Kava (KAVA) Trading 1.3% Higher This Week

Kava (KAVA) traded 1.5% higher against the dollar during the 1 day period ending at 19:00 PM Eastern on May 5th. One Kava token can currently be bought for approximately $0.69 or 0.00001084 BTC on exchanges. In the last seven days, Kava has traded up 1.3% against the dollar. Kava has a market cap of $750.65 million and $11.63 million worth of Kava was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Avalanche (AVAX) traded 0.5% higher against the dollar and now trades at $37.42 or 0.00058485 BTC.
• NEAR Protocol (NEAR) traded up 9% against the dollar and now trades at $7.49 or 0.00011702 BTC.
• Internet Computer (ICP) traded 1.3% lower against the dollar and now trades at $13.00 or 0.00020314 BTC.
• Hedera (HBAR) traded up 1.2% against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cosmos (ATOM) traded up 7.3% against the dollar and now trades at $9.32 or 0.00014568 BTC.
• Cronos (CRO) traded 0.6% lower against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Fetch.ai (FET) traded up 8.4% against the dollar and now trades at $2.35 or 0.00003668 BTC.
• Algorand (ALGO) traded 2.1% higher against the dollar and now trades at $0.20 or 0.00000308 BTC.
• Akash Network (AKT) traded 13.9% higher against the dollar and now trades at $4.88 or 0.00007650 BTC.
• Theta Fuel (TFUEL) traded 0.8% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.

Kava Token Profile

Kava uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,860,342 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 website is www.kava.io. 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.

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 currently 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 Coinbase, Gemini or Changelly. 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