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If you want to learn how you can earn Lolli Bitcoin for shopping at popular brands, you’re in the right place.
I personally researched and tested this platform and here in the review, you can filter through the pros and cons of this company and decide if it is right for you.
Let’s get started.
What Is The Lolli Bitcoin Application?
Lolli is a rewards site and browser extension that was founded in 2018. This platform lets people earn and own bitcoin after being rewarded for shopping on one of over 750+ brands that Lolli has partnered with.
The company’s mission is to make bitcoin more easily accessible to the public. When members shop a partner site, the company earns a percentage of each sale and then splits it with you and deposits a percentage into your Lolli wallet.
Bitcoin is a cryptocurrency (digital money designed to work as a medium of exchange), which does not have an institution that manages it, and can be sent from person-to-person through the bitcoin network, without the need for banks or credit card companies to be involved.
If you’re new to the world of bitcoin, here’s a helpful video that gives a great education on it.
How Does Lolli Work?
Lolli’s process is quite simple. First, you’ll need to install the browser extension to one of the supported browser extensions.
Once you’ve installed the browser extension, you then begin shopping as you normally would and when you are on a partner site, the platform will let you know.
The next step is to start earning bitcoin in your Lolli wallet when you checkout using Lolli.
At the time of this review, the platform has over 750+ brands, which they have partnered with. These companies include brands such as:
- Expedia: Up to 5% Bitcoin back
- Hotels.com: Up to 3.5% Bitcoin back
- Priceline: Up to 5% Bitcoin back
- Hotwire: Up to 1.5% Bitcoin back
- Gap: Up to 3.5% Bitcoin back
- Macy’s: Up to 5% Bitcoin back
- Hilton: Up to 3.5% Bitcoin back
- Bloomingdales: Up to 5% Bitcoin back
- And many more
When you shop from one of these brands you’ll earn up to 30% in the form of bitcoin.
Some brands offer as low as .5% bitcoin back, while others can offer as much as 36% bitcoin back. The (%) bitcoin back will vary with each merchant.
Here’s a tweet below from Lolli promoting the partner Postmates. There’s lingo such as “stack sats” or “stack a lot of sats” in the tweet used by the company.
Sats is short for satoshis, which comes from the name of the person who created bitcoin. His name is Satoshi Nakamoto. Sats is the smallest unit of bitcoin and one satoshi is the equivalent of 0.00000001 bitcoin. This basically means there are 100 million satoshis in a bitcoin.
You should know that you can stack a lot of sats when you stay home and order delivery from our partner, Postmates.
— Lolli 🍭 (@trylolli) March 19, 2020
First time Postmates users get $18 in bitcoin and current Postmates users get $2.25 in bitcoin per order.
Stack sats and stay home!
Love,
Lolli 💜
Once you have downloaded the browser extension, whenever you visit a partner site, you’ll be notified by the platform and you can simply activate Lolli and if you make a purchase you earn free bitcoin back.
Lolli emails you an estimate of your rewards after you make a purchase on a partner site. You can usually expect to see your rewards in 30-90 days when the return period has passed.
How To Join Lolli
The first step is signing up on the Lolli website, and then downloading the browser extension on only the Chrome or Firefox browsers.
The platform is free to join and you can get started using your Facebook account or your email address.
Once you’re on board, Lolli does the rest. When you’re on a site that has partnered with the platform you’ll see a popup in the right hand corner telling you to activate Lolli.
At this time, Lolli does not have a mobile app and the preferred platform for shopping is desktop, although mobile is also supported.
Lolli is only available in the US at the time of this review.
Requirements
If you wish to join you must:
- Be a US resident,
- 18 years of age older and,
- Possess an email address and password
Earning Bitcoin With Lolli
In order to earn bitcoin with the platform, all you need to do is shop on a partner site. In addition to earning bitcoin back, you can also refer others and earn.
Referrals
When you share Lolli through your personal referral link to family and friends, you earn $10 in bitcoin for each referral.
Bitcoin is available after a 30-90 day return period with the merchant you purchased from. At this point, your rewards are available to be withdrawn or transferred.
For US Dollar transfers, there is a $0.25 fee. When transferring bitcoin to another address you won’t incur a fee other than transaction fees.
NOTE: You can withdraw your bitcoin rewards to any bitcoin address or bank account in US dollars after a minimum balance of $15, and after the partners release the funds after the return period of 30-90 days.
Is Lolli Safe?
The Lolli platform is considered to be a very secure application, which uses state of the art software and network security to make sure your balances are secure.
The company does stress the importance of keeping bitcoin in your wallet with Lolli to insure your funds are secure.
Pros and Cons of Lolli Bitcoin
Pros
- Free to join the platform.
- Easy to use Lolli to start earning bitcoin with over 750+ brands.
- A growing community with active sharing, exclusives and updates on social media with the company.
- Great customer support with the company.
- Low balance requirement for withdrawals of only $15.
- Earn $10 bitcoin when referring family and friends to the platform.
Cons
- Only available on Chrome and Firefox browsers. Not available on Microsoft Edge or Safari.
- 30-90 day wait period to complete transactions and get bitcoin rewards back.
- Only available in the US and the platform doesn’t have an app.
- Some partners offer very low rewards such as 0.5% bitcoin back.
Conclusion
The Lolli bitcoin application is a fun and easy platform to use to start earning bitcoin back for purchases from your favorite brands. The company is fairly new and likely to be very successful in the near future.
Imagine being rewarded with the power of bitcoin for making purchases that you’d already be making anyway. The platform is a no-brainer for customers looking for bitcoin rewards as cryptocurrency ownership continues to grow worldwide.
>> Click here to learn more about Lolli
I’ll leave you with this video below, which reviews the Lolli platform. Enjoy!
Lolli Bitcoin FAQ
Is Lolli safe?
The Lolli platform is considered to be a very secure application, which uses state of the art software and network security to make sure your balances are secure. The company does stress the importance of keeping your wallet with Lolli for maximum security of your funds.
How does Lolli make money?
When members shop a partner site, the company earns a percentage of each sale and then splits it with you and deposits a percentage into your Lolli wallet.
How do you use Lolli?
Lolli’s process is quite simple. Simply install the browser extension to one of the supported browser extensions (Chrome or Firefox). Once you’ve installed the browser you then begin shopping as you normally would and when you are on a partner site, the platform will let you know. The next step is to start earning bitcoin in your Lolli wallet when you checkout using Lolli.
How do I withdraw Bitcoin from Lolli?
You can withdraw your bitcoin rewards to any bitcoin address or bank account in US dollars after a minimum balance of $15 and upon the merchant’s release of the funds after the 30-90 day return period has passed.