Kava Trading Up 10.5% Over Last Week (KAVA)

Kava (KAVA) traded 4.3% higher against the dollar during the one day period ending at 21:00 PM E.T. on August 12th. Over the last seven days, Kava has traded up 10.5% against the dollar. One Kava token can now be purchased for about $0.33 or 0.00000554 BTC on exchanges. Kava has a total market cap of $357.63 million and $10.91 million worth of Kava was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded up 3% against the dollar and now trades at $21.28 or 0.00035678 BTC.
• NEAR Protocol (NEAR) traded up 4.8% against the dollar and now trades at $4.07 or 0.00006828 BTC.
• Internet Computer (ICP) traded 5.9% higher against the dollar and now trades at $7.33 or 0.00012282 BTC.
• Cronos (CRO) traded up 0.2% against the dollar and now trades at $0.0884 or 0.00000148 BTC.
• Cosmos (ATOM) traded 1.8% higher against the dollar and now trades at $5.06 or 0.00008479 BTC.
• Hedera (HBAR) traded 0.2% higher against the dollar and now trades at $0.0537 or 0.00000090 BTC.
• Algorand (ALGO) traded 2.8% higher against the dollar and now trades at $0.12 or 0.00000201 BTC.
• Fetch.ai (FET) traded up 3.8% against the dollar and now trades at $0.86 or 0.00001444 BTC.
• Akash Network (AKT) traded up 0.3% against the dollar and now trades at $2.61 or 0.00004419 BTC.
• Theta Fuel (TFUEL) traded 3.1% higher against the dollar and now trades at $0.0578 or 0.00000097 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,772 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 possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Coinbase or GDAX. 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