There are a number of products and services available through the CEX.IO ecosystem that allows customers to interact with the decentralized economy. For instance, CEX.IO Bitcoin Exchange allows buying, selling, and trading of 80+ cryptocurrencies and constantly adding new assets.
Learn how to buy KAVA cryptocurrency with your card, trade, and exchange KAVA via the website and mobile app.
How it works?
What is the KAVA token and what benefits does it offer?
Kava.io is a decentralized finance (DeFi) platform that facilitates collateralized loans to users who own crypto assets.
Kava.io uses two cryptocurrencies. USDX is a stablecoin that users can use as collateral for crypto loans. It's also possible to take multiple loans and create synthetic leverage for any available asset in the network. And KAVA is the native blockchain governance token used for voting for project upgrades.
You can also earn a yield by minting USDX stablecoins. When tokens are minted, they can be deposited into the protocol's money market and provide liquidity to the exchange. In return, you’ll get the USDX reward.
If you’re interested in simple and fast crypto-backed loans, without credit scoring and long checks, CEX.IO got a solution.
Benefits of CEX.IO Loan
CEX.IO Loan is a service allowing you to borrow various virtual assets. Interest rates start at 8%. With a 7-day minimum repayment period, we can lend a minimum of USD 500 or EUR 500. Each currency's LTV varies between 30% and 60%.
It is possible to borrow up to 100,000 USD/EUR per loan. If you need to get a higher loan, get in touch with the customer service or your account manager.
Received fiat funds you can withdraw using any method available: bank transfer, instant credit card transactions, Skrill, Epay, Advcash.
Kava.io project and Cosmos blockchain
The Kava.io network is built on Cosmos blockchain, and operates with a proof-of-stake (PoS) consensus mechanism built on Tendermint. Its core is a system similar to MakerDAO with CDPs. Leveraging Cosmos zones Kava.io adds cryptocurrencies that run on a separate network (XRP and Bitcoin) to its liquidity pools.
By utilizing this technology, Kava.io allows users to deposit a wide range of assets, including Bitcoin (BTC), Binance Coin (BNB), and XRP.
However, on Kava.io you can only buy tokens using virtual currencies. In case you want to buy KAVA for USD or buy Bitcoin online using fiat funds, you need a crypto exchange like CEX.IO.
Where to buy KAVA token?
Thanks to the project’s reliability, KAVA is now accessible on many crypto exchanges. Still, the best choice of place where to buy KAVA is the CEX.IO crypto platform. And here is why.
CEX.IO is a multifunctional platform for buying, selling, trading, and exchanging cryptocurrencies. You can get KAVA for USD using your credit card or debit card, bank account, e-wallet. A wide range of available payment options simplifies your access to crypto DeFi projects, like Kava.io, and gives you more flexibility in crypto trading.
Beginners guide: How to buy KAVA with a credit card at CEX.IO?
To buy Ethereum with a credit or debit card, get KAVA tokens for fiat and trade 80+ digital assets on the reliable exchange, open an account at the CEX.IO platform. To proceed, do the following steps:
Provide your email and come up with the password;
Confirm your email via the letter you’ll get;
Link your credit or debit card (Visa or Mastercard) to your account;
Go through the verification process.
When done, go to the Instant buy to purchase crypto with your cars or visit the Trade page to study the price charts and trade crypto with market and limit orders.
Now, let’s find out how to buy KAVA tokens for fiat.
How to buy KAVA cryptocurrency via Instant buy?
Open the Buy/sell page and opt for KAVA in the dropdown menu. The current price is frozen for 120 seconds so you can buy crypto for the exact price you order and without slippage. Then, select the amount of KAVA you need, click on the Buy button, and you will see the receipt. Next, choose your linked card as a payment method and confirm a purchase.
The other way to buy KAVA is via the market order or limit order you can place on the Trade Page. Just find the KAVA to USD pair, opt for the preferred order type, and enter the amount of your trade. If you choose the market buy order, you’ll get KAVA immediately. And if you select a limit buy order, you can set the price at which you want it to be completed. Then wait when the market price reaches the rate you’ve set.
How to buy KAVA with a debit card via a mobile app?
CEX.IO mobile app allows you to buy, exchange, and trade KAVA on the go. All you need to do is install the app on your smartphone or tablet. If you have an account at CEX.IO, just enter your credentials, and they will synchronize the app with your website account.
How to make a card deposit in the CEX.IO mobile app?
CEX.IO lets you purchase cryptocurrencies using Visa or Mastercard debit/credit cards in just a few clicks.
You can use your card to deposit money or make instant purchases. To deposit fiat via the mobile app:
Go to the Wallet tab;
Select the currency you want to deposit;
Push Deposit and enter the amount of money you want to replenish your balance with;
Choose your linked card or add the new one;
Within minutes, you will receive an email confirmation from CEX.IO.
Other payment methods to buy crypto at CEX.IO
Apart from the debit and credit cards, you can opt for a bank transfer, like SWIFT. US residents can use ACH as a domestic transfer, Faster payments method is available for the UK, and Sepa works for the Europe region.
One more way to deposit money to your CEX.IO balance is an e-wallet. The platform supports Epay, Advcash, and Skrill payments.
Check the full list of supported countries, limits, and commissions before making a deposit.
How can I join the CEX.IO affiliate program?
Our platform offers you many opportunities to earn with crypto. Thus, by promoting CEX.IO through banners, landing pages, you can earn extra income. Our Affiliate Program allows you to earn interest rates from commissions on your referrals’ trades and purchases.
How to join the program?
Copy your referral link;
Share it with your friends, relatives, colleagues.
Select the landing page your visitors will be directed to or add banners to your blog or website.
Each day, you’ll receive the reward for the sum earned 30 days ago. These rewards are shared in USD.
Kava.io (KAVA) token FAQ
How to deposit KAVA to CEX.IO?
First of all, you need a verified CEX.IO account. If you’re not registered yet, you can open an account in a few minutes. Then, go to the Deposit page and choose KAVA as the currency of your transaction. You’ll see your personal KAVA wallet address on CEX.IO. Please, note that you must use the memo ID for the deposit as well. Without this element, your deposit will not be credited to your account.
What is the fastest way to sell KAVA?
To sell your KAVA tokens instantly, download the CEX.IO mobile app and go to the Buy/Sell tab. There you can sell BTC, ETH, ADA, and other digital currencies for USD in a few clicks. Choose the token you have on your balance, select the amount and click Sell. Your crypto will be exchanged then for fiat funds at the current market price. And fiat funds you get after selling your crypto can be withdrawn to your debit card or credit card.
Can I buy KAVA with BTC?
You can exchange your BTC for KAVA tokens at CEX.IO mobile app. Open the Exchange tab, select BTC and KAVA in the dropdown list. Then decide how much to spend. You can choose a part of your balance or enter the amount manually. Then confirm the operation and we’ll deduct BTC from your account and credit the KAVA equivalent. The Exchange option is available even for those currency combinations which are not presented on the Trade page.
Where can I check the price of KAVA?
On the crypto prices page, you can monitor and compare the current value of all digital currencies listed on CEX.IO. The prices are taken from the CEX.IO Trade page and reflected in relation to the US dollar. For example, the BTC price is shown in the relation of 1 BTC to USD. What’s more, you can check the 24-hours value in percent and market capitalization.