India’s leading telecom company Reliance Jio recently launched its new digital token, Jiocoin, which offers various rewards to users under the Blockchain Rewards Program. JioCoin The aim is to connect with Jio’s huge userbase by providing them new technology experiences and increasing interaction with their services. Additionally, it can become a part of various services within Jio’s network, such as mobile recharge, shopping discounts and fuel payments.
Know how to buy Jiocoin
Currently, Jio Coin cannot be purchased directly from cryptocurrency exchanges, but users can earn it through the JioSphere Browser. For this, users need to download JioSphere Browser on their Android or iOS device and sign-up with their Jio number. Through JioSphere Browser, users can earn Jio Coin, which can later be used in various Jio services.
Jiocoin Checklist Worth and Future
Jiocoin Checklist Worth has not been disclosed yet, but it is estimated to be around $0.5 (₹43.30) per token. As Jiocoin usage increases on Jio’s various platforms, such as JioMart and Reliance Gasoline Stations, its price is likely to increase. Moreover, the use of this token will not be limited to cryptocurrency transactions only, but it will also be useful for mobile recharge, shopping discounts and other services inside Jio’s network.
Jiocoin aims to expand Web3 technology in the Indian market. Reliance Jio Given Jio’s massive user base of 450 million, Jio Coin can help increase awareness of cryptocurrencies and blockchain technology. This will encourage the use of digital currency for the Indian market and can increase India’s influence in the global crypto market.
Conclusion
Jiocoin launched by Reliance Jio could add a new chapter to the Indian cryptocurrency space. Although the process of purchasing and using it is still limited, its price and breadth of services may increase with its increasing use. Despite challenges like 30% tax and 1% TDS on cryptocurrencies, Jiocoin can play an important role in spreading Web3 technology in the Indian market and increasing people’s understanding towards cryptocurrencies.
Also read:MemeFi Day by day Codes For November 15, earn virtual coin
