Coinbase, a well-known US-based crypto trading platform, is looking to expand its cryptographic product offerings once again, focusing solely on German residents.
On Friday, the exchange announced on XPost the addition of two new crypto assets for users in the German region.
The exchange is known for its ongoing efforts to regularly update listings, but this move is consistent with its goal of providing users with an exclusive trading experience and a wide range of crypto options.
Popcat (Popcat) and Subsquid (SQD) are currently located in Germany
Earlier this month, Coinbase announced a list of three new tokens for users in supported regions. These tokens include Pancakeswap (cake), Subsquid (SQD), and Fartcoin (Fartcoin). They will be available on the Coinbase platform and the Coinbase iOS and Android apps, allowing users to buy, sell, convert, send, receive or store these assets.
However, it appears that not all of the tokens listed recently are available to German users. The exchange has announced that Subsquid (SQD) will now be available in Germany.
Additionally, Coinbase has added support for Popcat (Sol) (Popcat). Following the list of both German tokens, Coinbase users residing in a designated area can log in to buy, sell, convert, send, receive or store these assets via the official Coinbase website or its iOS and Android apps.
While trading with newly added tokens may not be automatically visible to all users, Exchange has encouraged users to update their applications and access the trading service for new tokens.
In particular, the decision to strengthen Coinbase’s crypto products underscores the exchange’s commitment to providing diverse trading opportunities and expanding its global presence.
This development could attract more users to Coinbase, but it would also provide broader awareness for listed Crypto projects, which could impact price performance in the long term.
Despite the importance of the listing, they came when the market was struggling to recover. The newly listed tokens were also traded negatively despite major updates.
This means that Coinbase Germany’s list has not directly affected the current price movement, as data from CoinmarketCap has recorded a noticeable price drop of 5.06% and 2.06% in the last 24 hours, respectively.
