Kava (KAVA) One Day Trading Volume Reaches $10.40 Million

Kava (KAVA) traded up 1.2% against the dollar during the twenty-four hour period ending at 15:00 PM E.T. on October 19th. Kava has a market capitalization of $401.47 million and $10.40 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can now be bought for about $0.37 or 0.00000544 BTC on major cryptocurrency exchanges. Over the last seven days, Kava has traded up 7.6% against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 0.1% higher against the dollar and now trades at $27.99 or 0.00041036 BTC.
• NEAR Protocol (NEAR) traded down 1.7% against the dollar and now trades at $4.79 or 0.00007019 BTC.
• Internet Computer (ICP) traded up 1.1% against the dollar and now trades at $8.06 or 0.00011814 BTC.
• Cronos (CRO) traded 0.2% higher against the dollar and now trades at $0.0782 or 0.00000115 BTC.
• Hedera (HBAR) traded 1.8% higher against the dollar and now trades at $0.0527 or 0.00000077 BTC.
• Cosmos (ATOM) traded 2.5% higher against the dollar and now trades at $4.42 or 0.00006475 BTC.
• Fetch.ai (FET) traded down 0.9% against the dollar and now trades at $1.41 or 0.00002066 BTC.
• Algorand (ALGO) traded 0% higher against the dollar and now trades at $0.12 or 0.00000180 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $2.45 or 0.00003595 BTC.
• Theta Fuel (TFUEL) traded up 1% against the dollar and now trades at $0.0618 or 0.00000091 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,679 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 Twitter account is @kava_chain and its Facebook page is accessible here. The official website for Kava is www.kava.io. 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 currently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView