Following a tidal wave of leaks over the past few weeks, the OnePlus 3 smartphone is now officially announced and available. The new phone, which can be purchased direct from OnePlus starting today, has a laundry list of high-end specifications combined with a price that undercuts other comparable phones by hundreds of dollars.

The highlight of the OnePlus 3 is the price: for $399, you can get an unlocked device that works with AT&T or T-Mobile (and their related MVNOs) and has the latest and greatest processor and specs. The 3 has Qualcomm’s Snapdragon 820 processor, 6GB of RAM, a 16-megapixel camera with optical stabilization, a fingerprint scanner, 64GB of storage, dual-SIM support, 3,000mAh battery, and a 5.5-inch AMOLED display. The screen is 1080p as opposed to the higher-res 2K displays on other phones, but OnePlus co-founder Carl Pei is confident that it’s just as good for the vast majority of smartphone uses.

Compared to its predecessor, the OnePlus 3 has a more refined, all-aluminum design and the NFC and quick charging features that were lacking in last year’s OnePlus 2. The company says its Dash Charge feature will provide up to 60 percent charge in just 30 minutes, and allows you to play games and do other intensive tasks while fast charging. The device will be available in two colors: graphite grey and gold.

But the biggest change for this year’s phone is that you’ll be able to buy it right away and won’t have to go through an unorthodox invite system to get it. Pei says that there is plenty of stock available at launch and that the website will give customers realistic shipping times when that stock is depleted. Interested customers will be able to demo the device at four pop-up locations throughout the world, including New York, London, Paris, and Berlin.

For more on the OnePlus 3, be sure to read our in-depth review.

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