Pionex.US Lists XDC with XDC/USDT and XDC/USD Pairs, Launches Zero‑Fee Campaign
Pionex.US has listed XDC (XDC Network) and opened XDC/USDT and XDC/USD spot markets for U.S. users. To support the listing, the exchange launched a limited campaign (Dec 2–17) offering zero-fee USDC deposits/withdrawals via the XDC chain, a 0.1% swap incentive for USDT→USDC (capped within a $1,000,000 reward pool), and 0.1% cashback on an XDC credit card for users holding >30,000 USDC on-platform. Campaign rewards will be credited by Dec 30; the exchange may disqualify abusive accounts. The listing extends XDC availability alongside existing U.S. venues such as Binance.US and Kraken, though initial price reaction was muted — XDC traded near $0.05, down ~1.3% over 24 hours at press time. The XDC Network, launched in 2019, uses a delegated proof-of-stake (XDPoS) consensus and targets on-chain trade-finance settlement, stablecoin transfers, tokenized receivables, and smart-contract use cases. The promotion aims to grow liquidity and stablecoin activity on the XDC chain and broaden regulated access points for on-chain settlement assets.
Neutral
The listing and promotional incentives increase accessibility and short-term liquidity for XDC by adding U.S. trading pairs and encouraging stablecoin flows on the XDC chain. Zero-fee USDC transfers and swap/cashback incentives may boost on-chain activity and order-book depth during the campaign window. However, similar listings historically produce mixed price effects: while incentives can temporarily raise volume, sustainable price appreciation depends on broader demand, market conditions, and long-term liquidity across venues. The article notes muted price reaction (XDC ~ $0.05, -1.3% 24h), suggesting limited immediate buying pressure. Therefore, the expected market impact is neutral: short-term upticks in volume and on-chain transfers are likely during the campaign, but lasting bullish price momentum is uncertain without continued demand or deeper liquidity. Traders should watch post-campaign liquidity retention, USDC flows on the XDC chain, and listings on other U.S. venues — if volume persists, the view could shift bullish; if volume falls back, the effect will be ephemeral.