Mukesh Ambani’s Jio Coin has created a wave in the cryptocurrency arena. People have started to search and obtain India’s first crypto currency. Various reports say that some users started seeing the option of Jio coin on the app. It cannot be directly purchased. But the Jio coin is a blockchain-based digital coin issued by Reliance in partnership with Polygon Labs, a blockchain technology company. Although built on blockchain, Jio coin is not a cryptocurrency like Bitcoin and can’t be bought from crypto exchanges. It can be gained from Jio apps and services for free when users perform certain tasks.
Jio does new experiments with time. Recently Jio has introduced Jio Coin. With this, Jio has also entered the cryptocurrency market. Some users are also seeing the option of Jio Coin on the app. But you cannot go and buy it directly. Today we are going to tell you what to do to buy it and how you can earn money with its help. So let’s start-
How To Buy Jio Coin?
To Earn Jio Coin, JioSphere browser has to be used. Ensure you have the Jio app or JioSphere installed on your device, as Jio Coin is typically integrated within Jio’s ecosystem, specifically through JioSphere browser Sign up to this app with the help of Jio number. Click on the profile icon and select the Jio Coin Wallet option. After logging in, you can start earning tokens.
Also Read: Is JioCoin Already Live? User Claims Mukesh Ambani’s Cryptocurrency Is Here – Start Earning Now!
How Can You Earn
JioCoins can be earned by simply using the JioSphere web browser on your Android phone, iPhone, Windows PC, or MacBook. The more you browse, the greater your chances of earning additional JioCoins. While no official information has been released about how exactly you can accumulate JioCoins, various reports suggest you can buy them starting at a value of 0.5 USD or Rs. 43.30 per month. This means that even earning just 12 coins could yield over 500 INR. The value of JioCoin is expected to increase in the future as it integrates with other Jio apps.
Where Will Be The JioCoins Stored
There have been no official statements regarding this, but experts speculate that Jio Coins will be stored in the Jio Wallet section within the app. These coins are expected to be credited periodically as you browse websites, play games, and engage in other activities.
Where Can We Use These Coins
According to various reports, you can use the earnings from Jio Coin for recharge, shopping discounts etc…Apart from Jio Sphere, Jio Mart, Jio Cinema and My Jio apps will be used to earn coins.
Are Jio Coins Legal?
As Jio Coins are built on blockchain technology and are owned by Reliance and Polygon Labs, they are fully legal to own.