Jio Coin: This is the price you will get for one coin! This is how you will benefit

Wherever you look, there is talk of Jio Coin, this coin of Mukesh Ambani's company Reliance Jio has been a 'hot topic' for a long time. The same question is arising again and again in everyone's mind that what is the price of a Jio Coin and how can we earn this coin for free? Everyone is searching for answers to these questions, if you are also curious to know about this then you may like our news today.

1 Jio Coin Price: How much does one coin cost?

According to a report by Times of India, at present the company has not officially confirmed the price of Jio Coin, but business analysts estimate that the price of one token can start from $ 0.50 (about Rs 43.30).

It will be interesting to see how well JioCoin is integrated with the larger ecosystem of Reliance Jio, such as Reliance petrol stations and popular services like JioMart.

What is JioCoin: What is Jio Coin?

First of all, we need to understand what Jio Coin is. Jio Coin is a digital currency, but it is not right to call it a cryptocurrency at the moment. Instead of blockchain powered cryptocurrencies like Ethereum or Bitcoin, this coin of Reliance Jio is more associated with a reward token or say a digital loyalty point.

According to ET's report, this coin created on the Polygon blockchain can be used in apps offering Jio services and coins can be earned by making purchases on Jio apps. Jio Coin can prove to be a game-changer because these coins will be able to be used for discounts in Jio apps.

How to Earn JioCoin

To earn Jio Coins, install the JioSphere app on your phone, this app is available for Android and Apple users. After installing the app, create an account on the app and start using the app. As you use this app, gradually you will start getting coins in the form of rewards which will be added to the Polygon wallet given in the app.