Kava One Day Trading Volume Hits $16.02 Million (KAVA)

Kava (KAVA) traded 3.5% lower against the dollar during the one day period ending at 17:00 PM ET on April 29th. One Kava token can currently be bought for approximately $0.67 or 0.00001071 BTC on major exchanges. Kava has a total market capitalization of $729.67 million and approximately $16.02 million worth of Kava was traded on exchanges in the last day. During the last week, Kava has traded down 9.1% against the dollar.

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

• Avalanche (AVAX) traded down 2% against the dollar and now trades at $34.28 or 0.00054467 BTC.
• NEAR Protocol (NEAR) traded 7% lower against the dollar and now trades at $6.73 or 0.00010694 BTC.
• Internet Computer (ICP) traded 4.8% lower against the dollar and now trades at $13.27 or 0.00021081 BTC.
• Hedera (HBAR) traded down 4.7% against the dollar and now trades at $0.10 or 0.00000161 BTC.
• Cronos (CRO) traded 3.5% lower against the dollar and now trades at $0.13 or 0.00000202 BTC.
• Cosmos (ATOM) traded down 3.1% against the dollar and now trades at $8.07 or 0.00012828 BTC.
• Fetch.ai (FET) traded down 6% against the dollar and now trades at $2.10 or 0.00003337 BTC.
• Algorand (ALGO) traded down 6% against the dollar and now trades at $0.19 or 0.00000296 BTC.
• Akash Network (AKT) traded 5.2% lower against the dollar and now trades at $4.26 or 0.00006773 BTC.
• Theta Fuel (TFUEL) traded 7.1% lower against the dollar and now trades at $0.10 or 0.00000166 BTC.

Kava Token Profile

Kava uses the hashing algorithm. It was first traded on November 5th, 2019. Kava’s total supply is 1,082,860,352 tokens. The official message board for Kava is medium.com/kava-labs. The official website for Kava 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.”

Kava Token Trading

It is usually not presently possible to buy alternative cryptocurrencies such as Kava directly using U.S. dollars. Investors seeking to trade Kava should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. 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