Kava Price Reaches $0.68 on Exchanges (KAVA)

Kava (KAVA) traded up 3.8% against the dollar during the 1 day period ending at 8:00 AM E.T. on April 19th. Kava has a market cap of $738.75 million and approximately $22.25 million worth of Kava was traded on exchanges in the last 24 hours. Over the last week, Kava has traded 26.3% lower against the dollar. One Kava token can now be bought for about $0.68 or 0.00001050 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1.1% higher against the dollar and now trades at $35.47 or 0.00054577 BTC.
• Internet Computer (ICP) traded 11.2% higher against the dollar and now trades at $13.55 or 0.00020850 BTC.
• NEAR Protocol (NEAR) traded 1.3% lower against the dollar and now trades at $5.68 or 0.00008739 BTC.
• Cronos (CRO) traded up 1.8% against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Cosmos (ATOM) traded up 1.3% against the dollar and now trades at $8.29 or 0.00012752 BTC.
• Hedera (HBAR) traded up 3% against the dollar and now trades at $0.0832 or 0.00000128 BTC.
• Fetch.ai (FET) traded up 6.8% against the dollar and now trades at $2.13 or 0.00003272 BTC.
• Algorand (ALGO) traded up 1.7% against the dollar and now trades at $0.17 or 0.00000269 BTC.
• Akash Network (AKT) traded up 1.5% against the dollar and now trades at $3.90 or 0.00006004 BTC.
• Theta Fuel (TFUEL) traded 2.5% higher against the dollar and now trades at $0.0872 or 0.00000134 BTC.

Kava Profile

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,860,622 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. Kava’s official message board is medium.com/kava-labs. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. 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.”

Kava Token Trading

It is usually not currently 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 GDAX, Coinbase or Changelly. 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