Kava One Day Trading Volume Tops $4.96 Million (KAVA)

Kava (KAVA) traded up 4.4% against the US dollar during the 1 day period ending at 9:00 AM ET on September 9th. One Kava token can now be bought for approximately $0.30 or 0.00000532 BTC on popular exchanges. In the last seven days, Kava has traded down 0.3% against the US dollar. Kava has a total market cap of $319.52 million and $4.96 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 4.5% higher against the dollar and now trades at $23.70 or 0.00042721 BTC.
• NEAR Protocol (NEAR) traded 4.9% higher against the dollar and now trades at $3.88 or 0.00006992 BTC.
• Internet Computer (ICP) traded 2.9% higher against the dollar and now trades at $7.49 or 0.00013508 BTC.
• Cronos (CRO) traded 1.8% higher against the dollar and now trades at $0.0788 or 0.00000142 BTC.
• Hedera (HBAR) traded up 3.2% against the dollar and now trades at $0.0508 or 0.00000091 BTC.
• Cosmos (ATOM) traded up 7.3% against the dollar and now trades at $3.97 or 0.00007148 BTC.
• Fetch.ai (FET) traded 6.9% higher against the dollar and now trades at $1.16 or 0.00002089 BTC.
• Algorand (ALGO) traded up 1.3% against the dollar and now trades at $0.13 or 0.00000228 BTC.
• Akash Network (AKT) traded 4.4% higher against the dollar and now trades at $2.36 or 0.00004268 BTC.
• Theta Fuel (TFUEL) traded up 3.4% against the dollar and now trades at $0.0561 or 0.00000101 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,748 tokens. Kava’s official message board is medium.com/kava-labs. 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.

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 U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView