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Beaxy, a soon-to-launch platform vying for the title of “best spot cryptocurrency exchange on the market,” is currently gearing up for a token sale on Paperstreet, a compliance infrastructure platform for coin offerings and investor syndication.

According to a recent announcement, the token sale will begin on February 11, which will offer the best opportunity for investors to pick-up BXY before the exchange officially launches.

“[The cost will be] 0.045 USD per token if you invest less than 100 ETH but 0.035 USD if you invest more than 100 ETH, with an additional 50% bonus based on a pegged Ethereum price,” states the Beaxy team.

While there is not an exact date set for the full launch of the Beaxy platform, multiple beta testers have recently taken to social media to report their findings.

As we previously reported, Beaxy is currently in the process of revealing the cryptocurrencies that will be available on the platform at launch. These include Bitcoin (BTC), Ethereum (ETH), NEO (NEO), XRP (XRP), EOS (EOS) and many others.

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Investors interested in pre-registering for Beaxy can do it through this link.

More: Beaxy Token Sale
Related: Upcoming Crypto Exchange Beaxy Announces Its First 25 Listings

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.