The Jiocoin (JIO) has been making waves in the cryptocurrency market, particularly in India, as Reliance Jio’s blockchain-based digital token continues to gain attention. As of Monday, February 10, 2025, the price of 1 JIO Token is approximately ₹24.92 in Indian Rupees. This value reflects the growing interest in Jiocoin as part of Reliance Jio’s broader digital ecosystem strategy.
In this article, we’ll explore the current price of Jiocoin, its market trends, factors influencing its value, and how it integrates into Reliance Jio’s services. Whether you’re a seasoned crypto investor or someone curious about Jiocoin, this guide has everything you need to know.
What Is Jiocoin?
Jiocoin (JIO) is a blockchain-based digital token introduced by Reliance Jio, one of India’s largest telecom companies. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, Jiocoin is designed as a reward token within Reliance’s ecosystem.
Users can earn Jiocoins through activities such as browsing on Jiosphere, shopping on JioMart, or streaming on JioCinema. These tokens can then be redeemed for services like mobile recharges, shopping discounts, and more.
Jiocoin operates on the Polygon blockchain, ensuring scalability and low transaction costs while promoting Web3 adoption in India.
Current Price of Jiocoin (JIO) in INR
As of February 10, 2025, the price of 1 Jiocoin (JIO) is approximately:
- ₹24.92 (Indian Rupees)
- This value is derived from an international exchange rate of 0.0401 and reflects real-time market trends.
Conversion Table: Jiocoin to INR
| JIO Tokens | Indian Rupee (INR) |
|---|---|
| 1 | ₹24.92 |
| 5 | ₹124.58 |
| 10 | ₹249.15 |
| 50 | ₹1,245.77 |
| 100 | ₹2,491.53 |
| 1,000 | ₹24,915.33 |
This conversion table helps users understand the value of their Jiocoins in Indian Rupees for various quantities.
Market Trends and Performance
Recent Developments:
- On Day 1 of its launch on select platforms, Jiocoin witnessed high trading activity with a steady price increase due to its integration within Reliance’s ecosystem.
- Major companies like Polygon Labs have partnered with Reliance to ensure seamless blockchain infrastructure for Jiocoin transactions.
- The token has gained popularity among users for its utility within services such as JioPay and JioMart.
Price History:
- Over the past week, the price of Jiocoin has remained stable at around ₹24.90–₹25 per token.
- The highest recorded price for Jiocoin was ₹26.83 on January 23, 2025.
Factors Influencing Jiocoin’s Price
Several factors affect the price of Jiocoin in the market:
- Integration with Reliance Services:
As Jiocoins become more usable for transactions within Reliance’s ecosystem (e.g., JioMart and JioPay), their demand increases. - Market Sentiment:
Positive sentiment around cryptocurrency adoption in India has contributed to the steady growth of Jiocoin. - Blockchain Technology:
The use of Polygon’s scalable blockchain infrastructure ensures low transaction fees and faster processing times, making Jiocoin attractive to users. - Government Regulations:
While cryptocurrencies are subject to taxation in India (30% tax on gains and 1% TDS), favorable regulations could further boost adoption. - Reliance’s User Base:
With over 470 million active users across its platforms, Reliance has created a vast potential market for Jiocoins.
How to Buy Jiocoins
If you’re interested in purchasing Jiocoins, follow these steps:
- Visit a cryptocurrency exchange platform that lists Jiocoin (e.g., CoinSwitch or WazirX).
- Create an account and complete KYC verification.
- Deposit funds into your account using UPI, net banking, or other payment methods.
- Search for “Jiocoin” in the trading section and place a buy order based on your desired quantity.
Note: As of now, Jiocoins are primarily used within Reliance’s ecosystem and may not be available for trading on all major exchanges.