Kava Price Hits $0.73 on Top Exchanges (KAVA)

Kava (KAVA) traded up 8.6% against the U.S. dollar during the 24 hour period ending at 7:00 AM E.T. on December 4th. One Kava token can now be bought for about $0.73 or 0.00000753 BTC on popular exchanges. During the last week, Kava has traded 37.8% higher against the U.S. dollar. Kava has a total market cap of $785.81 million and approximately $91.60 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 4.4% higher against the dollar and now trades at $53.97 or 0.00056036 BTC.
• Hedera (HBAR) traded 10.3% lower against the dollar and now trades at $0.33 or 0.00000338 BTC.
• NEAR Protocol (NEAR) traded up 3.2% against the dollar and now trades at $7.63 or 0.00007925 BTC.
• Internet Computer (ICP) traded 4.2% higher against the dollar and now trades at $14.97 or 0.00015545 BTC.
• Cronos (CRO) traded up 5.8% against the dollar and now trades at $0.21 or 0.00000220 BTC.
• Fetch.ai (FET) traded up 1.6% against the dollar and now trades at $1.95 or 0.00002029 BTC.
• Algorand (ALGO) traded down 11.5% against the dollar and now trades at $0.52 or 0.00000542 BTC.
• Cosmos (ATOM) traded up 9% against the dollar and now trades at $10.55 or 0.00010954 BTC.
• Akash Network (AKT) traded up 4.5% against the dollar and now trades at $4.35 or 0.00004515 BTC.
• Theta Fuel (TFUEL) traded up 4.7% against the dollar and now trades at $0.0935 or 0.00000097 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,853,887 tokens. 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. Kava’s official message board is medium.com/kava-labs. Kava’s official website 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 buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. 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