Kava Price Hits $0.48 on Major Exchanges (KAVA)

Kava (KAVA) traded up 0% against the dollar during the 1-day period ending at 7:00 AM E.T. on February 14th. One Kava token can now be purchased for $0.48 or 0.00000501 BTC on popular cryptocurrency exchanges. Kava has a market capitalization of $524.83 million and approximately $15.96 million worth of Kava was traded on exchanges in the last 24 hours. In the last seven days, Kava has traded up 3.2% against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded up 1.5% against the dollar and now trades at $25.99 or 0.00026862 BTC.
• Hedera (HBAR) traded up 2.7% against the dollar and now trades at $0.23 or 0.00000239 BTC.
• NEAR Protocol (NEAR) traded 5.7% higher against the dollar and now trades at $3.48 or 0.00003600 BTC.
• Internet Computer (ICP) traded 0.9% higher against the dollar and now trades at $7.19 or 0.00007435 BTC.
• Algorand (ALGO) traded up 1.9% against the dollar and now trades at $0.30 or 0.00000306 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0912 or 0.00000094 BTC.
• Fetch.ai (FET) traded up 3.6% against the dollar and now trades at $0.81 or 0.00000834 BTC.
• Cosmos (ATOM) traded 1.8% lower against the dollar and now trades at $4.91 or 0.00005072 BTC.
• Akash Network (AKT) traded 1% higher against the dollar and now trades at $1.92 or 0.00001980 BTC.
• Theta Fuel (TFUEL) traded 1.8% higher against the dollar and now trades at $0.0496 or 0.00000051 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,808 tokens. The official website for Kava is www.kava.io. 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.

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 buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. 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