Kava Price Tops $0.68 on Major Exchanges (KAVA)

Kava (KAVA) traded down 0.1% against the U.S. dollar during the twenty-four hour period ending at 14:00 PM Eastern on May 4th. One Kava token can now be purchased for approximately $0.68 or 0.00001075 BTC on popular cryptocurrency exchanges. Kava has a total market cap of $739.40 million and approximately $10.21 million worth of Kava was traded on exchanges in the last day. In the last seven days, Kava has traded down 2.8% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $36.52 or 0.00057484 BTC.
• NEAR Protocol (NEAR) traded up 0.8% against the dollar and now trades at $6.85 or 0.00010784 BTC.
• Internet Computer (ICP) traded down 4% against the dollar and now trades at $13.26 or 0.00020866 BTC.
• Hedera (HBAR) traded 3.5% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cronos (CRO) traded 0.1% lower against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded down 0.7% against the dollar and now trades at $8.77 or 0.00013803 BTC.
• Fetch.ai (FET) traded 1.4% higher against the dollar and now trades at $2.17 or 0.00003418 BTC.
• Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.19 or 0.00000305 BTC.
• Akash Network (AKT) traded 2.5% higher against the dollar and now trades at $4.31 or 0.00006790 BTC.
• Theta Fuel (TFUEL) traded up 4.8% against the dollar and now trades at $0.11 or 0.00000173 BTC.

About Kava

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,860,342 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 presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView