Kava (KAVA) Price Tops $0.35 on Exchanges

Kava (KAVA) traded up 0.8% against the dollar during the one day period ending at 15:00 PM ET on October 12th. Kava has a market cap of $374.29 million and approximately $24.68 million worth of Kava was traded on exchanges in the last 24 hours. Over the last seven days, Kava has traded 4.9% higher against the dollar. One Kava token can currently be purchased for approximately $0.35 or 0.00000549 BTC on major exchanges.

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

  • Avalanche (AVAX) traded up 7% against the dollar and now trades at $28.94 or 0.00045958 BTC.
  • NEAR Protocol (NEAR) traded 1.3% higher against the dollar and now trades at $4.83 or 0.00007665 BTC.
  • Internet Computer (ICP) traded down 1.3% against the dollar and now trades at $8.05 or 0.00012790 BTC.
  • Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0771 or 0.00000123 BTC.
  • Hedera (HBAR) traded 0.4% lower against the dollar and now trades at $0.0514 or 0.00000082 BTC.
  • Cosmos (ATOM) traded 1.1% higher against the dollar and now trades at $4.32 or 0.00006867 BTC.
  • Fetch.ai (FET) traded up 1.9% against the dollar and now trades at $1.44 or 0.00002294 BTC.
  • Algorand (ALGO) traded 0.8% higher against the dollar and now trades at $0.12 or 0.00000195 BTC.
  • Akash Network (AKT) traded up 4.8% against the dollar and now trades at $2.53 or 0.00004026 BTC.
  • Theta Fuel (TFUEL) traded up 0.4% against the dollar and now trades at $0.0613 or 0.00000097 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,688 tokens. Kava’s official website is www.kava.io. 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. 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.”

Buying and Selling Kava

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

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