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KAVA
Kava.io
$0.00000000AUD
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Sell Kava.io KAVA

Kava is based on Cosmos and uses a Proof-of-Stake (PoS) consensus method based on Tendermint. By offering stablecoins and decentralised financing against all significant cryptocurrencies, Kava hopes to become the default DeFi platform. Kava is based on a concept similar to MakerDAO's CDPs, but it uses Cosmos' zones to add cryptocurrencies running on independent networks like XRP. KAVA and USDX (Kava's stablecoin) are the two significant tokens used by Kava. Aside from its stablecoin USDX, Kava has a governance token, KAVA, which is staked in-network validator bonding curves. It's also utilised when Kava is acting as a last-resort lender. There are three main use-cases for the platform: 1) By securing collateral through a smart contract, users can withdraw USDX, Kava's stablecoin. 2) Users can take positions on USDX for a profit. 3) Users can construct synthetic leverage for any supported crypto assets by taking out a series of collateralised loans. It is conceivable, for example, to lock XRP and mint USDX to acquire XRP, resulting in a leveraged long position on XRP.

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Frequently Asked Questions (FAQs)

The Kava.io price is $0.7016771 AUD, representing a +2.14% from the day prior.

Yes - you can easily buy and sell Kava.io (KAVA) on Coinstash. Simply login or sign up, to start buying Kava.io (KAVA) in minutes.

The best place to buy Kava.io (KAVA) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Kava.io (KAVA) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.

The trading volume of Kava.io (KAVA) is $39.3M AUD in the last 24hrs, representing a +2.14% from the day prior.

Kava.io (KAVA) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.

The current market cap of Kava.io (KAVA) is $766.8M AUD.

Yes - With Coinstash you can convert your Kava.io (KAVA) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.

The current circulating supply of Kava.io (KAVA) is 1.1B.

Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Kava.io (KAVA) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices here.

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