Coinbase Allows Eligible Users Access to 11 Altcoins: Details
TL;DR
- Coinbase has expanded its offerings to include nearly a dozen new digital assets aimed solely at a select group of users.
- Some of the affected cryptocurrencies started a rally in line with the overall rise in the market.
Coinbase, one of the largest cryptocurrency exchanges, announced that users can start trading almost a dozen digital assets such as Voxies (VOXEL), celestia (TIA), Hivemapper (HONEY), Velo (VELO) and more.
It is worth noting that only those residing in Germany can benefit from the service, and those who want to benefit from it must renew their mobile applications.
Some of the cryptocurrencies in question headed north shortly after the announcement. This was the case with previous announcements of this kind.VOXEL, BIGTIME, TIA, HONEY, ONDO, ZETA, AERO, VELO, STRK, MOBILE and VET are now available to German residents.
— Coinbase Assets
(@CoinbaseAssets) March 12, 2024
Like CryptoPotato reportedRender (RNDR) and Hivemapper (HONEY) prices increased significantly after the exchange put the tokens in its “roadmap” section.
The recent surge in VOXEL, TIA and other digital currencies included in the offering coincides with another green wave prevailing in the cryptocurrency market.
Bitcoin (BTC) has climbed above its all-time high of $73,500, Ethereum (ETH) has surpassed $4,000 once again, and Binance Coin (BNB) is inching towards the $600 level.
Global cryptocurrency market capitalization is several billion away from reaching a new peak and currently stands at around $2.9 trillion (according to data from CoinGecko).
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