July 25, 2021

Forget Amazon Prime Day, Earn Double Bitcoin Back From Lolli Promo

3 min read

Who requires Amazon Prime Day when you can secure free bitcoin on your purchases?

Lolli is using clients up to 14% back in bitcoin in their restricted promo offer. A variety of sellers are offered on Lolli for you to make the most of the promo.

You can get cash back (crypto back?) on any purchase you make. All previous portion offers on crypto back are now double for a limited time when you patronize Lolli. Shop from over 1,000 merchants on the platform and get bitcoin back on every purchase.

What Is Lolli?

Lolli is a cashback/bitcoin rewards business. The platform works as a web browser extension that you can add to your internet browser. The web browser extension can be contributed to Chrome, Firefox, and Safari web browsers.

Associated Reading|Bitcoin Water Trust Raises $1.4 Million, And Counting

With Lolli, every purchase you make from one of their partner stores gets you bitcoin rewards approximately 30%. The average benefits portion currently sits at 7%.

The company was established in 2018 by Alex Adelman and Mark Senter. They wanted to produce an accessible method where individuals could get bitcoin as a benefit for searching for everyday products. Making it that people can own bitcoin without having to in fact buy it.

Lolli works by offering you a portion cashback on purchases and transferring the bitcoin into your Lolli wallet. You are then able to withdraw the bitcoin once you have up to $15 in your wallet.

In this manner, customers get refund on their purchases. And merchants get brand-new clients and produce more sales.

Bitcoin chart from TradingView.com

Current bitcoin rate|Source: BTCUSD on TradingView.com Lolli raised$ 3 million in a Seed Round that was led by PathFinder in 2020. The seed round's financiers consisted of significant names like Aston Kutcher and Bain Capital.

The business then went on to raise $5 million in a Pre-Series round from Seven Six. Also included in the financing round was Serena Williams' Serena Ventures. This brings the total financing raised by the company to date to $10.5 million.

How It Works

It's a pretty uncomplicated service. You download the web browser extension. This only takes a 2nd to do.

The extension then brings you to a page where you can register and log in.

Then when you go on merchant websites to go shopping, Lolli will pop up to reveal you just how much cashback you're qualified for. You can go on and have a look at. And then you get your Lolli benefits.

Related Reading|Steve Hanke Calls El Salvador's President "Stupid" For Making Bitcoin Legal Tender

As a fraud mitigation effort, Lolli just offers you the benefits once your return date has actually expired. This is to ensure that individuals do not purchase items and then return them. Taking the Lolli rewards and not really purchasing.

It typically takes about 30 to 90 days after your purchase that you can get your rewards. You can examine your account to see your balance. There is generally a price quote of your cashback on your purchase on your account. Then you can see your real balance when you get your coins.

As a guideline, Lolli never ever gathers your information throughout sites. You can be sure that your data is not being sold to 3rd parties. Lolli does not save any of your data.

So if you're trying to find ways to get some direct exposure to bitcoin without needing to buy some, this is a great chance.

Included image from CoinCentral, chart from TradingView.com