Kava Price Reaches $0.33 on Top Exchanges (KAVA)

Kava (KAVA) traded down 6.8% against the US dollar during the twenty-four hour period ending at 19:00 PM E.T. on October 31st. In the last seven days, Kava has traded 6.9% lower against the US dollar. One Kava token can now be purchased for $0.33 or 0.00000463 BTC on major exchanges. Kava has a market cap of $352.78 million and approximately $11.42 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 down 4.7% against the dollar and now trades at $24.98 or 0.00035498 BTC.
• NEAR Protocol (NEAR) traded 5.9% lower against the dollar and now trades at $4.06 or 0.00005774 BTC.
• Internet Computer (ICP) traded down 3.7% against the dollar and now trades at $7.84 or 0.00011137 BTC.
• Fetch.ai (FET) traded down 0.7% against the dollar and now trades at $1.29 or 0.00001832 BTC.
• Cronos (CRO) traded 3.4% lower against the dollar and now trades at $0.0730 or 0.00000104 BTC.
• Hedera (HBAR) traded down 5% against the dollar and now trades at $0.0463 or 0.00000066 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $4.24 or 0.00006023 BTC.
• Algorand (ALGO) traded 4.9% lower against the dollar and now trades at $0.11 or 0.00000163 BTC.
• Akash Network (AKT) traded 5.9% lower against the dollar and now trades at $2.35 or 0.00003338 BTC.
• Theta Fuel (TFUEL) traded 4.8% lower against the dollar and now trades at $0.0522 or 0.00000074 BTC.

Kava Profile

Kava (KAVA) uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,854,640 tokens. 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. 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 presently possible to purchase alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly 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