The Kava crypto software protocol allows its users to lend and borrow assets using multiple cryptocurrencies without the need of a traditional financial intermediary. Kava is one of the many emerging DeFi (decentralized finance) projects but is based on Cosmos instead of Ethereum, which is the norm for others. According to the team, being based on Cosmos adds additional functionalities.
On Cosmos, users can lock up assets and borrow loans in USDX, a U.S. dollar-pegged stablecoin. Kava latches on that feature to manage the crypto assets Cosmos accepts, which then runs in programs on independent networks. Thus, users can borrow more assets, such as BNB, BTC, XRP, and others. Kava achieves this by allowing users to lock their assets in smart contracts, in return, borrowing USDX.
The Kava coin is KAVA. Users get rewarded KAVA when they mint USDX, and it is used as a governance token of the Kava network.
The fastest, most convenient way to purchase Kava is to purchase it on ICONOMI. We check Kava live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Kava by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Kava is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Kava, we recommend you read the next section, as copying might be a better approach.
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Kava in their structure.
Here you can read and comment on all posts made by Strategists about Kava KAVA. See all Kava price predictions in real time and make the best use of their crypto knowledge.
Been a while since the last update. While Green Power has suffered a lot in the 2022 crash and performed poorly in 2023 we have been outperforming $BTC in 2024 so far. Time for a rebalance!
Due to past and recent performance we're assigning a higher weight to $RUNE , $AR , $FTM , $AVAX and $NEAR . And we no longer believe in $EOS , $KAVA , $ALGO , $XTZ and $CAKE , so those have been removed.
$AAVE and $KAVA are showing lots of relative strength.
Defi technicals are improving all over the board. For long term holders: Defi is certainly a great place to invest. It's been beaten down way harder than other alts because it pumped earlier...
$CAKE is also looking interesting as a contrarian play.
I don't own $KAVA in my strategy but I think it's a good moment to take some profits to $BTC. Anything above 0,000135 in $BTC is ok. I sold 20% of my position and intend to sell more if we go higher.
A great time to do nothing: best investing strategy ever, besides adding to your position. Long $BTC , $ETH, $BNB , $LUNA , $AVAX , $RUNE , $AAVE ,$MANA , $GALA , $SOL , $FTT .
People who hold staking monster $KAVA should watch the $BTC value. It's rising and if it goes a little higher, it might be wise to start taking profits to $BTC .
