Kava Reaches 24 Hour Trading Volume of $16.38 Million (KAVA)

Kava (KAVA) traded 1.9% higher against the dollar during the 24-hour period ending at 8:00 AM Eastern on March 26th. Kava has a market cap of $530.75 million and approximately $16.38 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for approximately $0.49 or 0.00000557 BTC on major cryptocurrency exchanges. In the last seven days, Kava has traded down 1.8% against the dollar.

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

• Avalanche (AVAX) traded up 2.3% against the dollar and now trades at $22.87 or 0.00025987 BTC.
• Hedera (HBAR) traded 1% higher against the dollar and now trades at $0.20 or 0.00000227 BTC.
• NEAR Protocol (NEAR) traded up 1.5% against the dollar and now trades at $3.03 or 0.00003446 BTC.
• Internet Computer (ICP) traded up 3% against the dollar and now trades at $6.33 or 0.00007194 BTC.
• Cronos (CRO) traded up 2.6% against the dollar and now trades at $0.11 or 0.00000120 BTC.
• Cosmos (ATOM) traded 0.9% higher against the dollar and now trades at $4.94 or 0.00005610 BTC.
• Algorand (ALGO) traded up 2.4% against the dollar and now trades at $0.22 or 0.00000245 BTC.
• Fetch.ai (FET) traded up 2.1% against the dollar and now trades at $0.58 or 0.00000654 BTC.
• Akash Network (AKT) traded 0.3% lower against the dollar and now trades at $1.42 or 0.00001610 BTC.
• Theta Fuel (TFUEL) traded up 1.7% against the dollar and now trades at $0.0409 or 0.00000046 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,853,474 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. The official message board for Kava 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.”

Kava Token Trading

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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView