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In the developed crypto & blockchain world, focusing on one cryptocurrency is becoming a task due to simultaneously changing prices, values, investments. To beat the heat in the crypto world, India’s Reliance has launched their Jio Coin. The market is compiled with broad news focusing on expansion of Reliance jio coin and taking over bitcoin in India. To resolve these queries and open the curtains, we have enclosed detailed analysis covering expansion, sharing, investment ideas, current price, and more. Let’s join us on the journey to show the future of India’s Trading.

What Is A Jio Coin?

Jio Coin is crafted by Reliance Industries which is a renowned Indian Organisation. Reliance has launched this coin plan to make its customers feel worthy with rewards & loyalty programs. Jio Coin is based on blockchain based token which is now accessible only in the Jio atmosphere. There are also reports advising that Jio might expand this program to their own platforms like MyJio, Jio Cinema, Jio Mart, Jio TV, and others. Consumers can earn Jio Coin via several activities. Moreover, Jio Coins are not currently present for direct trading usage. Hence, it can be summarised as a reward generating solution that has chances to grow like bitcoin.

But, let us clear the fact to you that it is not a bitcoin due to its non-transferable and non-listing property. Thus, it is just like a reward point that can be earned with the help of Jiosphere, Reliance’s own web browser. The digital coin can help consumers to make their purchases such as outfit purchase, mobile recharges, and more via Jio platforms.

what is jio coin

Earn Jio Coin?

The jio coins can be earned from JioSphere application by following further listed steps:

Download

Search Jiosphere on application downloading stores such as Google play store, app store, etc

Step 01

Register

Once the application is downloaded, register yourself with an Indian registered number. As only it will be applicable for the registration.

Step 02

Visit Profile

Now that your registration is completed, click on the top left profile icon

Step 03

Tap On Coin

Once it is done, tap on out for the Jio Coin.

Step 04

Earn Coin

Users can enroll themselves in coin program and every time, you will use jiosphere web browser, you will receive Jio Coins.

Step 05

Benefits Of Reliance
Jio Coin

This initiative is taken in terms of better collaboration of blockchain and reward programs in order to enrich consumer engagement as well. Reliance Jio Coin has numerous advantages such as No money is invested, no listing to cryptocurrency list, and more. Hence, we are enlisting some of the unheard benefits of the coin:

It is far better than a typical cryptocurrency. Although it’s not a cryptocurrency as of now, Jio Coin is initially created as a reward via Jio’s own applications. For instance, they offer the best ways to directly earn rewards by using Jio Applications.

Consumers are not required to transfer or withdraw any Join Coin. They can be directly used to apply Coins while shopping via Reliance Industries platforms. Such as Reliance Trends, Jio Mart, and others, users can simply avail these coins while using the platforms.

Reliance Coins can be applied for doing mobile recharges. For instance, customers can use these coins for mobile recharges without any money being involved in it.

Jio Partners have been involved with Polygon Industries and based on Web3 and Blockchain technology to maintain trust of users which clearly shows chances of Jio coin ruling in the crypto market.

Some Important Points

When Is Reliance Jio Coin Cryptocurrency Launched?

Reliance’s tech subsidiaries, Jio Platforms has collaborated with Polygon Labs which is an internet technology company using Ethereum Layer 2 and web3 technology. Polygon Labs Polygon Labs reoffers the value of the internet to its users by creating a strong network of open source protocols that serve unified liquidity, unlimited scalability and interoperability for users. Thus, their collaboration on launching Reliance Jio Coin Cryptocurrency will be completed in 2025. The coin is going to be launched very soon as per the market news most probably, this will be produced in February 2025 only. In one of the reports of CoinDCX, Reliance Industries has made a smooth plan to integrate blockchain technology with reward programs.

How To Use Money From Jio Coin Wallet?

Total number of jio coins earned by you with the usage of Jiosphere will be credited in your Jio Coin Wallet. These earned coins can be used for online shopping on all the Jio platforms. For instance, you will be surfing Jiosphere and then visiting any Reliance Shopping store. After selecting your purchase during the payment window, these coins can be used to complete your purchase.

Summarised Ideas

Jio Coin is designed and crafted by Reliance Industries under their Jio Platforms segment. With their collaboration with Polygon Labs which is one of the finest industries to develop their solutions for blockchain technology. Thus, Jio Coin is a collaborative solution created by Jio & Polygon. The item is not yet in the market but, going to be launched in February 2025. With an estimated opening price of INR 43.30, Jiocoin is going to be increased by INR 50 Lakhs by 2035. There are higher chances of Jio’s coin to be an Indian cryptocurrency but as of now, it is not listed under any crypto legality. Thus, it is just a reward earning item.

How Much is the Jio Coin price in India?

The internet is ruling with rumors on the development of Jio Coin and its increasing price in India. Though it has not yet launched, the suggested price is INR 43.3 ($0.50). There are multiple speculations on this statement and people are making it curious for others. Hence, there are headlines that Jio Coin Price In India will reach double once it is launched due to the market value and popularity. Regarding Jio Coin’s cryptocurrency benefit, as per the government of India there would be deduction of 30% tax + 1% TDS Deduction. As the Indian Government doesn’t take it as a legal tender.

Can 1 Jio Coin Price In India Decrease Bitcoin Price?

There are assumptions on social media that 1 Jio Coin Price in India will surely decrease bitcoin price and its value. As of now bitcoin is going to be nearly 90 Lakhs meanwhile, Jio’s coin is currently in two digits which would be increased once it is launched. Hence, there are chances that by 2035 1 Jio Coin Price will reach INR 50 Lakhs. As of February 2025, consumers can simply register their identity for the Jio Coin program and earn them to use for online spends via Jio’s own platforms. With its top popularity, it can reach as a proper cryptocurrency after enlisting under Blockchain operations.

Is Jio Coin Value Going To Be Higher Than Bitcoin?

Bitcoin price as of 06 February 2025 is INR 85, 67,898/-. On the other hand, Jio Coin values INR 43.30 which is quite small in front of Bitcoin’s recent price. There are higher chances of growing Jiocoin price in India due to amazing company value. People over the internet are quite curious to invest in jio coin on its launch as a cryptocurrency. Though, till now it is just a reward earning way that can be added in the account as a cashback. Once it is listed in cryptocurrency, India’s trading market will be changed completely. According to the Make In India scheme, people are more influenced to use only nationally built items. This is another reason for its huge popularity. Also, Reliance’s fan base and trust will be a major reason for increasing Jio Coin Price in INR on its launch in February 2025.