Kava Price Tops $0.70 on Top Exchanges (KAVA)

Kava (KAVA) traded up 1.8% against the U.S. dollar during the 24-hour period ending at 10:00 AM ET on April 28th. One Kava token can currently be bought for approximately $0.70 or 0.00001098 BTC on popular cryptocurrency exchanges. Kava has a market capitalization of $758.01 million and $16.45 million worth of Kava was traded on exchanges in the last 24 hours. Over the last week, Kava has traded 2.1% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded up 1.3% against the dollar and now trades at $34.70 or 0.00054446 BTC.
• NEAR Protocol (NEAR) traded 4.7% higher against the dollar and now trades at $7.35 or 0.00011527 BTC.
• Internet Computer (ICP) traded 5.6% higher against the dollar and now trades at $13.74 or 0.00021557 BTC.
• Hedera (HBAR) traded 0.1% lower against the dollar and now trades at $0.11 or 0.00000168 BTC.
• Cronos (CRO) traded up 2.5% against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Cosmos (ATOM) traded 1.3% higher against the dollar and now trades at $8.35 or 0.00013095 BTC.
• Fetch.ai (FET) traded 3.5% higher against the dollar and now trades at $2.20 or 0.00003455 BTC.
• Algorand (ALGO) traded up 0.2% against the dollar and now trades at $0.20 or 0.00000310 BTC.
• Akash Network (AKT) traded 0.3% higher against the dollar and now trades at $4.39 or 0.00006896 BTC.
• Theta Fuel (TFUEL) traded up 3.9% against the dollar and now trades at $0.11 or 0.00000176 BTC.

Kava Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,860,352 tokens. The official website for Kava is www.kava.io. Kava’s official message board is medium.com/kava-labs. 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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView