Kava Tops One Day Volume of $12.14 Million (KAVA)

Kava (KAVA) traded 2.8% lower against the U.S. dollar during the 24-hour period ending at 20:00 PM E.T. on October 17th. During the last seven days, Kava has traded 11.4% higher against the U.S. dollar. One Kava token can currently be bought for about $0.36 or 0.00000535 BTC on popular exchanges. Kava has a market capitalization of $390.11 million and $12.14 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded down 2.8% against the dollar and now trades at $27.25 or 0.00040471 BTC.
• NEAR Protocol (NEAR) traded 4.1% lower against the dollar and now trades at $4.76 or 0.00007072 BTC.
• Internet Computer (ICP) traded 3.5% lower against the dollar and now trades at $7.65 or 0.00011364 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.0775 or 0.00000115 BTC.
• Hedera (HBAR) traded 4.9% lower against the dollar and now trades at $0.0510 or 0.00000076 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $4.30 or 0.00006382 BTC.
• Fetch.ai (FET) traded down 5.1% against the dollar and now trades at $1.36 or 0.00002015 BTC.
• Algorand (ALGO) traded down 2.9% against the dollar and now trades at $0.12 or 0.00000178 BTC.
• Akash Network (AKT) traded 3.8% lower against the dollar and now trades at $2.45 or 0.00003631 BTC.
• Theta Fuel (TFUEL) traded down 2.6% against the dollar and now trades at $0.0604 or 0.00000090 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,682 tokens. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. Kava’s official website is www.kava.io. Kava’s official message board is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here.

According to CryptoCompare, “Kava is a decentralized finance (DeFi) platform built on the Cosmos blockchain. Its aim is to provide a range of DeFi services to users, including yield farming, borrowing and lending, and governance, all while ensuring security, transparency, and decentralization. Kava uses the Tendermint consensus algorithm and has a feature called “Hard Protocol” that enables users to borrow and lend cryptocurrencies.”

Buying and Selling Kava

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView