Kava (KAVA) Price Reaches $0.41 on Major Exchanges

Kava (KAVA) traded up 3% against the U.S. dollar during the 24-hour period ending at 18:00 PM E.T. on July 15th. Kava has a market capitalization of $444.47 million and $11.44 million worth of Kava was traded on exchanges in the last day. One Kava token can now be bought for approximately $0.41 or 0.00000645 BTC on exchanges. During the last week, Kava has traded 9.5% higher against the U.S. dollar.

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

• Avalanche (AVAX) traded 4.6% higher against the dollar and now trades at $27.39 or 0.00043057 BTC.
• NEAR Protocol (NEAR) traded 9% higher against the dollar and now trades at $5.85 or 0.00009188 BTC.
• Internet Computer (ICP) traded 10.1% higher against the dollar and now trades at $9.56 or 0.00015023 BTC.
• Hedera (HBAR) traded 10.1% higher against the dollar and now trades at $0.0786 or 0.00000124 BTC.
• Cronos (CRO) traded 2.6% higher against the dollar and now trades at $0.0950 or 0.00000149 BTC.
• Cosmos (ATOM) traded 2.8% higher against the dollar and now trades at $6.38 or 0.00010034 BTC.
• Fetch.ai (FET) traded up 12.7% against the dollar and now trades at $1.38 or 0.00002176 BTC.
• Algorand (ALGO) traded up 3% against the dollar and now trades at $0.16 or 0.00000246 BTC.
• Akash Network (AKT) traded up 4.7% against the dollar and now trades at $3.62 or 0.00005699 BTC.
• Theta Fuel (TFUEL) traded up 3.4% against the dollar and now trades at $0.0718 or 0.00000113 BTC.

Kava Profile

Kava uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,856,129 tokens. 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. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible 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 possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to acquire Kava should first buy 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 buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView