Kava Trading 5.6% Higher Over Last 7 Days (KAVA)

Kava (KAVA) traded up 3.2% against the dollar during the 24 hour period ending at 9:00 AM ET on July 11th. Kava has a market cap of $428.84 million and approximately $10.34 million worth of Kava was traded on exchanges in the last 24 hours. One Kava token can currently be purchased for approximately $0.40 or 0.00000675 BTC on major cryptocurrency exchanges. In the last seven days, Kava has traded 5.6% higher against the dollar.

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

• Avalanche (AVAX) traded down 1.5% against the dollar and now trades at $26.07 or 0.00044428 BTC.
• NEAR Protocol (NEAR) traded 6.9% higher against the dollar and now trades at $4.93 or 0.00008403 BTC.
• Internet Computer (ICP) traded up 4.8% against the dollar and now trades at $7.59 or 0.00012944 BTC.
• Hedera (HBAR) traded up 1.4% against the dollar and now trades at $0.0678 or 0.00000116 BTC.
• Cosmos (ATOM) traded up 1.9% against the dollar and now trades at $6.11 or 0.00010411 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.0862 or 0.00000147 BTC.
• Fetch.ai (FET) traded 0.8% higher against the dollar and now trades at $1.22 or 0.00002078 BTC.
• Algorand (ALGO) traded 2.7% higher against the dollar and now trades at $0.14 or 0.00000242 BTC.
• Akash Network (AKT) traded 0.5% lower against the dollar and now trades at $3.51 or 0.00005954 BTC.
• Theta Fuel (TFUEL) traded 1.7% higher against the dollar and now trades at $0.0676 or 0.00000115 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. Its launch date was November 5th, 2019. Kava’s total supply is 1,082,856,129 tokens. Kava’s official message board is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. 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.

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 acquire Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Changelly, GDAX or Coinbase. 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