What is Kava Coin?
Kava Coin is a decentralized financial cryptocurrency consisting of borrowing and lending protocols using the Cosmos Coin platform. Kava blockchain technology has the function of designating cryptocurrency as a collateral asset and lending a pegging stable coin called USDX.
It links significant currencies such as Ethereum, Bitcoin, and Ripple to the Cosmos Coin Ecosystem so that users can issue cryptocurrency and apply magnification to existing assets to use as collateral functions. Users can deposit their virtual assets in the Kava network to receive Kava as compensation. In addition, depositing Kava Coins in the Kava blockchain allows users to act as validators of the network and gain direct participation in voting for blocks and operations on the Kava blockchain.
Who Founded Kava Coin?
The developer of Kava Coin is Brian Kerr. Brian Kerr is a young entrepreneur who once created and led Fnatic Gear, an e-sports accessory company. He made a network platform that can provide leverage to users using stablecoins, cryptocurrency, and bonds as underlying assets.
He is currently leading the overall growth and strategic direction of Kava Coin and is working as an advisor on various blockchain projects such as DMarket.io and Snowball. Also, co-founders and competent software developers, such as Scott Stuart and Ruaridh O’Donnell, provide the potential for more excellent in-depth technological development of the coin.
We Coin-Labs provides only objective information about Kava Coin.
Therefore, we are not responsible for the investment decision in Kava Coin and the resulting loss.
Kava Coin Basics
The primary characteristics of Kava Coin are as follows.
| Cryptocurrency Features | Kava Coin (KAVA) |
|---|---|
| Publisher or Developers | Kava Labs |
| Jurisdiction of Incorporation (Registration Number) | Cayman Islands |
| Symbol | KAVA |
| Platform | Kava Blockchain Network |
| Published Date (CMC Registration) | 2019-10-25 |
| Max Supply | No limit |
Investment Suitability of Kava Coin in 2023
The results of the Kava Coin investment suitability evaluation conducted by Coin-Labs are as follows.
| Investment Suitability Rating Items | Scores and Current Status |
|---|---|
| Company Activation Rate | 3.5 / 10.0 CAR |
| Communication Rate | 8 / 10.0 CR |
| Technology Transparency Rate | 5.1 / 10.0 TTR |
| Development Participation Rate | 6.1 / 10.0 DPR |
| Listing Status on the Top 4 Exchanges in Korea | Listed on 2 Exchanges |
| Listing Status on the World's Top 10 Exchanges | Listed on 8 Exchanges |
| Number of Available Pairs Worldwide | 98 Pairs |
| Market Cap of the Cryptocurrency | 490,082,403,316 KRW (Rank #93) |
The table above shows the result of investment suitability evaluation for Kava Coin.
More descriptions about the rating items can be found here.
Kava Coin Price
The price and recent trading volume of Kava Coin are as follows. (Data of 2023-01-27 17:00:25)
| Price Items | Price and Trading Volume of Kava Coin |
|---|---|
| Kava Coin Price | 1,253.570 KRW |
| Price Change 24h | -1.16% |
| Price Change 7d | -0.76% |
| Trading Volume 24h | 72,756,320,708 KRW |
| Trading Volume Change 24h | -3.79% |
Cryptocurrency Metadata
You can check the development status and social media information of Kava Coin through the links in the table below.
| Metadata Source | URL |
|---|---|
| 🌎 Official Website | https://www.kava.io/ |
| 📖 White Paper | https://docsend.com/view/gwbwpc3 |
| 🛰️ Source Code (GitHub) | https://github.com/kava-labs |
| https://twitter.com/KAVA_CHAIN | |
| https://reddit.com/r/kava_platform/ | |
| 🎺 Message Board | https://medium.com/kava-labs |
Korean Crypto Exchanges where Kava Coin is Listed
Korean crypto exchanges where Kava Coin is listed in 2023 are as follows.
| Top4 Exchanges | Listed Status | Page URL |
|---|---|---|
| Upbit | Listed | https://upbit.com/exchange?code=CRIX.UPBIT.KRW-KAVA |
| Coinone | Listed | https://coinone.co.kr/exchange/trade/kava/krw |
| Korbit | Not listed | |
| Bithumb | Not listed |
World Crypto Exchanges where Kava Coin is Listed
World crypto exchanges where Kava Coin is listed in 2023 are as follows.
| Top10 Exchanges | Listed Status | Page URL |
|---|---|---|
| Binance | Listed | https://www.binance.com/en/trade/KAVA_USDT |
| Huobi | Listed | https://www.huobi.com/en-us/exchange/kava_usdt |
| Coinbase | Not listed | |
| FTX | Not listed | |
| Kraken | Listed | https://trade.kraken.com/ko/charts/KRAKEN:KAVA-USD |
| KuCoin | Listed | https://www.kucoin.com/trade/KAVA-USDT |
| Bitfinex | Not listed | |
| Bithumb | Not listed | |
| Gate.io | Listed | https://www.gate.io/trade/kava_usdt |
| Bitstamp | Not listed |
Frequently Asked Questions
What is the current price of Kava Coin?
Kava Coin price today is 1,253.570 KRW. Furthermore, the price of Kava Coin has fluctuated by -1.16% from 24 hours ago, and by -0.76% from a week ago.
Where is Kava Coin listed?
Currently, it is listed on a total of 2 among the 4 largest exchanges in Korea, and is listed on a total of 8 among the world top 10 exchanges.
What is the market cap of Kava Coin now?
Currently, Kava Coin has a market cap of 490,082,403,316 KRW, which is ranking 93 among cryptocurrencies worldwide.
How much is the trade volume of Kava Coin?
Currently, 390,949,260 KAVA coins are circulating through 98 market pairs. As a result, in the last 24 hours, 72,756,320,708 KRW of KAVA coins were traded in the market.
