Hey ninja’s, how’s the trading going? According to an announcement on the 10th of March the Huobi Group has officially announced the launch of its new cryptocurrency trading app on both Android devices and IOS.
Huobi Lite will reportedly allow users to trade major cryptocurrencies without any fee or commission, users will be able to trade currencies such as the United States Dollar, Chinese Yuan, Hong Kong Dollar, Vietnamese Dong, and Malaysian Ringgit via multiple payment methods.
One of the major features of the new app is the ease of access to cryptocurrencies. The VP of global business at Huobi, Ciara Sun, noted that the current system for acquiring cryptocurrency could be considered unnecessarily complex for an average person and the company’s new app has reduced the process to a few easy steps, the company claimed that users will be able to purchase and acquire cryptocurrencies in less than five minutes.
The VP also noted that by making it easier to obtain cryptocurrencies and providing the needs of both veteran traders and beginners, Huobi is competing to be adopted across the globe. Huobi noted that they expect to add some new cryptocurrencies to its new app but at press time Huobi Lite only supports Bitcoin (BTC), Ethereum (ETH), XRP, Litecoin (LTC), EOS, Bitcoin cash (BCH), Huobi Token (HT), and HUSD.