Kava Price Tops $0.0548 on Exchanges (KAVA)

Kava (KAVA) traded 1.5% higher against the U.S. dollar during the one day period ending at 12:00 PM Eastern on February 17th. One Kava token can now be purchased for $0.0548 or 0.00000081 BTC on popular exchanges. During the last week, Kava has traded 0.6% higher against the U.S. dollar. Kava has a total market capitalization of $59.36 million and $2.73 million worth of Kava was traded on exchanges in the last day.

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

• Cronos (CRO) traded 1.2% higher against the dollar and now trades at $0.0798 or 0.00000118 BTC.
• Hedera (HBAR) traded 2.2% higher against the dollar and now trades at $0.10 or 0.00000151 BTC.
• Avalanche (AVAX) traded up 0.6% against the dollar and now trades at $9.17 or 0.00013536 BTC.
• Internet Computer (ICP) traded 2.2% higher against the dollar and now trades at $2.41 or 0.00003560 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $1.04 or 0.00001542 BTC.
• Cosmos (ATOM) traded up 3.4% against the dollar and now trades at $2.31 or 0.00003408 BTC.
• Algorand (ALGO) traded 0.5% higher against the dollar and now trades at $0.0950 or 0.00000140 BTC.
• Fetch.ai (FET) traded up 0.3% against the dollar and now trades at $0.17 or 0.00000254 BTC.
• PayProtocol Paycoin (PCI) traded up 0.5% against the dollar and now trades at $0.0600 or 0.00000090 BTC.
• Theta Fuel (TFUEL) traded 0.7% higher against the dollar and now trades at $0.0150 or 0.00000022 BTC.

About Kava

Kava uses the hashing algorithm. It was first traded on November 4th, 2019. Kava’s total supply is 1,082,847,302 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The Reddit community for Kava is https://reddit.com/r/kava_platform/ and the currency’s Github account can be viewed here. The official message board for Kava is medium.com/kava-labs. 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.”

Buying and Selling Kava

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

KAVA/USD price chart by TradingView