Kava Trading Down 2% Over Last 7 Days (KAVA)

Kava (KAVA) traded down 6.5% against the dollar during the one day period ending at 18:00 PM ET on August 27th. Kava has a market cap of $352.07 million and $9.74 million worth of Kava was traded on exchanges in the last day. One Kava token can currently be purchased for about $0.33 or 0.00000534 BTC on popular exchanges. Over the last seven days, Kava has traded down 2% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Avalanche (AVAX) traded 4.4% lower against the dollar and now trades at $24.93 or 0.00040978 BTC.
• NEAR Protocol (NEAR) traded 2.6% lower against the dollar and now trades at $4.68 or 0.00007691 BTC.
• Internet Computer (ICP) traded 2% lower against the dollar and now trades at $7.95 or 0.00013072 BTC.
• Cronos (CRO) traded down 3.4% against the dollar and now trades at $0.0824 or 0.00000135 BTC.
• Hedera (HBAR) traded 5.6% lower against the dollar and now trades at $0.0529 or 0.00000087 BTC.
• Cosmos (ATOM) traded 4.3% lower against the dollar and now trades at $4.69 or 0.00007711 BTC.
• Fetch.ai (FET) traded down 2.6% against the dollar and now trades at $1.30 or 0.00002141 BTC.
• Algorand (ALGO) traded 2.9% lower against the dollar and now trades at $0.13 or 0.00000215 BTC.
• Akash Network (AKT) traded 5.5% lower against the dollar and now trades at $2.76 or 0.00004472 BTC.
• Theta Fuel (TFUEL) traded 2.5% lower against the dollar and now trades at $0.0597 or 0.00000098 BTC.

Kava Token Profile

Kava (CRYPTO:KAVA) uses the hashing algorithm. It launched on November 5th, 2019. Kava’s total supply is 1,082,854,765 tokens. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here. The official message board for Kava is medium.com/kava-labs. 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 possible to purchase alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView