Friday, 1 November 2024
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Coinbase adds HNT, BLUR, ARB and four other altcoins for Germany users

Coinbase sues SEC, Ark Invest buys $8.6m in Coinbase stock

  • Crypto exchange Coinbase has listed 8 tokens accessible on Coinbase.com and mobile
  • HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA  are now tradable on Coinbase in Germany.
  • Dogecoin continues to outperform the market after X news.

Coinbase, the leading US-based cryptocurrency exchange, has made a special announcement touching on eight altcoins.

The crypto exchange’s announcement says these tokens are now available for trading in Germany, one of the European countries with the highest number of crypto owners.

Helium (HNT), Blur (BLUR), Arbitrum (ARB) 

According to the platform, these tokens are Helium (HNT), Blur (BLUR), Arbitrum (ARB), MultiversX (EGLD), 00 Token (00), Audius (AUDIO), Lido DAO (LDO) and Automata (ATA). The crypto assets are “available to Germany residents”, the announcement read.

Users can log in to buy, sell, convert, send, receive, or store these assets at Coinbase.com along with the Coinbase iOS and Android apps. To access trading, users may need to refresh their application,” the company posted on its Coinbase Assets account on X (formerly Twitter).

Some of the listed tokens saw a surge in their prices following the development. However, many remained constrained as top cryptocurrencies struggled to hold onto gains. As Bitcoin hovered near $29k, altcoins like XRP and Solana were looking to keep bears off near key technical levels.

Meanwhile, Dogecoin continued to see upside action following yesterday’s Twitter rebranding to X. With speculation about a potential integration of DOGE as a payment currency on X Payments, the price of DOGE rose more than 10% in the past 24 hours.

At the time of writing, the meme coin was trading above $0.081, its highest price since April.

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