Want to earn free Bitcoin while shopping online? Then use Lolli alongside your next purchase on the web.
But what is Lolli you may ask? Below is everything you need to know about Lolli, which is basically a free crypto rewards platform that rewards you with Bitcoin for shopping at big-name brands.
What is Lolli?
Lolli is a Bitcoin rewards site and browser extension that allows you to earn up to 30% back in Bitcoin rewards when you shop online from its partner merchants in the U.S. Lolli gets a percentage of every sale from these stores, and instead of keeping all the money for itself, the company shares it with you, allowing you to earn free Bitcoin that will go straight to your Lolli wallet.
Lolli has partnered with over 10,000 top merchants across travel, beauty, fashion, consumer electronics, and other industries. Some of the biggest Lolli partners include some of the masses’ favorite stores like Nike, Chewy, Groupon, Priceline, eBay, Sam’s Club, Microsoft, Sephora, Staples, and Lowe’s.
How to use Lolli to earn Bitcoin for free?
To start earning free Bitcoin with Lolli, you must first download the Lolli browser extension. The Lolli extension is available for free for Chrome, Mozilla Firefox, Safari, and Microsoft Edge. After signing up, you can begin visiting Lolli’s partner stores through the Lolli extension or through Lolli’s main website. Lolli will send you an alert instructing you to activate your savings when you get to a Lolli-affiliated online store. Once Lolli has been activated, you can free to shop as you normally would. Lolli will then track your purchase and send Bitcoin to your Lolli wallet as long as your order is eligible.
Is there a Lolli app?
Not fond of online shopping? Not a problem! You can also shop in-store with Lolli. Simply link a card to your Lolli app, activate a Card Boost, and purchase your desired items at Lolli’s retail partners with your linked card.
Is there another way to earn rewards from Lolli?
Aside from shopping online and in-store, Lolli lets you earn rewards by following the site’s official accounts on social media and participating in various promotions.
You can also earn Bitcoin by inviting as many friends as possible through Lolli’s referral program. Invite all your friends to use Lolli using your referral link. Once your friend makes a qualifying purchase through a Lolli merchant, each one of you will earn Bitcoin worth $5. The more friends that sign up with your code or link, the more Bitcoin you earn.
The user-friendly Lolli app also features a game called Daily Stack, where you can earn rewards of up to $100 every day. For many users, this is the easiest way to earn rewards at Lolli without making any purchases.
How Lolli works: Do you need a crypto wallet for online shopping using Lolli?
Upon signup, Lolli creates a Lolli wallet for you where your Bitcoin earnings will be safely held and secured, so there’s no need for a Bitcoin wallet or any crypto wallet to get started. Once you have an available balance of at least $15 USD, you can transfer your Bitcoin to any crypto wallet or cash out to any U.S. bank account.
The time you have to wait before you receive your free rewards in your Lolli wallet varies by merchant and is typically 90 days after your completed booking or initial purchase. This takes a little bit of time because all purchases have to be verified with Lolli’s partner sites and merchants.
Lolli Review: Is Lolli legit?
Yes, we tried Lolli ourselves and can confirm that we have received free Bitcoin for making purchases at participating merchants when using their Chrome extension. To date, we’ve earned nearly $300 USD in Bitcoin.
But keep in mind, that earning rewards, especially Bitcoin, with Lolli can have tax implications.
How old do you need to be to use Lolli?
To be able to use Lolli, you must be a resident of the United States and at least 18 years old. You just need to provide an email address and password in order for Lolli to create your account.
Can you use coupons, promo codes, or other extensions when using Lolli?
Merchants only reward one program at a time, so the use of other browser extensions, coupon sites, savings applications, or cashback sites in conjunction with Lolli will make your purchase ineligible for free Bitcoins.
Remember that a retailer may not issue a reward for an order if you used a coupon or discount code not provided by Lolli. The full details on the use of coupons and promotion codes can be found in the mobile app or on the web extension in your toolbar while you’re on a participating merchant’s site.
Does Lolli support international users?
Unfortunately, Lolli is only available to users in the United States at this time. The use of VPNs should not affect purchases unless users shop with a VPN from outside of the country.
Is there a fee to move your earnings?
When withdrawing your Bitcoin earnings, Lolli charges 0.25 USD for USD transfers. As for Bitcoin transfers, the site does not charge anything other than the current, applicable transaction fees.
Who invested in Lolli?
According to Crunchbase, Lolli has 42 investors. This includes Josh Richards, the co-founder and advisor to the VP of Talent at TalentX Entertainment, and Kenny Beecham, a Chicago-based content creator focused on basketball content.
When was the last funding round for Lolli?
Lolli closed its last funding round on July 28th, 2021 from a Series A round.
Where did the name Lolli come from?
According to Alex Adelman, Lolli CEO and co-founder, the name of the company came from his vivid memories of visiting banks when he was a kid. “When I was young, my dad would take my sister and me to the bank,” Adelman shared on the FAQ page of Lolli’s website. “I never liked going to the bank but always looked forward to the lollipop at the end. I believe Bitcoin is the bank of the future and all that’s missing is Lolli.”