Huobi Group has reportedly disclosed the arrival of its new mobile application – dubbed “Huobi Lite” – which looks to facilitate trading activities of major digital coins, free-of-charge on Android and iOS.

Specifically, the fiat-crypto trading activities on mobile devices will be facilitated with the release of the new app, a few nominal currencies being the US Dollar, Vietnamese Dong, Malaysian Ringgit, Hong Kong Dollar and Chinese Yuan, via different means of payment, including credit cards. 

At the moment, Huobi Lite is offering facilitation feature for BTC, ETH, USDT, HT, EOS, BCH, XRP, LTC and HUSD, with the firm revealed that extensive support features for a wider range of cryptocurrencies will be rolled out in the future. 

Features including storage, tracking and managing tools for clients’ portfolio will reportedly be available. Huobi claimed that the obtaining process of Bitcoin can be finalized in under 5 minutes using the new mobile app. 

“By reducing the barrier to entry and catering to both beginners and veteran traders, we’re vying for mainstream adoption across the globe, especially in underserved markets like Southeast Asia.” Ciara Sun, VP of global business at Huobi Group, remarked regarding the introduction of Huobi Lite.