Kava (KAVA) One Day Trading Volume Hits $3.94 Million

Kava (KAVA) traded down 5.3% against the U.S. dollar during the one day period ending at 11:00 AM Eastern on February 5th. One Kava token can now be bought for approximately $0.0602 or 0.00000085 BTC on major exchanges. Over the last seven days, Kava has traded 18.5% lower against the U.S. dollar. Kava has a total market cap of $65.17 million and $3.94 million worth of Kava was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Cronos (CRO) traded 7.9% lower against the dollar and now trades at $0.0768 or 0.00000109 BTC.
• Avalanche (AVAX) traded down 7% against the dollar and now trades at $9.31 or 0.00013216 BTC.
• Hedera (HBAR) traded 7% lower against the dollar and now trades at $0.0861 or 0.00000122 BTC.
• Internet Computer (ICP) traded 7.7% lower against the dollar and now trades at $2.50 or 0.00003555 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $1.11 or 0.00001573 BTC.
• Cosmos (ATOM) traded 4.2% lower against the dollar and now trades at $1.97 or 0.00002797 BTC.
• Algorand (ALGO) traded 8% lower against the dollar and now trades at $0.0980 or 0.00000139 BTC.
• Fetch.ai (FET) traded down 8.3% against the dollar and now trades at $0.17 or 0.00000239 BTC.
• PayProtocol Paycoin (PCI) traded 6.2% lower against the dollar and now trades at $0.0604 or 0.00000086 BTC.
• Theta Fuel (TFUEL) traded 7.2% lower against the dollar and now trades at $0.0146 or 0.00000021 BTC.

Kava Profile

KAVA uses the hashing algorithm. Its launch date was November 4th, 2019. Kava’s total supply is 1,082,847,303 tokens. The official website for Kava 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 message board is medium.com/kava-labs. Kava’s official Twitter account is @kava_chain and its Facebook page is accessible here.

According to CryptoCompare, “Kava Chain is a decentralized, permissionless, censorship-resistant blockchain built with the Cosmos SDK. This means it operates much like other Cosmos ecosystem blockchains, and is designed to be interoperable between chains. Learn more about Cosmos. Learn more about Kava.‍Kava Protocol is the set of rules and behaviors built into the Kava Chain that enables advanced Decentralized Finance (DeFi) functionality like permissionless borrowing and lending.‍The KAVA token is an asset on the Kava Chain. Kava Chain is secured by its token KAVA and it is used across the full chain as a transport and a store of value. It is given as a reward for minting USDX on the Kava app.Blockchain data provided by: ATOMScan (total supply)”

Buying and Selling Kava

It is usually not currently possible to buy alternative cryptocurrencies such as Kava directly using US dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Kava using one of the exchanges listed above.

KAVA/USD price chart by TradingView