Kava (KAVA) 1-Day Volume Hits $64.24 Million

Kava (KAVA) traded up 4.7% against the dollar during the 1-day period ending at 23:00 PM E.T. on October 15th. During the last seven days, Kava has traded up 12.7% against the dollar. Kava has a market cap of $404.00 million and approximately $64.24 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for about $0.37 or 0.00000556 BTC on popular exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded 3.5% lower against the dollar and now trades at $27.79 or 0.00041393 BTC.
• NEAR Protocol (NEAR) traded up 1.5% against the dollar and now trades at $5.01 or 0.00007468 BTC.
• Internet Computer (ICP) traded down 3.7% against the dollar and now trades at $8.04 or 0.00011977 BTC.
• Hedera (HBAR) traded up 3.2% against the dollar and now trades at $0.0566 or 0.00000084 BTC.
• Cronos (CRO) traded 0% lower against the dollar and now trades at $0.0783 or 0.00000117 BTC.
• Cosmos (ATOM) traded down 0.9% against the dollar and now trades at $4.48 or 0.00006670 BTC.
• Fetch.ai (FET) traded 1.3% lower against the dollar and now trades at $1.46 or 0.00002178 BTC.
• Algorand (ALGO) traded 1.1% lower against the dollar and now trades at $0.12 or 0.00000186 BTC.
• Akash Network (AKT) traded down 0.9% against the dollar and now trades at $2.52 or 0.00003785 BTC.
• Theta Fuel (TFUEL) traded down 0.9% against the dollar and now trades at $0.0620 or 0.00000092 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,682 tokens. 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 Twitter account is @kava_chain and its Facebook page is accessible here. The official message board for Kava 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 purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView