Kava Tops 24 Hour Trading Volume of $19.67 Million (KAVA)

Kava (KAVA) traded up 5% against the dollar during the 1-day period ending at 12:00 PM E.T. on April 22nd. Kava has a total market capitalization of $804.97 million and approximately $19.67 million worth of Kava was traded on exchanges in the last day. In the last seven days, Kava has traded 13.6% higher against the dollar. One Kava token can now be bought for about $0.74 or 0.00001120 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed in the last day:

  • Avalanche (AVAX) traded 6.4% higher against the dollar and now trades at $39.28 or 0.00059162 BTC.
  • NEAR Protocol (NEAR) traded 14.8% higher against the dollar and now trades at $7.07 or 0.00010650 BTC.
  • Internet Computer (ICP) traded 0.3% lower against the dollar and now trades at $15.12 or 0.00022776 BTC.
  • Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.13 or 0.00000198 BTC.
  • Cosmos (ATOM) traded 3.3% higher against the dollar and now trades at $8.91 or 0.00013420 BTC.
  • Hedera (HBAR) traded up 0.6% against the dollar and now trades at $0.0902 or 0.00000136 BTC.
  • Fetch.ai (FET) traded 0.2% higher against the dollar and now trades at $2.43 or 0.00003662 BTC.
  • Algorand (ALGO) traded 3.6% higher against the dollar and now trades at $0.19 or 0.00000291 BTC.
  • Akash Network (AKT) traded 0.9% higher against the dollar and now trades at $4.00 or 0.00006061 BTC.
  • Theta Fuel (TFUEL) traded up 11.4% against the dollar and now trades at $0.11 or 0.00000159 BTC.

Kava Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,860,622 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. Kava’s official website is www.kava.io. The official message board for Kava is medium.com/kava-labs.

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 purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. 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.

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