Coinbase Adds 8 Altcoins for German Traders

TLDR

  • Coinbase Expands in Germany with 8 New Altcoins
  • German Traders Get Access to RPL, RSR, and More
  • Coinbase Lists Web3 and DeFi Tokens in Germany
  • New Altcoins Boost Coinbase’s EU Crypto Push
  • Germany Welcomes RPL, PENGU, ATH via Coinbase

Coinbase has expanded its crypto offerings in Germany by adding eight new altcoins to its platform. The U.S.-based exchange supports Rocket Pool (RPL), Reserve Rights (RSR), Pudgy Penguins (PENGU), Renzo (REZ), Aethir (ATH), Syrup (SYRUP), Pendle (PENDLE), and Layer3 (L3). This update allows German users to buy, sell, convert, send, receive, and store these tokens via the Coinbase website and mobile apps.

The announcement comes after Coinbase received regulatory approval from Germany’s Federal Financial Supervisory Authority (BaFin) in 2021. The license enables the company to offer trading and custody services in Germany legally. Users may need to refresh their iOS or Android apps to access the new listings.

RPL, RSR, and PENGU Now Available

Rocket Pool (RPL) saw a 2.38% price jump, trading at $4.74 after the announcement. As a decentralized Ethereum staking platform, RPL offers users non-custodial staking options. Its listing could promote the adoption of Ethereum staking across Germany.

Reserve Rights (RSR), used to stabilize the Reserve Protocol’s stablecoin system, has a daily volume of over $16.24 million. The listing brings more visibility to RSR’s financial tools, which support decentralized and inflation-resistant stablecoins. Pudgy Penguins (PENGU), tied to a popular NFT collection, was also added, helping grow the token’s community in Europe.

ATH, REZ, and L3 Target Web3 Users

Aethir (ATH) gained over 9.99% to reach $0.05282, driven by growing demand for decentralized cloud infrastructure. The project offers GPU sharing for AI and metaverse tasks. Renzo (REZ), which supports Ethereum restaking, has broader access in the German market.

Layer3 (L3), used to onboard new Web3 users through incentivized learning, joins Coinbase’s platform. It enables users to earn rewards while exploring dApps and blockchain tools.



SYRUP and PENDLE Join DeFi Listings

Syrup (SYRUP) and Pendle (PENDLE) complete the listing. Pendle allows users to trade future yield, while Syrup supports tokenized lending. Despite slight price drops, both maintain substantial daily volumes and user interest.

These listings reflect Coinbase’s push for broader European growth and continued focus on regulated crypto expansion.

 



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