We begin the month of October this week, and enter into the final quarter of the year, and this week’s choices are set to benefit from significant developments and announcements that should strengthen their market positions and benefit their communities. The news should also result in increased amounts of attention to each respective currency over the coming weeks.

1. Binance Coin (BNB)

Binance Coin is a token used by the Binance exchange, and it enables customers to enjoy reduced fees when trading via BNB. In addition, it can be used to pay for exchange, withdrawal and listing fees, and for the first year, there was a 50% discount rate on trading fees, which dropped to 25% in the second year.

Why Binance Coin?

The team have recently announced that deposits of BTC, ETH, XRP, BCH, LTC, and USDT would be made available on Binance.US from Wednesday, September 18, 8am ET. They are also set to announce when trading goes live for specific pairs, and Binance.com has unveiled a new staking platform. Eight assets are currently supported including NEO, ONT, VET, XLM, KMD, ALGO, QTUM, and STRAT, and the platform will enable Binance users to receive monthly rewards and distributions by depositing and holding their funds on Binance. The move also allows users to engage in staking without needing to set up any nodes, or worry about other technical requirements.

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2. Zilliqa (ZIL)

Zilliqa is a high-throughput public blockchain platform that is designed to scale and incorporates a sharding technology that allows users to develop smart contracts and dApps directly on their platform. The project is seen as one of the most likely to solve the scaling issues that plague most blockchains, and makes use of a novel consensus protocol that increases transaction rates as the network expands with more transactions per second being processed as more mining nodes join the network.

Why Zilliqa?

The team recently announced the upgrade of the Zilliqa network to Version 5.0.0, which improves both smart contract execution and transaction processing across the network. They are also continuing to develop their platform’s Scilla (Smart Contract Intermediate Level Language) capabilities and have recently updated their Multisig Wallet, Compiled Scilla Backend, Nix package manager, and Scilla-to-Coq transpiler. With more Scilla enhancements expected in the near future, the Zilliqa team are continuing to develop their platform as outlined in their roadmap.

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3. ChainLink (LINK)

ChainLink allows smart contracts to interact with real world data and involves a network of decentralized oracles that link with blockchain APIs. Users can create cross-chain connectivity between their main smart contract and any other public or private chain, and send payments from their smart contract to existing bank accounts over widely used payment networks.

Why ChainLink?

The LINK token has been one of the year’s strongest performers and the team have entered into collaboration with the start-up branch of American tech giant Oracle. As a result, Oracle for Start-ups will co-develop the ChainLink commercial network with 50 qualified start-ups which will enable them to sell their data to Oracle’s 430,000 customers in 175 countries on the Oracle Blockchain Platform. The start-ups involved in this initiative were scheduled to be announced once the Oracle Code One conference held from September 16-19 commenced.

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How to buy ChainLink (LINK) on Binance?

How did the coins perform last week?

The seven day period led to poor results across the market and two of last week's coins to watch were no expection. BTC fell by 20% in value and is currently trading at around $7995. ICX fell by around 21% in value, and is currently trading at $0.15. On the other hand, LIT outperformed the market - the token grew by around 9% in value and is currently trading at $0.07. Over the course of the week, the cryptocurrency market plummeted in value and fell from $264B to $215B.