Kava Price Hits $0.48 on Major Exchanges (KAVA)

Kava (KAVA) traded 0% higher against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on February 14th. Kava has a market capitalization of $524.83 million and $15.96 million worth of Kava was traded on exchanges in the last 24 hours. Over the last seven days, Kava has traded 3.2% higher against the U.S. dollar. One Kava token can now be bought for about $0.48 or 0.00000501 BTC on exchanges.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Avalanche (AVAX) traded 1.5% higher against the dollar and now trades at $25.99 or 0.00026862 BTC.
• Hedera (HBAR) traded 2.7% higher against the dollar and now trades at $0.23 or 0.00000239 BTC.
• NEAR Protocol (NEAR) traded 5.7% higher against the dollar and now trades at $3.48 or 0.00003600 BTC.
• Internet Computer (ICP) traded 0.9% higher against the dollar and now trades at $7.19 or 0.00007435 BTC.
• Algorand (ALGO) traded up 1.9% against the dollar and now trades at $0.30 or 0.00000306 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0912 or 0.00000094 BTC.
• Fetch.ai (FET) traded up 3.6% against the dollar and now trades at $0.81 or 0.00000834 BTC.
• Cosmos (ATOM) traded down 1.8% against the dollar and now trades at $4.91 or 0.00005072 BTC.
• Akash Network (AKT) traded up 1% against the dollar and now trades at $1.92 or 0.00001980 BTC.
• Theta Fuel (TFUEL) traded 1.8% higher against the dollar and now trades at $0.0496 or 0.00000051 BTC.

About Kava

Kava (KAVA) uses the hashing algorithm. Its genesis date was November 5th, 2019. Kava’s total supply is 1,082,853,808 tokens. 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. 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.

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 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 Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView