Kava Price Tops $0.68 on Major Exchanges (KAVA)

Kava (KAVA) traded 0.1% lower against the U.S. dollar during the 24 hour period ending at 14:00 PM ET on May 4th. One Kava token can now be purchased for $0.68 or 0.00001075 BTC on popular exchanges. Kava has a total market capitalization of $739.40 million and approximately $10.21 million worth of Kava was traded on exchanges in the last 24 hours. In the last seven days, Kava has traded 2.8% lower against the U.S. dollar.

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

• Avalanche (AVAX) traded up 3.1% against the dollar and now trades at $36.52 or 0.00057484 BTC.
• NEAR Protocol (NEAR) traded 0.8% higher against the dollar and now trades at $6.85 or 0.00010784 BTC.
• Internet Computer (ICP) traded down 4% against the dollar and now trades at $13.26 or 0.00020866 BTC.
• Hedera (HBAR) traded 3.5% lower against the dollar and now trades at $0.11 or 0.00000172 BTC.
• Cronos (CRO) traded down 0.1% against the dollar and now trades at $0.13 or 0.00000211 BTC.
• Cosmos (ATOM) traded down 0.7% against the dollar and now trades at $8.77 or 0.00013803 BTC.
• Fetch.ai (FET) traded 1.4% higher against the dollar and now trades at $2.17 or 0.00003418 BTC.
• Algorand (ALGO) traded up 1.1% against the dollar and now trades at $0.19 or 0.00000305 BTC.
• Akash Network (AKT) traded up 2.5% against the dollar and now trades at $4.31 or 0.00006790 BTC.
• Theta Fuel (TFUEL) traded up 4.8% against the dollar and now trades at $0.11 or 0.00000173 BTC.

Kava Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,860,342 tokens. Kava’s official website 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. The official message board for Kava 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.”

Kava Token Trading

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 Gemini, GDAX 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