Kava Price Hits $0.45 on Exchanges (KAVA)

Kava (KAVA) traded 3.4% lower against the U.S. dollar during the one day period ending at 7:00 AM ET on January 25th. During the last seven days, Kava has traded down 7.6% against the U.S. dollar. Kava has a total market capitalization of $489.02 million and $24.07 million worth of Kava was traded on exchanges in the last day. One Kava token can now be purchased for $0.45 or 0.00000432 BTC on exchanges.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $35.49 or 0.00033913 BTC.
• Hedera (HBAR) traded down 2.3% against the dollar and now trades at $0.33 or 0.00000317 BTC.
• NEAR Protocol (NEAR) traded 3.1% lower against the dollar and now trades at $4.93 or 0.00004715 BTC.
• Internet Computer (ICP) traded 2.9% lower against the dollar and now trades at $9.06 or 0.00008662 BTC.
• Cronos (CRO) traded 3.6% lower against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded down 3.8% against the dollar and now trades at $0.40 or 0.00000383 BTC.
• Fetch.ai (FET) traded down 3.9% against the dollar and now trades at $1.20 or 0.00001149 BTC.
• Cosmos (ATOM) traded down 0.8% against the dollar and now trades at $6.21 or 0.00005931 BTC.
• Akash Network (AKT) traded 4.2% lower against the dollar and now trades at $2.74 or 0.00002623 BTC.
• Theta Fuel (TFUEL) traded 0.8% higher against the dollar and now trades at $0.0625 or 0.00000060 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,853,819 tokens. 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. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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 U.S. dollars. Investors seeking to trade Kava should first purchase 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 purchase Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView