Jio Coin is a trending buzzword these days.
Back in 2018, there were rumors that Jio Coin will be launched by Reliance Jio under the leadership of Mukesh Ambani. Finally, after 7 years, we have started hearing about Reliance Jio Coin.
Jio Platforms which is a subsidiary of Reliance Industries, has partnered with an internet company Polygon Labs to bring Web3 and blockchain technology to India.
In this regard, Jio Platforms are intending to launch its own Jio Coin. As of now, Jio Coin is a not traditional cryptocurrency like Bitcoin and other decentralized tokens. It will serve as a customer retention tool instead of investment asset which will operate on open blockchain networks.
In this article, we will guide on how to buy and earn Jio Coins.
How To Buy Jio Coin?
As stated earlier, the Coin is not publicly traded. However if Reliance Jio ever officially launches it, you can buy it by following steps mentioned below:
1. Visit Official Website
If you want to buy Jio Coin, you need to visit Reliance Official website and keep eyes on official news sources.
You an also follow Jio Social media handles i.e. on Twitter, LinkedIn or Facebook.
Further, it would be great if you can also bookmark some reliable crypt news websites like CoinDesk or CoinTelegraph.
2. Choose a Reliable Crypto Exchange
Once Jio coin gets listed, it will most likely available on major crypto exchanges like
- CoinBase
- Binance
- CoinDCX
- WazirX
Join these platforms, complete your KYC verification and add funds to your wallet.
3. Buy Jio Coin
Once Jio Coin available on major crypto exchanges you can buy Jio Coins through spending INR, USDT or BTC.
It is good if you store your coins in a trustable crypto wallet like Trust Wallet or MetaMask.
How to Earn Jio Coin?
Currently, it is not confirmed when JioCoin will be available for publicly trading. However, once they will be available, they can be earned through four ways.
1. Stacking
You can lock your Jio coins and earn rewards.
2. Mining
Just like other cryptocurrencies, you can also earn through mining by validating transactions.
3. Airdrops
Jio may distribute free tokens to early adopters.
4. Referrals
You can earn Jio Coins by referring other users.
5. JioSphere Browser
You can also earn Jio coins through surfing Jiosphere Browser. It is available on various platforms i.e. iOS, Android, Windows, mac OS and Android TV.
All you need is to download the JioSphere Browser on your device, signup and setup the Jio Coin wallet.
After that you can do various online activities i.e. browsing websites, reading articles or watching videos. In return, you can earn Jio Coins as a reward for the engagement.
How To Use Jio Coins?
Currently, you cannot buy, earn or convert Jio Coins into cash. However, it is predicted that they can be used for various purposes such as
- Mobile Recharges & Top Ups
- Shopping Discounts
- Available exclusive services on Jio Services
Wrapping Up
If Jio Coin is launched, it main gain massive popularity due to its various potential uses such as mobile recharges and payments, digital payments, online investments and tradings, and availing rewards and cashback offers.
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