
6% seller fee.
Can you cash out on Waxpeer?
Yes: crypto, PayPal and (since March 2026, selected regions) Steam balance.
How long does Waxpeer hold your money?
Sale money sits in a hold balance for 7 days: you can spend it on Waxpeer but not withdraw it.
Is Waxpeer cheaper than Steam?
On 2026-10-26 its lowest listings were -12.0% vs the Steam Market price for the same items (median over the items it lists).