Kava (KAVA) Trading 3.8% Higher Over Last Week

Kava (KAVA) traded 2.7% lower against the U.S. dollar during the 1-day period ending at 16:00 PM ET on October 21st. One Kava token can now be bought for approximately $0.37 or 0.00000543 BTC on major exchanges. During the last week, Kava has traded up 3.8% against the U.S. dollar. Kava has a market cap of $398.59 million and $21.76 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 1.4% lower against the dollar and now trades at $27.86 or 0.00041115 BTC.
• NEAR Protocol (NEAR) traded down 1% against the dollar and now trades at $4.83 or 0.00007134 BTC.
• Internet Computer (ICP) traded down 2.2% against the dollar and now trades at $8.04 or 0.00011864 BTC.
• Cronos (CRO) traded 1% lower against the dollar and now trades at $0.0779 or 0.00000115 BTC.
• Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0540 or 0.00000080 BTC.
• Cosmos (ATOM) traded up 6.8% against the dollar and now trades at $4.93 or 0.00007275 BTC.
• Fetch.ai (FET) traded down 2.8% against the dollar and now trades at $1.40 or 0.00002065 BTC.
• Algorand (ALGO) traded 1.6% lower against the dollar and now trades at $0.13 or 0.00000187 BTC.
• Akash Network (AKT) traded down 2% against the dollar and now trades at $2.50 or 0.00003701 BTC.
• Theta Fuel (TFUEL) traded 2.2% lower against the dollar and now trades at $0.0614 or 0.00000091 BTC.

About Kava

KAVA uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,679 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. The official message board for Kava is medium.com/kava-labs. The official website for Kava 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 presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView