Kava Price Hits $0.39 on Major Exchanges (KAVA)

Kava (KAVA) traded down 0.9% against the US dollar during the 24 hour period ending at 9:00 AM Eastern on September 28th. In the last seven days, Kava has traded 2.5% higher against the US dollar. One Kava token can currently be bought for approximately $0.39 or 0.00000592 BTC on major cryptocurrency exchanges. Kava has a total market capitalization of $419.69 million and $13.30 million worth of Kava was traded on exchanges in the last day.

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

• Avalanche (AVAX) traded 2.9% lower against the dollar and now trades at $29.22 or 0.00044621 BTC.
• NEAR Protocol (NEAR) traded down 2.7% against the dollar and now trades at $5.40 or 0.00008247 BTC.
• Internet Computer (ICP) traded up 0.8% against the dollar and now trades at $9.68 or 0.00014775 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.0863 or 0.00000132 BTC.
• Hedera (HBAR) traded 1% lower against the dollar and now trades at $0.0606 or 0.00000093 BTC.
• Cosmos (ATOM) traded 2.1% lower against the dollar and now trades at $5.00 or 0.00007640 BTC.
• Fetch.ai (FET) traded 3.7% lower against the dollar and now trades at $1.58 or 0.00002419 BTC.
• Algorand (ALGO) traded 3.5% lower against the dollar and now trades at $0.14 or 0.00000214 BTC.
• Akash Network (AKT) traded down 1.6% against the dollar and now trades at $2.95 or 0.00004509 BTC.
• Theta Fuel (TFUEL) traded 0.4% higher against the dollar and now trades at $0.0706 or 0.00000108 BTC.

About Kava

Kava uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,854,734 tokens. The official website for Kava is www.kava.io. 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. 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.”

Kava Token Trading

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