A Dummies Guide to Crypto Acronyms
A Dummies Guide to Crypto Acronyms

we’ve put together a ‘crib’ or ‘cheat sheet’ of the most commonly used acronyms, what they stand for, and what they actually mean. This will help to get you up to speed in no time.

Cash in on your fitness goals with Sweat Coin 
Cash in on your fitness goals with Sweat Coin 

If you like many people have pledged to get back into your fitness routine in 2023, Sweatcoin might be just the app to help you burn calories whilst bulking up your budget. 

BOTTOMS UP: Did Saylor FINALLY manage to buy the bottom? 
BOTTOMS UP: Did Saylor FINALLY manage to buy the bottom? 

On the 18th of December, Michael Saylor, announced that MicroStrategy has increased its Bitcoin holdings by another 2,500 BTC. This…

Nexo bows out of the US after facing regulatory scrutiny
Nexo bows out of the US after facing regulatory scrutiny

Popular Crypto lending lending platform Nexo has announced it’s withdrawal from the US in a blog post. This comes after months of negotiations with various state and federal regulators fell flat.

The short second life of Blockfi
The short second life of Blockfi

After getting a second lease on life back in July, the BlockFi cryptocurrency exchange has filed for chapter 11 bankruptcy protection. 

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Featured Coins
Stable Coins
Top Coins
Top Staking Rates
Meme Coins

Cosmos (ATOM)

Cosmos is a cryptocurrency that powers the Cosmos Network. ATOM tokenizes transactions and used for staking on the Cosmos Network. The Cosmos Network is a decentralized network of independent blockchains.
30.49% APR

Avalanche (AVAX)

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.
21.2% APR

Polygon (MATIC)

Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
21.12% APR

Polkadot (DOT)

Polkadot is a sharded protocol that enables blockchain networks to operate together. Polkadot is an open-source project founded by the Web3 Foundation. The Polkadot coin serves three distinct purposes: governance over the network, staking, and bonding.
20.18% APR

Terra (LUNA)

Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.
18.29% APR

Solana (SOL)

Solana is a single-chain, delegated-proof-of-stake protocol which focuses on delivering scalability without sacrificing decentralization.
13.21% APR

Cardano (ADA)

Cardano is a fully open source, decentralised public blockchain and cryptocurrency project. This smart contract platform seeks to allow complex programmable transfers in a secure and scalable fashion.
10.43% APR

Binance Coin (BNB)

Binance Coin is a cryptocurrency used to pay fees on the Binance cryptocurrency exchange.
12.99% APR

Bitcoin (BTC)

The world's first cryptocurrency built on distribution ledger (blockchain) with the proof-of-work mechanism.
8% APR

Ethereum (ETH)

Ethereum is the native currency that powers the Ethereum network which is a decentralized software platform enabling smart-contracts and DApps.
8% APR
Disclaimer: Featured Coins listed in order of relevance.

Tether (USDT)

Tether is a USD-pegged stablecoin, that is backed 100% by actual assets in the Tether platform’s reserve account. Each unit of USDT has a monetary value equal to $1 USD.
12% APR

USD Coin (USDC)

USDC is a fully backed US dollar stablecoin, created by Circle & Coinbase; and is powered by the Ethereum Network. It is traded on exchanges at a value of $1 USD. USDC is the bridge between dollars and trading on cryptocurrency exchanges.
12% APR

Dai (DAI)

Dai is a decentralized, collateral-backed cryptocurrency soft-pegged to the US dollar and powered by the Ethereum Network.
12% APR

Binance USD (BUSD)

Binance USD is a 1:1 USD-backed stable coin issued by Binance. Unlike other stable coins, BUSD is approved and regulated by the New York State Department of Financial Services (NYDFS).
10% APR
Disclaimer: Stable Coins listed in order of APR

Bitcoin (BTC)

The world's first cryptocurrency built on distribution ledger (blockchain) with the proof-of-work mechanism
8% APR

Ethereum (ETH)

Ethereum is the native currency that powers the Ethereum network which is a decentralized software platform enabling smart-contracts and DApps.
8% APR

Tether (USDT)

Tether is a USD-pegged stablecoin, that is backed 100% by actual assets in the Tether platform’s reserve account. Each unit of USDT has a monetary value equal to $1 USD.
12% APR

Binance Coin (BNB)

Binance Coin is a cryptocurrency used to pay fees on the Binance cryptocurrency exchange.
12.99% APR

USD Coin (USDC)

USDC is a fully backed US dollar stablecoin, created by Circle & Coinbase; and is powered by the Ethereum Network. It is traded on exchanges at a value of $1 USD. USDC is the bridge between dollars and trading on cryptocurrency exchanges.
12% APR
Disclaimer: Top Coins listed in order of market cap

Cosmos (ATOM)

Cosmos is a cryptocurrency that powers the Cosmos Network. ATOM tokenizes transactions and used for staking on the Cosmos Network. The Cosmos Network is a decentralized network of independent blockchains.
30.49% APR

Avalanche (AVAX)

Avalanche is the fastest smart contracts platform in the blockchain industry, as measured by time-to-finality, and has the most validators securing its activity of any proof-of-stake protocol.
21.2% APR

Polygon (MATIC)

Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security.
21.12% APR

Polkadot (DOT)

Polkadot is a sharded protocol that enables blockchain networks to operate together. Polkadot is an open-source project founded by the Web3 Foundation. The Polkadot coin serves three distinct purposes: governance over the network, staking, and bonding.
20.18% APR

Terra (LUNA)

Terra is a public blockchain protocol deploying a suite of algorithmic decentralized stablecoins which underpin a thriving ecosystem that brings DeFi to the masses.
18.29% APR
Disclaimer: Top staking rate coins listed in order of APR

Shiba Inu (SHIB)

SHIB is an experiment in decentralized spontaneous community building created under the SHIBA INU’s ecosystem. Users are allowed to hold billions or even trillions of them.
12.09% APR

Doge Coin (DOGE)

Dogecoin (DOGE) was created as a lighthearted alternative to traditional cryptocurrencies like Bitcoin in 2013. The name and Shiba Inu logo are based on a meme.
5% APR
Disclaimer: Meme coins listed in order of APR

FAQ's

Are cryptocurrency and Bitcoin the same? 

Bitcoin (BTC) is a type of cryptocurrency, and is the first, the OG, that started it all. 

What is cryptocurrency exactly? 

A cryptocurrency is a digital/virtual currency/asset that runs on decentralized systems that allow for secure online payments to be made. Cryptocurrency, specifically that of Bitcoin (BTC), came about off the back of the 2008 financial crisis, which saw a lot of people lose faith in traditional banking.

What are the 4 types of cryptocurrency? 

There are now thousands of different crypto currencies available, to mined, purchased, and or traded. With this said, crypto currency can be broken down into 4 key areas. These include that of DeFi, NFTs, utility tokens, and store of value coins. 

How much is a crypto coin worth? 

As with any commodity, whether it be crude oil, gold, or even tea (Earl Grey of course), a crypto coin is worth whatever someone else is willing to buy it for. Crypto currency prices are highly volatile, whether it be Bitcoin (BTC), Ethereum (ETH), or any other alt coin. 
 
Although coins can be held off exchange, they can’t be sold directly from “cold storage” such as a Ledger wallet, or a software based hot wallet such as Metamask, or Trust Wallet. Every exchange has its own pricing for a coin. As an example, the price of Bitcoin will differ from Binance, to Coinbase, to Crypto.com.  
 
With this in mind, although an indication of a coins price can be seen on Compare-staking.com, the live price should always be checked on the exchange of your choosing, before making a purchase, or sale. 

Stay tuned