Kava (KAVA) 1-Day Volume Tops $190.09 Million

Kava (KAVA) traded up 26.6% against the US dollar during the 24 hour period ending at 13:00 PM ET on September 19th. Kava has a total market capitalization of $430.01 million and $190.09 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be bought for $0.40 or 0.00000625 BTC on popular cryptocurrency exchanges. During the last seven days, Kava has traded up 27% against the US dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Avalanche (AVAX) traded up 14.6% against the dollar and now trades at $26.43 or 0.00041617 BTC.
• NEAR Protocol (NEAR) traded up 12.1% against the dollar and now trades at $4.50 or 0.00007079 BTC.
• Internet Computer (ICP) traded up 6.9% against the dollar and now trades at $8.22 or 0.00012944 BTC.
• Cronos (CRO) traded up 5.5% against the dollar and now trades at $0.0829 or 0.00000131 BTC.
• Hedera (HBAR) traded 8.5% higher against the dollar and now trades at $0.0526 or 0.00000083 BTC.
• Cosmos (ATOM) traded 8.7% higher against the dollar and now trades at $4.55 or 0.00007165 BTC.
• Fetch.ai (FET) traded 15.6% higher against the dollar and now trades at $1.54 or 0.00002422 BTC.
• Algorand (ALGO) traded up 10.3% against the dollar and now trades at $0.13 or 0.00000209 BTC.
• Akash Network (AKT) traded 12.5% higher against the dollar and now trades at $2.71 or 0.00004283 BTC.
• Theta Fuel (TFUEL) traded up 8.1% against the dollar and now trades at $0.0631 or 0.00000099 BTC.

Kava Token Profile

KAVA uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,736 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. Kava’s official message board 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.”

Buying and Selling Kava

It is usually not presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. 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