Kava Price Tops $0.37 on Major Exchanges (KAVA)

Kava (KAVA) traded 3.2% higher against the US dollar during the 1 day period ending at 21:00 PM ET on October 18th. Kava has a total market capitalization of $400.65 million and $9.85 million worth of Kava was traded on exchanges in the last 24 hours. Over the last week, Kava has traded 7.6% higher against the US dollar. One Kava token can now be bought for approximately $0.37 or 0.00000541 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $28.17 or 0.00041200 BTC.
• NEAR Protocol (NEAR) traded 2.6% higher against the dollar and now trades at $4.89 or 0.00007155 BTC.
• Internet Computer (ICP) traded 4.8% higher against the dollar and now trades at $8.07 or 0.00011797 BTC.
• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.0784 or 0.00000115 BTC.
• Hedera (HBAR) traded up 2.6% against the dollar and now trades at $0.0522 or 0.00000076 BTC.
• Cosmos (ATOM) traded up 1.7% against the dollar and now trades at $4.38 or 0.00006406 BTC.
• Fetch.ai (FET) traded up 4.8% against the dollar and now trades at $1.43 or 0.00002087 BTC.
• Algorand (ALGO) traded 4.5% higher against the dollar and now trades at $0.13 or 0.00000183 BTC.
• Akash Network (AKT) traded up 2.1% against the dollar and now trades at $2.49 or 0.00003640 BTC.
• Theta Fuel (TFUEL) traded 1.7% higher against the dollar and now trades at $0.0616 or 0.00000090 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,854,679 tokens. 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. 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 website is www.kava.io.

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView