Kava 24 Hour Trading Volume Hits $14.50 Million (KAVA)

Kava (KAVA) traded 8.7% higher against the dollar during the 1 day period ending at 15:00 PM Eastern on November 6th. One Kava token can currently be bought for about $0.34 or 0.00000449 BTC on cryptocurrency exchanges. Kava has a total market cap of $368.19 million and approximately $14.50 million worth of Kava was traded on exchanges in the last day. In the last week, Kava has traded 3.4% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded up 10.3% against the dollar and now trades at $26.57 or 0.00035112 BTC.
• NEAR Protocol (NEAR) traded 8.8% higher against the dollar and now trades at $4.16 or 0.00005493 BTC.
• Internet Computer (ICP) traded 4.6% higher against the dollar and now trades at $7.71 or 0.00010193 BTC.
• Fetch.ai (FET) traded up 14.8% against the dollar and now trades at $1.43 or 0.00001886 BTC.
• Cronos (CRO) traded up 16.6% against the dollar and now trades at $0.0848 or 0.00000112 BTC.
• Hedera (HBAR) traded up 6% against the dollar and now trades at $0.0485 or 0.00000064 BTC.
• Cosmos (ATOM) traded 6.7% higher against the dollar and now trades at $4.45 or 0.00005883 BTC.
• Algorand (ALGO) traded up 4.7% against the dollar and now trades at $0.12 or 0.00000159 BTC.
• Akash Network (AKT) traded 5.1% higher against the dollar and now trades at $2.39 or 0.00003172 BTC.
• Theta Fuel (TFUEL) traded up 5.7% against the dollar and now trades at $0.0542 or 0.00000072 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,258 tokens. The official message board for Kava is medium.com/kava-labs. 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 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.”

Buying and Selling Kava

It is usually not possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. 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