Do you know what is Jio Coin? Why is Jio Coin in so many Headlines Now? By now you must have known what Cryptocurrency is and how we can make money from it. In today’s time, virtual currency is emerging on the basis of traditional currency options. Due to which many companies are now adopting cryptocurrency blockchain technology. Just like that, Jio Coin is also a cryptocurrency.
India’s own Telecom Operator Company Reliance Jio has also considered it right to step into cryptocurrency. So they have also thought of launching one of their own cryptocurrency. This cryptocurrency has been named Jio Coin, which will help a lot to make digital payments easy for all people.
Last year, we saw that the Jio Company has introduced many products such as the Jio phone, JioFi and now they have planned to launch a new cryptocurrency which will make the transactions much easier. It will be based on Cryptocurrency Blockchain technology. If we talk about India then the Jio coin is going to be the third cryptocurrency after the Laxmi and Indicoin.
So if you want to get complete information about what Jio Coin is, then you have to read this article completely. Then without delay let’s start and know what this new cryptocurrency.
Check also: How To Make Money Online.
What is Jio Coin
Jio Coin is a new cryptocurrency just like the rest of the cryptocurrency. To start this currency, Ambani’s son Akash Ambani has taken a new initiative. Because they believe in the future, it is because cryptocurrency is probably going to play a major role in the future. This is also reasonable to believe because we have seen how people have shown their trust over Bitcoin. So they have formed a team of 50 members who have a lot of experience in the context of Blockchain, and who are constantly engaged in making this currency a successful cryptocurrency.
In the future, Jio has thought of launching a lot of products, and they want people to use their new Cryptocurrency (Jio Coin) to buy those products. He has thought of promoting this coin with many new offers ahead. It has just been heard that South Korea and China have banned these coin trading in their country. So Reliance Jio has already thought it right to seek permission from the government, which they are going to do before its launch.
Additional info about Jio Coin
Akash Ambani has been made the leader of this new project. Experts believe that this is the best time to launch a new Cryptocurrency because recently Ripple has taken the second position in the Cryptocurrency ranking list. As we know that Ripple is a very low-cost cryptocurrency so it has gained popularity in a very short time. In the same way, we can expect the same profit from Jio Coin as well. The main reason behind Ripple’s success is that he has promoted this coin mainly in Asian countries where there are the most investors from India itself.
In the same way that the Indian people have shown their faith in Reliance Jio, it seems that Jio Coin will prove to be a very good investment in the future. Most people in India do not have any knowledge about this virtual money, so it is very good to know about these cryptocurrencies and how it works.
Jio Coin’s launch date
No official date for the launch of this currency has been announced yet, but a very famous news portal Livemint has confirmed this new Cryptocurrency news. If any update comes about it, then you can get its information on Jio’s official website Jio.com. According to sources, Blockchain has been chosen according to the platform of Officially Jio Coins.
What is the price of Jio Coin?
It has been heard that the price or price of each coin has been fixed around Rs 64 / –, which is the same as 1 USD. It is being told by experts that the share market value of Jio is going to increase after the cryptocurrency’s launch of this Jio Coin.
How to buy Jio Coin
Since Jio Coin has not been officially done according to cryptocurrency, there is currently no way to buy Jio Coin. But right now there are many Fake websites on the Internet that guarantee to manage Jio Coin. But never trust them. You can buy only by visiting Jio’s official website. But for this, we will have to wait for the official announcement of Jio.
Jio Coin’s future
Even now people don’t know about Cryptocurrencies in the right way, they are still afraid to buy and use them. So, if Jio launched its own Coin in the market, then the confidence of the people will also increase and people will also be able to use it properly. Therefore, according to me, the future of Jio Coin and it’s like Cryptocurrencies looks very bright.
It can only tell the time that this Coin will be able to touch the highs in the future. And if it is successful in doing so then it can bring the next digital revolution to India.
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