Kava (KAVA) Trading 5.8% Higher Over Last 7 Days

Kava (KAVA) traded down 1.5% against the US dollar during the twenty-four hour period ending at 9:00 AM ET on October 21st. During the last week, Kava has traded up 5.8% against the US dollar. Kava has a total market capitalization of $400.46 million and $16.94 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be purchased for $0.37 or 0.00000546 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 0% higher against the dollar and now trades at $27.91 or 0.00041204 BTC.
• NEAR Protocol (NEAR) traded up 1.6% against the dollar and now trades at $4.85 or 0.00007155 BTC.
• Internet Computer (ICP) traded 2.1% lower against the dollar and now trades at $7.99 or 0.00011794 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.0779 or 0.00000115 BTC.
• Hedera (HBAR) traded 2.7% higher against the dollar and now trades at $0.0543 or 0.00000080 BTC.
• Cosmos (ATOM) traded up 8% against the dollar and now trades at $4.88 or 0.00007207 BTC.
• Fetch.ai (FET) traded 0.6% lower against the dollar and now trades at $1.39 or 0.00002045 BTC.
• Algorand (ALGO) traded 0% lower against the dollar and now trades at $0.13 or 0.00000187 BTC.
• Akash Network (AKT) traded up 0.5% against the dollar and now trades at $2.52 or 0.00003694 BTC.
• Theta Fuel (TFUEL) traded up 0.1% against the dollar and now trades at $0.0617 or 0.00000091 BTC.

Kava Profile

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,679 tokens. The official website for Kava is www.kava.io. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. The official message board for Kava is medium.com/kava-labs.

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 Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView