Billionaire Mukesh Ambani led Reliance Industries has maintained the mystery around its newly introduced Jio Coin, leaving the business community and cryptocurrency enthusiasts in buzz. Despite unveiling India’s homegrown digital currency, the company has yet to reveal the coin’s specific features and uses, sparking curiosity among the individuals.
Notably, Reliance’s tech subsidiary, Jio Platforms, has partnered with Polygon Labs to bring Web3 and blockchain technology to India.
“JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps as decided by Jio Platforms Limited (JPL) using their Indian-based mobile numbers,” according to the Reliance’s FAQ section.
A report by “CoinDCX” said that the Jio Coin is the newest project of Reliance Industries and the company is bringing blockchain technology to India.
Jio Coin: Latest Price
According to “Wallet Investor”, as of February 28, 2025, at 03:40 AM (GMT), the price of 1 JIO Token is Rs 20.634. Moreover, the market capitalization of this digital currency is Rs 36,245,451, with an available supply of 1,908,130 tokens. The website didn’t specify its 24-hour trading volume, and the percentage change over the last 24 hours.
Here are the steps to earn Jio Coin:
- Step 1: Download and Install JioSphere Browser.
- Step 2: Sign Up with Jio Number.
- Step 3: Access Jio Coin Wallet.
- Step 4: Log In and Start Earning.
To earn JioCoins, simply use the JioSphere web browser on your device, whether it’s an Android phone, iPhone, Windows PC, or MacBook.
Where Can We Use These Coins: According to several media reports, Jio Coins can be used for various purposes, including mobile recharges, shopping discounts, and more. Furthermore, users can earn JioCoins through multiple Jio apps, including Jio Sphere, Jio Mart, Jio Cinema, and My Jio.
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