Kava (KAVA) Trading Down 0.6% This Week

Kava (KAVA) traded 5.2% higher against the US dollar during the 1-day period ending at 15:00 PM Eastern on September 9th. During the last week, Kava has traded 0.6% lower against the US dollar. One Kava token can now be purchased for approximately $0.30 or 0.00000524 BTC on exchanges. Kava has a market cap of $322.87 million and approximately $7.87 million worth of Kava was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 5.2% against the dollar and now trades at $24.15 or 0.00042444 BTC.
• NEAR Protocol (NEAR) traded 8.7% higher against the dollar and now trades at $4.03 or 0.00007080 BTC.
• Internet Computer (ICP) traded up 5% against the dollar and now trades at $7.69 or 0.00013515 BTC.
• Cronos (CRO) traded up 2.3% against the dollar and now trades at $0.0796 or 0.00000140 BTC.
• Hedera (HBAR) traded 3.7% higher against the dollar and now trades at $0.0512 or 0.00000090 BTC.
• Cosmos (ATOM) traded 8.4% higher against the dollar and now trades at $4.06 or 0.00007135 BTC.
• Fetch.ai (FET) traded 12.6% higher against the dollar and now trades at $1.21 or 0.00002134 BTC.
• Algorand (ALGO) traded up 2.6% against the dollar and now trades at $0.13 or 0.00000225 BTC.
• Akash Network (AKT) traded up 7.4% against the dollar and now trades at $2.41 or 0.00004249 BTC.
• Theta Fuel (TFUEL) traded up 1.9% against the dollar and now trades at $0.0566 or 0.00000100 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,745 tokens. 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. Kava’s official message board is medium.com/kava-labs. 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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView