Kava Price Hits $0.62 on Top Exchanges (KAVA)

Kava (KAVA) traded 6% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on April 15th. One Kava token can currently be purchased for about $0.62 or 0.00000998 BTC on major cryptocurrency exchanges. During the last seven days, Kava has traded down 37.6% against the U.S. dollar. Kava has a total market cap of $671.67 million and approximately $28.93 million worth of Kava was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Avalanche (AVAX) traded 5.4% lower against the dollar and now trades at $33.90 or 0.00054551 BTC.
• Internet Computer (ICP) traded 6.3% lower against the dollar and now trades at $11.90 or 0.00019144 BTC.
• NEAR Protocol (NEAR) traded 6.8% lower against the dollar and now trades at $5.01 or 0.00008064 BTC.
• Cronos (CRO) traded down 7.9% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Cosmos (ATOM) traded down 4.5% against the dollar and now trades at $7.87 or 0.00012661 BTC.
• Hedera (HBAR) traded down 5.3% against the dollar and now trades at $0.0771 or 0.00000124 BTC.
• Fetch.ai (FET) traded down 8.8% against the dollar and now trades at $1.97 or 0.00003173 BTC.
• Algorand (ALGO) traded down 4.2% against the dollar and now trades at $0.17 or 0.00000268 BTC.
• Akash Network (AKT) traded 7.5% lower against the dollar and now trades at $3.56 or 0.00005623 BTC.
• Theta Fuel (TFUEL) traded 7% lower against the dollar and now trades at $0.0815 or 0.00000131 BTC.

Kava Profile

KAVA uses the hashing algorithm. Its launch date was 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 possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. 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