Kava Price Tops $0.28 (KAVA)

Kava (KAVA) traded 4.5% lower against the dollar during the 24-hour period ending at 0:00 AM ET on September 6th. Kava has a total market cap of $299.98 million and $6.93 million worth of Kava was traded on exchanges in the last day. During the last week, Kava has traded down 12.2% against the dollar. One Kava token can now be bought for approximately $0.28 or 0.00000515 BTC on major cryptocurrency exchanges.

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

• Avalanche (AVAX) traded 1.8% lower against the dollar and now trades at $21.26 or 0.00039514 BTC.
• NEAR Protocol (NEAR) traded down 4.1% against the dollar and now trades at $3.57 or 0.00006642 BTC.
• Internet Computer (ICP) traded down 3.2% against the dollar and now trades at $7.03 or 0.00013077 BTC.
• Cronos (CRO) traded down 2.5% against the dollar and now trades at $0.0758 or 0.00000141 BTC.
• Hedera (HBAR) traded 2.4% lower against the dollar and now trades at $0.0471 or 0.00000088 BTC.
• Cosmos (ATOM) traded 6% lower against the dollar and now trades at $3.69 or 0.00006855 BTC.
• Fetch.ai (FET) traded down 2.2% against the dollar and now trades at $1.05 or 0.00001957 BTC.
• Algorand (ALGO) traded 1.7% lower against the dollar and now trades at $0.12 or 0.00000218 BTC.
• Akash Network (AKT) traded down 2.4% against the dollar and now trades at $2.21 or 0.00004121 BTC.
• Theta Fuel (TFUEL) traded 0.5% lower against the dollar and now trades at $0.0534 or 0.00000099 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,748 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. Kava’s official message board 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.”

Buying and Selling Kava

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView