Mukesh Ambani led Reliance jio has launches jio Coin by surprising all the existing player in cryptocurrency currency market.
After the announcement made by Reliance jio that It will going launch a jiocoin, made a Buzz on social media. People comparing the jiocoin with popular cryptocurrency like Bitcoin and etherium. and they are also sharing their viewed that Jiocoin will pass the valuation of these cryptocurrency. While some people are confused, and asking question related to it like, Is jio coin is really a cryptocurrency? How we earn it for Free?
For those, In this article we are going to give all the answers related to this jio Coin.
JioCoin, Is It Coin or Cryptocurrency
After the official announcement, jioCoin soon going launched. People confused regarding to this this Coin, it is really a cryptocurrency or something else for those were going to give the answer.
jiocoin is a new digital token or you can say, it is a new type of coin that is launched by Reliance jio. It is based on blockchain and Web3 technology. It is created by Bengaluru based Company, Polygon Labs, a leading blockchain technology company. The jio Coin can accessible through, jio official web browser Jiosphere.
JioCoin is not like a cryptocurrency that can traded on the crypto platform. It’s only a reward coin that will given to jio user through their web browser. It will be given to the jio user for their activity and it can be redeemed for the jio services and product. People can use it as a discount coupon for the purchase of jio product on the official website either on the official store of the Reliance Jio.
It can’t be traded on crypto exchanges like other cryptocurrencies. And also the price of the coin or jio token will be not affected on the basis of demand and supply.
Indian user who are using, jio web browser Jiosphere, can get it for free. And all the point rewarded on the browser will be store on their polygon there is available on the browser. Below I will tell you how the Jiosphere user can get it for free.
How to get JioCoins for free
If you are you are from India and you are using the services of Reliance jio then you can get it for free. User can get it for free by using the services of Reliance jio. People will get rewarded with jio coin on all the platform of Reliance for their activity and engagement. like If You are you are using jio cinema app and watching the movie that you are making the engagement on the app then you are rewarded with jio coin for free. Either you will do shopping on the platform you will get regard with these coin for free.
These all coin will be stored on jiosphere browser for that first you have to create account on jio sphere browser. Where your all jio coin will be stored on the polygon wallet. For creating the account you have to join their program, if you are jio customer then you have to do nothing. Account has been already created by the company and these facility is only available for jio customer.
it is also seen that this is the first steps of Reliance jio to enter in crypto market. But for now it is only reward coin that is awarded to jio user for using their services. Which can be used as a discount coupon while availing their services through reliance all platforms.
