In this channel update, the host announces Electroneum's new listing on the CoinBeanie exchange, detailing the deposit opening and the trading floor launch scheduled for 11 AM GMT (Eastern Time). He highlights CoinBeanie's competitive fee structure—0.10% trading fees versus the industry average of 0.25%—and a promotional offer of ten fee‑free trading days. The host reflects on the broader bear market, Bitcoin's low price, and the correlation between Bitcoin and altcoins, questioning whether a listing can spark a breakout. He points to recent large gains in other tokens despite the market downturn as evidence that breakouts are still possible, expressing hope that Electroneum could experience similar momentum. The video concludes with a call for likes, subscriptions, and a promise of future Electroneum updates.
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Hey you, welcome back to the channel. And guys, today I want to talk about CoinBeanie exchange and, uh, what happened with Electroneum today. We are listed there now, um, open for deposits. The trading floor will be open for us tomorrow morning, 11 AM. That's GMT time. That, I believe, is, um, uh, New York time. If I'm not mistaken, if you're out of states. If you're in the States, that's Eastern Standard Time. So the trading floor will be open at that point. And, uh, I'm glad that CoinBeanie has seemingly done what the, uh, many other exchanges haven't been able to do so far. Also with them being the largest exchange we'll trade on thus far. And so, uh, that's very exciting, guys. Um, you The volume that's happening at CoinBeanie, all of the exchanges we are on at this point now, all of them combined don't seem to equal CoinBeanie. So this can only help us move forward, and so that's a good thing. Also, CoinBeanie released information on the reward they was giving us. They said they wanted to do a little something special for us for the slight holdup, which I thought was nice. I was more happy about them getting this done than the bonuses, but All, you know, bonuses and gifts are good, but what we're getting is we're, you know, some of you probably already know who've already got your account set up and know what's happening, but we're getting 10 free trading days, right? We won't have to pay any fees or anything like that. Now what I also like about CoinBeanie is that the trading fees are beyond the industry average already. So that's a good thing. Whereas the industry average is like 0.25%. CoinBeanie is 0.10, so it's a lot less. It's like twice less than the average. I know some exchanges I trade on, it is 0.25. So especially if you're a person who's doing a lot of volume of trade, that's moving a lot of Electroneum and various things like that at a time, you're— that will help a little, right? And so just glad all that's happening and that's going on. Also, um, what I was looking at here, guys, is I was looking at maybe this will be the catalyst and the momentum we need in order to be noticed and get that momentum, get that breakout. Sometimes that's all you need is that breakout. And, uh, I was looking at some comments earlier, which I usually reserve for, um, comments and questions segment I do with you all, guys, to interact more with you all, uh, in the community and to give thanks for you guys who watch the channel. But, uh, I wanted to bring up this comment because, uh, a little bit earlier— maybe I'll talk a little bit more about it later— but I want to bring it up a little bit because, um, I thought it was very much related to CoinBeat, and I thought it was interesting because it was saying that, well, even with getting listed on major exchanges, maybe that's not going to be as significant as we think because we're still pretty much in a bear market, right? Everybody's still struggling, everybody's token prices are low, we're still struggling under $300 billion. And so I thought about that and I said, well, that is very much the case. We are still struggling a lot. Bitcoin is below $8,000 again, and everything is in correlation, kind of moves with Bitcoin. So when it goes down, altcoins usually go down twice as much, right? So, you know, maybe there isn't gonna be a great move for us, as well as the summertime. A lot of people are out. Usually when the winter starts to come back in, people start to come in and more money starts to usually come back in the cryptocurrency space, right? So I thought about that and I said, well, yeah, this is all true. But then I noticed something. I noticed that despite being in bear markets, every day that I'm looking at the biggest gainers in cryptocurrency I'm seeing, uh, these large— still these large gains, right? Looking at, uh, Speed Mining Service here, Bitcoin Found, Everpedia, Safe Exchange Coin, um, some tokens which I had been hearing about that I wanted to invest in, but maybe I was a little bit too late. We could see one's up 331% over a 24-hour period, right? So we still having breakouts. We We're still having tokens that are breaking out, that are going up in value significantly despite being in a bear market. So hopefully this will be the case for Electroneum even though we are in a bear market. And also just want to say, if that does happen, this may allow Electroneum to get a lot of attention that's needed. If people could see Electroneum breaking out and get involved with Electroneum, see what Electroneum is all about, see all the hype about Electroneum, or, or what should be the hype. Maybe that'll give us the boost we need, and hopefully that boost will propel us forward, give us so much momentum and movement that it'll be hard for us to stop. And I'm hoping that's what happens, guys, and I really do. That would be awesome if that happens. Sure you all would agree. But guys, that's all I want to say. I just want to update what's going on. I know a lot of you guys already know about it. I know a lot of you guys are sitting back like me and ready to go when it opens up tomorrow. But, um, just want to, uh, give that information. I will be doing more Electroneum videos in the future, uh, with some, with some more information, some, some more updates I've heard today that I will talk about a little bit later. But guys, Anyway, if you like content like this, don't forget to like and subscribe. And until next time, take care.
