Kava Price Tops $0.36 on Top Exchanges (KAVA)

Kava (KAVA) traded 4.3% higher against the US dollar during the 1 day period ending at 15:00 PM ET on August 23rd. During the last seven days, Kava has traded up 17.4% against the US dollar. One Kava token can currently be bought for about $0.36 or 0.00000568 BTC on popular exchanges. Kava has a total market cap of $392.11 million and approximately $7.04 million worth of Kava was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 8.8% higher against the dollar and now trades at $26.58 or 0.00041703 BTC.
• NEAR Protocol (NEAR) traded up 12.2% against the dollar and now trades at $4.77 or 0.00007477 BTC.
• Internet Computer (ICP) traded up 7.2% against the dollar and now trades at $8.56 or 0.00013431 BTC.
• Cronos (CRO) traded up 3.8% against the dollar and now trades at $0.0902 or 0.00000142 BTC.
• Hedera (HBAR) traded up 7.8% against the dollar and now trades at $0.0592 or 0.00000093 BTC.
• Cosmos (ATOM) traded up 8.8% against the dollar and now trades at $5.08 or 0.00007968 BTC.
• Fetch.ai (FET) traded up 22% against the dollar and now trades at $1.20 or 0.00001875 BTC.
• Algorand (ALGO) traded 6.8% higher against the dollar and now trades at $0.14 or 0.00000227 BTC.
• Akash Network (AKT) traded up 9.5% against the dollar and now trades at $2.68 or 0.00004207 BTC.
• Theta Fuel (TFUEL) traded up 5.5% against the dollar and now trades at $0.0630 or 0.00000099 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,768 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official website is www.kava.io. Kava’s official message board is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed 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.”

Kava Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView