Kava (KAVA) Price Reaches $0.64 on Major Exchanges

Kava (KAVA) traded up 0.7% against the dollar during the one day period ending at 7:00 AM E.T. on April 17th. Kava has a total market capitalization of $695.65 million and approximately $19.83 million worth of Kava was traded on exchanges in the last 24 hours. In the last week, Kava has traded 30.8% lower against the dollar. One Kava token can now be bought for approximately $0.64 or 0.00001021 BTC on major exchanges.

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

• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $34.34 or 0.00054584 BTC.
• NEAR Protocol (NEAR) traded 6.8% higher against the dollar and now trades at $5.44 or 0.00008640 BTC.
• Internet Computer (ICP) traded 0.1% higher against the dollar and now trades at $12.05 or 0.00019152 BTC.
• Cronos (CRO) traded up 1% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1.1% higher against the dollar and now trades at $8.11 or 0.00012885 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.0789 or 0.00000125 BTC.
• Fetch.ai (FET) traded down 1.4% against the dollar and now trades at $1.99 or 0.00003167 BTC.
• Algorand (ALGO) traded 1.9% lower against the dollar and now trades at $0.17 or 0.00000272 BTC.
• Akash Network (AKT) traded 7% higher against the dollar and now trades at $3.85 or 0.00006108 BTC.
• Theta Fuel (TFUEL) traded down 0.2% against the dollar and now trades at $0.0833 or 0.00000132 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,860,628 tokens and its circulating supply is 1,082,860,629 tokens. Kava’s official message board is medium.com/kava-labs. The official website for Kava 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.

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 presently 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 Gemini, Coinbase or GDAX. 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