The Gamer Exclusive WAX Token Sale begins on October 24th and there are a few things you need to know before you buy. If you’re planning on buying WAX Tokens, please read this carefully.
Let’s start off with a quick reminder of what the Worldwide Asset eXchange (WAX) is:
- Who: The creators of WAX are the team behind OPSkins
- What: WAX is a utility token that’s designed to be used on OPSkins.com and other marketplaces on the WAX Platform
- When: We’re reserving all sales slots for OPSkins customers during our Gamer Exclusive Main Sale between Tuesday October 24th at 9am EDT and November 1st at 9am EDT. You can still purchase WAX Tokens after November 1st, but the price increases as more tokens are sold.
- Why: We expect WAX to revolutionize and significantly expand the size of the digital items trading industry, and OPSkins customers have an exclusive opportunity to be among the first to purchase it and at the lowest Main Sale pricing tier.
How to buy WAX Tokens during the Gamer Exclusive Main Sale
- You will need Ethereum (ETH) in an ERC20 compatible wallet in order to purchase WAX
- Where to get ETH: OPSkins will start offering ETH cashouts prior to the sale date, so you can cashout your OPSkins Wallet Funds for ETH. Also, there are many exchanges that sell ETH including Gemini, Coinbase, Kraken, Bittrex, and Bitfiniex. Regardless of how you receive your ETH, you MUST send it to us from an ERC20 compatible wallet.
- How to get an ERC20 compatible wallet: The following wallets are known to be compatible with Ethereum tokens (ERC-20 standard): MyEtherWallet (no download needed), JAXX , Mist (Desktop), Parity (Desktop), imToken (iOS), imToken (Android)
- Once you have ETH in your ERC20 compatible wallet, you’ll head to https://opskins.com/?loc=gamersale after October 24th at 9am to purchase WAX.
- You will want to purchase early because the price of WAX increases as more Tokens are sold. Specifically, the price of WAX will start at 300 WAX Tokens for 1 ETH and increase 11 times (adjusting after each increment of 1.25 million WAX Tokens sold) to end at 150 WAX Tokens for 1 ETH. You can see a breakdown of the tiers here.
- The WAX Tokens that you purchased will be sent to the wallet address that you sent your ETH from. You’ll receive your WAX no later than December 8, 2017.
- WAX Tokens can be used on OPSkins in 2018, we’ll keep you updated on it’s progress on OPSkins.com