Kava 24 Hour Volume Hits $6.20 Million (KAVA)

Kava (KAVA) traded down 2.3% against the US dollar during the 1-day period ending at 17:00 PM E.T. on September 15th. One Kava token can currently be bought for about $0.31 or 0.00000512 BTC on popular exchanges. In the last seven days, Kava has traded 7.1% higher against the US dollar. Kava has a total market cap of $331.03 million and approximately $6.20 million worth of Kava was traded on exchanges in the last 24 hours.

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

• Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $23.87 or 0.00040008 BTC.
• NEAR Protocol (NEAR) traded down 3.1% against the dollar and now trades at $4.06 or 0.00006798 BTC.
• Internet Computer (ICP) traded down 3.8% against the dollar and now trades at $8.30 or 0.00013919 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0808 or 0.00000135 BTC.
• Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0505 or 0.00000085 BTC.
• Cosmos (ATOM) traded down 3.5% against the dollar and now trades at $4.09 or 0.00006851 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.35 or 0.00002262 BTC.
• Algorand (ALGO) traded 2.7% lower against the dollar and now trades at $0.13 or 0.00000214 BTC.
• Akash Network (AKT) traded down 0.2% against the dollar and now trades at $2.49 or 0.00004165 BTC.
• Theta Fuel (TFUEL) traded 2.3% lower against the dollar and now trades at $0.0606 or 0.00000102 BTC.

Kava Token Profile

Kava (KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,736 tokens. Kava’s official website 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. Kava’s official message board 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.”

Kava Token Trading

It is usually not possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US 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