Comparison
Whatnot vs Palmstreet
Whatnot
Palmstreet
Model
Type
Marketplace app
Marketplace app
Audience
Platform brings the audience
Platform brings the audience
Checkout
Native, in-platform
Native, in-platform
Selling
Selling formats
Auctions · Buy it now · Breaks · Giveaways
Auctions · Buy it now · Drops
Fulfillment
Shipping labels provided
Seller handles shipping
Makes money via
Commission
Commission
Fees
Around 8% commission plus card-processing fees (from seller guides; not confirmed on Whatnot's own page).
6.9% selling fee plus payment processing (about 2.9% + 30c), no monthly fee (from Palmstreet's help center, 2026).
Capabilities
Shoppable replays
No
—
Affiliate network
No
Yes
Reach & fit
Sells
sports cards · trading card games · funko & toys · comics · sneakers · mens fashion · womens fashion · jewelry & watches · coins · electronics · vintage & antiques · video games
rare plants · crystals · jewelry · aquatics · reptiles · designer toys · coins & bullion · fashion & beauty
Best for
Resellers and collectors who want buyers handed to them instead of building an audience first.
Niche collector and hobby sellers — plants, crystals, reptiles — who want a curated home rather than a giant marketplace.
Facts
Since
2019
2020
Ownership
Independent (private; ~$11.5B valuation, 2025)
Independent (backed by a16z and others; ~$25M raised, 2025)
Based in
Marina del Rey, USA
San Francisco Bay Area, USA
marks where they differ · “—” means not verified