Kava (KAVA) Hits 24 Hour Volume of $35.77 Million

Kava (KAVA) traded up 1.6% against the dollar during the one day period ending at 7:00 AM ET on January 5th. Kava has a market cap of $609.52 million and approximately $35.77 million worth of Kava was traded on exchanges in the last 24 hours. Over the last seven days, Kava has traded 18.5% higher against the dollar. One Kava token can currently be purchased for approximately $0.56 or 0.00000576 BTC on major exchanges.

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

• Avalanche (AVAX) traded up 0.8% against the dollar and now trades at $41.79 or 0.00042748 BTC.
• Hedera (HBAR) traded 2.1% lower against the dollar and now trades at $0.30 or 0.00000307 BTC.
• NEAR Protocol (NEAR) traded down 1.5% against the dollar and now trades at $5.70 or 0.00005833 BTC.
• Internet Computer (ICP) traded down 2.3% against the dollar and now trades at $11.97 or 0.00012242 BTC.
• Cronos (CRO) traded 1.8% lower against the dollar and now trades at $0.16 or 0.00000164 BTC.
• Fetch.ai (FET) traded 0.6% lower against the dollar and now trades at $1.48 or 0.00001512 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.40 or 0.00000410 BTC.
• Cosmos (ATOM) traded 0.5% lower against the dollar and now trades at $7.27 or 0.00007432 BTC.
• Akash Network (AKT) traded down 1.9% against the dollar and now trades at $3.37 or 0.00003453 BTC.
• Theta Fuel (TFUEL) traded up 0.4% against the dollar and now trades at $0.0681 or 0.00000070 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,853,845 tokens. Kava’s official message board 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. 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 buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to acquire Kava should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Kava using one of the aforementioned exchanges.

KAVA/USD price chart by TradingView