KAVA (Kava)

Kava is a cross-chain decentralized financial platform that provides mortgage loans and stable currency services for mainstream digital assets (BTC, XRP, BNB, ATOM, etc.).

How to buy KAVA (Kava) on Huobi?

Follow the easy 4 steps below to buy KAVA (Kava) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and KAVA (Kava) derivatives trading.

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What is KAVA (Kava)?

Kava is the first decentralized Layer 1 hub that supports cross-chain DeFi applications and services, and is committed to providing product applications and developers with permanent financial service infrastructure without barriers. The Kava CDP lending platform based on the Kava blockchain and the cross-chain currency market HARD Protocol are combined into a decentralized bank for digital assets, connecting users with products such as stablecoins, loans, and interest-bearing accounts, allowing users to use Digital assets gain more usage scenarios and value.

Kava is a Layer 1 DeFi hub where developers can leverage Kava’s security, cross-chain bridges, and adapted Chainlink oracles to quickly create new cross-chain DeFi applications and deploy them to Kava’s global user base.

Kava is built on the Cosmos SDK and runs on a Tendermint-based Proof of Stake (PoS) consensus mechanism. On the application side, Kava has created two applications, the lending platform CDP and the cross-chain currency market HARD Protocol, providing stable coins, loans and interest-bearing accounts, allowing users to use digital assets to obtain more usage scenarios and value.

The Kava ecosystem has three tokens, KAVA token, USDX stablecoin and HARD token, of which KAVA token is the native token of the Kava blockchain and is indispensable in the platform’s security, governance and mechanical functions. Users can pledge their crypto assets in exchange for Kava’s stable currency USDX. HARD Token is the governance token of HARD Protocol, used to incentivize early participants to participate in the continuous development and management of the product.

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