New Delhi: Reliance Jio Coin has quickly gained immense traction since its launch, sparking widespread interest among the business community and cryptocurrency enthusiasts. Initially speculated to be a cryptocurrency like Bitcoin or Dogecoin, Jio Coin has turned out to be more of a reward token than a traditional digital currency. Billionaire Mukesh Ambani’s Reliance Industries recently introduced Jio Coin, creating a significant buzz in the Indian market. However, the company has yet to disclose the token’s full features and uses, further fueling curiosity among users.
Jio Coin: A Blockchain-Based Reward Token
Reliance’s tech arm, Jio Platforms, has partnered with Polygon Labs to introduce Web3 and blockchain technology to India. According to Reliance’s FAQ section, “JioCoins are blockchain-based reward tokens that users can earn by engaging with different mobile or internet-based apps using their Indian-based mobile numbers.” This makes JioCoin distinct from typical cryptocurrencies, positioning it as a reward token rather than a tradable digital asset.
Jio Coins can reportedly be used for various benefits, such as mobile recharges, shopping discounts, and more. Users can earn JioCoins through multiple Jio apps, including Jio Sphere, Jio Mart, Jio Cinema, and My Jio.
Current Jio Coin Price and Market Status
As per “Wallet Investor,” the price of 1 JIO Token stood at Rs 21.258 as of March 17, 2025. The market capitalization of Jio Coin is valued at Rs 37,341,227, with an available supply of 1,908,130 tokens. However, the website did not specify the 24-hour trading volume or the percentage change over the last day.
How to Earn Jio Coins
Interested users can easily start earning Jio Coins by following these steps:
1. Download and Install JioSphere Browser – Available on Android, iPhone, Windows, and MacBook.
2. Sign Up with Jio Number – Create an account using your Jio mobile number.
3. Access Jio Coin Wallet – Log into the app and locate the Jio Coin Wallet.
4. Start Earning – Use the JioSphere browser and other Jio apps to begin earning Jio Coins.
Jio Coin’s seamless integration with Jio’s ecosystem is expected to boost user engagement and offer a unique digital rewards experience. While its value and future growth remain uncertain, Jio Coin’s early success indicates that it could become a key player in India’s digital economy.
