Kava Price Hits $0.35 on Exchanges (KAVA)

Kava (KAVA) traded 0.6% lower against the dollar during the one day period ending at 23:00 PM Eastern on October 30th. One Kava token can currently be purchased for $0.35 or 0.00000477 BTC on popular exchanges. Over the last week, Kava has traded 1.9% lower against the dollar. Kava has a market capitalization of $374.33 million and approximately $15.78 million worth of Kava was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $26.14 or 0.00036041 BTC.
• NEAR Protocol (NEAR) traded down 2.8% against the dollar and now trades at $4.28 or 0.00005900 BTC.
• Internet Computer (ICP) traded up 0.1% against the dollar and now trades at $8.17 or 0.00011265 BTC.
• Fetch.ai (FET) traded 2.3% lower against the dollar and now trades at $1.29 or 0.00001776 BTC.
• Cronos (CRO) traded down 1.2% against the dollar and now trades at $0.0752 or 0.00000104 BTC.
• Hedera (HBAR) traded down 1.6% against the dollar and now trades at $0.0484 or 0.00000067 BTC.
• Cosmos (ATOM) traded down 1.7% against the dollar and now trades at $4.42 or 0.00006101 BTC.
• Algorand (ALGO) traded 3.1% lower against the dollar and now trades at $0.12 or 0.00000166 BTC.
• Akash Network (AKT) traded up 5% against the dollar and now trades at $2.50 or 0.00003464 BTC.
• Theta Fuel (TFUEL) traded 2.5% lower against the dollar and now trades at $0.0546 or 0.00000075 BTC.

About Kava

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,654 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. Kava’s official website is www.kava.io. 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 currently 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 GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView