JioSphere web browser users have started to notice the addition of JioCoin, a crypto token built on top of Ethereum Layer 2, and currently listed on Polygon Labs, a cryptocurrency platform. While there has been no official announcement from the company yet, many JioSphere users, both on Android and iOS devices, have begun to notice JioCoin on their smartphones. Let’s know about What is JioCoin and how can you earn it for free?
Jiocoin price
Although the official price of Jio Coin has not been disclosed, there is speculation that it could enter the market at about $0.5 (₹43.30) per token. The value of Jio Coin is anticipated to grow as it becomes more integrated with Jio’s services, such as JioMart and Reliance gas stations. Its potential uses extend beyond mere cryptocurrency transactions, aiming to encompass a wide range of services within the Jio network, like mobile recharges, shopping discounts, exclusive service access, and fuel payments.
Jio Coin launch date
Jio Coin is a new digital currency launched by Reliance Jio, aiming to make cryptocurrency accessible to the general public in India. Mukesh Ambani, India’s richest businessman, has partnered with Polygon Labs to promote blockchain and Web3 technologies through his company, Reliance Jio.
How to buy Jio Coin
Jio Coin cannot be purchased directly. To earn it, you need to use the JioSphere browser:
- Download the JioSphere browser on your Android or iOS device.
- Sign up using your Jio number.
- Click on the profile icon and select the ‘Jio Coin Wallet’ option.
- Once logged in, you can start earning tokens.
How to earn Jio Coin
To start earning JioCoin, users first must sign up for the JioCoins programme. This can be done through the profile section of the JioSphere app, which is available on Android, iOS, Windows, Mac, Android TV, and other platforms.
Now, once you have signed up for the JioCoins programme, you will automatically earn JioCoins whenever you use the JioSphere app to browse the web, watch videos, read articles, play games and so on.
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This is similar to how people earn points whenever they use credit cards.
Once you have collected enough JioCoins, you can redeem them. However, for now, details on the redeeming process haven’t been clearly explained by Jio. But it is expected that the JioCoins will be usable across various Jio services and that the users would be able to use them to recharge Jio mobile plans, pay for broadband connection as well as for some light grocery shopping on JioMart.