What Is Jio Coin: If you are finding to know what is jio coin then here you can find What Is Jio Coin, Price, Launch Date and More
What Is Jio Coin – Price, Launch Date and More
Reliance Jio has hired 50 young professionals teams which are lead by Akash Ambani and they all are working on building a cryptocurrency named as Jio coin. Jio coin will be same as Bitcoin, Etherum, Dogecoin, Litecoin etc. and you will be able to buy them through a Jio coin wallet, where you can store them or spend them on purchasing products online.
What is the future of the jio coin?
We can’t predict Jio Coin future currently because of less information about its launch and technology underlying.
We can only say that it will have the bumper opening as JIO already has hold of the vast market.
To understand more and keep yourself updated with crypto world news and trends.
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Launch Date And Price of Jio coin
Currently, there is no official information when the Jio coin will be launched but according, to Livemint it will be launched soon.
It is expected that each coin will cost less than Rs 70 in starting and then its price will increase or decrease as per the market.
How To Buy Jio Coin?
Currently, there is no official information regarding how can we but Jio coin and from where, but we can expect that there will be jio coin official website from where we will be able to buy it.
According to a report by Livemint, JioCoin project will have a 50 member team of professionals working on blockchain technology to develop applications for supply chain management logistics as well as building smart contracts. The team will reportedly be led by Akash Ambani, elder son of Mukesh Ambani.
Can JioCoin Get Legal Status In India
The answer is NO, As the RBI and Ministry of Finance said that CryptoCurrency will not be legal in the Country, even if the market capitalization of bitcoins alone is worth more than $600 billion. If Jio coin gets legal status in India, it can change the technique of Investment and trading in India.
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