This discussion is a review of Lolli.
Lolli is a browser extension app that allows you to earn free Bitcoin shopping online.
If you want free Bitcoin, this Lolli review is a must-read.
Lolli claims shoppers can earn up to 30% cashback in Bitcoin from purchases that they make at participant online retailers.
The company is on a mission to make bitcoin accessible to all by making it simple for everyone to earn and own bitcoin.
It sounds too good to be true.
How does Lolli give you free Bitcoin?
Is Lolli even a legit and safe app?
According to Lolli, more than 1,000 well-known and popular retailers support the app.
So, do you want a piece of this pie?
Ready to get the inside scoop?
Then keep on reading because this review will get into the nitty-gritty and uncover everything that you need to know about Lolli, including the pros and cons and whether this app’s worth your time.
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Lolli Review Summary
| BUSINESS INFORMATION
Name: Lolli Business Type: Consumer Loyalty Program Investment: Free |
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What Is Lolli? A Quick Review of Lolli App
Lolli is a loyalty rewards app that lets shoppers earn free bitcoin when shopping online.
Operating similar to Rakuten, Lolli encourages consumers to shop by offering an opportunity to earn cash at over 1,000 stores in the United States.
However, Lolli doesn’t pay cash. This consumer loyalty program pays Bitcoin.
Yes, you earn free Bitcoin for doing what you love, shopping online.
Lolli is one of the first online consumer loyalty companies to make a foray into the cryptocurrency realm.
The company’s mission is to help make cryptocurrency more accessible to the average shopper.
To earn Bitcoin, you must join as a member and shop at one of Lolli’s partner sites. We’ll discuss in detail how Lolli works later in this review.
But, the main difference to take away from Lolli compared to other consumer loyalty programs is that you get paid in Bitcoin rather than cash.
If you like to earn Bitcoin instead of cash or gift cards, then read this review to the end to find out the pros and cons of using Lolli.
Who owns Lolli?
Lolli was launched in August 2018 by Alex Adelman and Matt Senter.
The company headquartered is in New York, NY.
Lolli is still pretty new in the online consumer loyalty shopping space.
At the time of writing this review, Lolli only supports two browsers and has over 30,000 users.
Although the site is new, Lolli offers more than 1,000 popular brands for you to earn Bitcoin.
In 2018 Lolli raised $2.25 Million from an array of investors, including Bain Capital Ventures, Version One, Serena Williams, and more.
On July 28, 2021, the company closed another $10 million Series A financing round led by Acrew Capital.
So, Lolli is a privately own company with Alex Adelman as CEO of the company.
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Should You Join Lolli?
The answer to this question depends on your shopping habits.
If you shop online a lot and prefer bitcoin rewards over cash, then you might want to join Lolli.
The percentages of Bitcoin shopping reward on Lolli is pretty high compared to traditional cashback websites.
People appreciate shopping reward apps because they can earn small cashback on stuff that they buy every day.
What makes Lolli not so appealing is the amount you earn from each purchase.
Consumer loyalty rewards programs pay 5% to 10% for each online shopping trip. You are getting a small discount on each purchase.
Lolli’s founders add Bitcoin as a reward to make the app more exciting. It offers a user-friendly, non-intimidating way for regular people to start experimenting with cryptocurrencies.
So, Lolli is a good app for you to learn about cryptocurrency.
However, Lolli is not an app to earn passive income online.
Is Lolli Legit?
Lolli is a legit consumer reward app for you to earn free Bitcoin shopping online at your favorite retailer.
You can easily find reviews online from real Lolli app users who have cashed out their Bitcoin after shopping online.
True, there are also complaints from users about missing Bitcoin or not receiving rewards for purchases. It’s the unfortunate world of loyalty programs. Even the most popular cashback site, Rakuten, sometimes doesn’t credit every transaction.
As I have reported earlier, Lolli has raised over $2.25 Million in funding from private investors. This fact proves that Lolli is legit.
You don’t have to worry about not getting the Bitcoin rewards. But don’t expect to get rich using the app.
How Lolli works?
If you are ready to earn some free Bitcoins, here is how the Lolli app works.
Lolli is a Chrome extension. The easiest way to get started is by downloading the app and installing it for your browser.
Let goes over the step that you need to do to set up Lolli.
Download The Lolli App Extension
The Lolli is available for both Chrome and Firefox.
Sorry Apple users, Safari is no longer gets updated or supported by the Lolli team.
To download the app, you can visit Lolli Website then click on the Add to Chrome button to start installing the browser extension.
Once you have installed the app, you can move on to the next step.
Activate The Lolli App
You activate Lolli by registering for an account with Lolli.
Lolli gives you two options to register for a free account. You can register using your Facebook account or your email address.
If you are using the email address option, Lolli requires you to verify the email address to complete the process.
The entire activation process should take less than 5 minutes.
Now you are set up to collect free Bitcoin.
Earn Bitcoin Shopping Online
The way to earn free Bitcoin is by shopping for your favorite brands online.
The Lolli app will automatically detect every time you shop online and visit a partner’s website.
The app alerts and informs you the amount of Bitcoin you could potentially earn back purchasing at the participant store.
Once you have made a purchase, Lolli receives a referral commission from its partner. The company shares a portion of the referral commission with you, the consumer, as Bitcoin rewards.
Once the refund period has expired, Lolli then transfers the Bitcoin rewards into your Lolli wallet, which you can cash out to a hardware wallet or a crypto trading platform.
Lolli Wallet
Lolli Wallet is the place to hold all your Bitcoin rewards.
When you registered for an account, Lolli created this wallet for you.
So, you don’t even need a Bitcoin wallet to start earning cryptocurrencies.
You can keep Bitcoins in this Lolli wallet until you are ready to cash out. The cashout threshold is $15.
We’ll discuss Lolli’s cash-out options and fees below.
But first, I want to discuss the online stores that participate in the Lolli Bitcoin reward program.
Lolli Partners – Stores Lolli Work With
Lolli claims to partner with over 1,000 online stores for you to earn free Bitcoins.
We review the Lolli partner list and discover merchants from auto parts, health & beauty, travel, fashion, consumer electronics, office supplies, pet supplies, and more.
Here are a few of the well-known merchants on the Lolli partner list:
- Adidas – Up to 12% Bitcoin Back
- Macy’s – Up to 5.5% Bitcoin Back
- Expedia – Up to 4.5% Bitcoin Back
- Office Depot and OfficeMax – Up to 4.5% Bitcoin Back
- Saks Fifth Avenue – Up to 4% Bitcoin Back
- Gap – Up to 3% Bitcoin Back
- Hotels.com – Up to 3% Bitcoin Back
- Marriott – Up to 2% Bitcoin Back
- Walgreens – Up to 1.5% Bitcoin Back
- Best Buy – Up to 1% Bitcoin Back
- eBay – Up to 1% Bitcoin Back
- Kroger – Up to 1% Bitcoin Back
- Safeway – Up to 1% Bitcoin Back
- Sam’s Club – Up to 1% Bitcoin Back
- Goodyear Tire – Up to 8% Bitcoin Back
- Discount Tire – Up to 4.5% Bitcoin Back
- Ace Hardware – Up to 3% Bitcoin Back
- Advance Auto Parts – Up to 1.5% Bitcoin Back
To see the most up-to-date list of merchants, I suggest you visit the Lolli Website.
The bad news is, the following popular retailers are not on the list:
- Amazon
- Walmart
- Target
At this point, you might wonder why uses Lolli if Amazon is not on the list?
Well, Lolli says the company is working tirelessly to create new partnerships with retailers.
Amazon and Walmart are not on the Lolli partner list today, but it can change. In other words, expect their list of partners to continue expanding.
How Much Can You Earn With Lolli?
You do not earn a lot with the Lolli app.
Many review articles claim shoppers to earn 30% percent back in Bitcoin from purchases is untrue.
The average Bitcoin reward is 1.5% to 5% for each shopping trip. But, it takes 30 to 90 days to receive a Bitcoin reward.
Why such a long delay for the small earnings?
Well, Lolli must verify each purchase with its retail partners and waiting for the return and refund period to expire.
So, if you are thinking of making a lot of money with Lolli, you will be disappointed.
According to multiple sources online, the average earning on Lolli is between $30 to $50 per year.
Then you have others reported earning of hundreds with Lolli in a few weeks or months.
As an average online shopper, you do not earn much by using the Lolli browser extension.
The best way to make money with Lolli is through referrals. We’ll discuss the Lolli affiliate program later in this review.
Right now, you probably want to know how to cash out the Bitcoin rewards.
How Do You Cash Out On Lolli?
Your Lolli Wallet must meet the minimum $15 balance requirement to cash out.
Lolli offers two options for members to withdraw their Bitcoins.
You can transfer your Bitcoins to a crypto wallet or convert Bitcoin to cash.
Lolli doesn’t charge a fee for transferring Bitcoins into a personal wallet.
However, there is a $0.25 transaction fee for exchanging into dollars.
Honestly, I don’t know why you want to convert Bitcoins to cash.
If you want to earn cashback on each purchase, you should join Rakuten. This consumer loyalty site pays you in cash with free withdraw.
Other Way to Earn On Lolli – Lolli Affiliate Program
Besides earning Bitcoins with purchases, Lolli has more options for you to collect free Bitcoins.
As I have mentioned earlier, the best Bitcoin reward is through the referral program.
Here’s how the Lolli affiliate program works.
- Lolli will pay you $1 worth of Bitcoins for every user who signs up using your referral link or code.
- The company pays another $5 in Bitcoin when your referral makes the first purchase using the Lolli app.
- You earn Bitcoin each time a referral uses the app to make a qualified purchase.
You can use the Lolli affiliate program to rack up a lot of Bitcoins. Many affiliate marketers join Lolli to make money with this program. You can do the same. I’ll share with you the detail at the end of the review.
Is Lolli App Safe and Secure?
We know Lolli is legit and have discussed various ways to earn free Bitcoins.
The next thing we need to review is the app security.
Is your personal and payment information safe with the Lolli app?
The company says yes. The app offers a high level of security.
- The app doesn’t track which sites you visit.
- The company never sells personal information or data to any third party.
According to the company, you have nothing to worry about as long as you keep your wallet with Lolli.
But in reality, due to cryptocurrency transaction issues, the Bitcoins are not yours until you successfully move them into a personal wallet.
The Lolli app appears safe and secure. However, it’s never a good idea to hold mass amounts of bitcoin in your Lolli wallet.
The Benefits and Disadvantages of Using Lolli App
Consumer loyalty programs have been around for many years. These programs offer benefits to both shoppers and retailers.
Merchants use this marketing model to encourages buyers to keep doing what they love at their favorite retailers.
Shoppers join loyalty programs such as Lolli to get discounts.
Lolli seems to be a win-win program.
Then, what are the reasons not to join?
Here are the pros and cons to help you understand.
Lolli Pros
- You earn free Bitcoin.
- The program offers you a way to save money.
- The discount alert feature makes earning effortless.
- It is a better way to learn and start investing in Bitcoin.
- Lolli has over 1,000 partners and growing.
- The loyalty program pays a high percentage reward compared to traditional cashback sites.
Lolli Cons
- The pay rate is low. You earn less than $50 a year with the Lolli app.
- It takes 30 to 90 days to get the Bitcoin rewards.
- You have to shop at a participating retailer to qualify for free Bitcoin.
- The $15 cashing out threshold is too high. Some people have to wait for months or years to meet this requirement.
- It pays in Bitcoin, and it cost to convert to cash.
- You cannot use the app for in-store purchases.
The main reason people are not using Lolli is the low pay rate.
Not a lot of people can wait for a year to earn enough for a cup of coffee.
If you are looking to earn passive income online, consumer loyalty programs are not the right opportunities.
Is Lolli Worth It? The Conclusion of Lolli Review
Adding the Lolli app to your browser is worth it. Especially for those who are doing lots of purchasing online.
It takes less than five minutes to install the app and start earning free Bitcoins.
If you are not a fan of Bitcoin, you can install the Rakuten browser extension to get discounts on all your purchases.
Consumer loyalty apps are a great way to save while you shop. But, getting cashback is not an opportunity to earn supplemental income.
To earn passive income, you have to participate in the affiliate marketing program. I am talking about referring people to use the Lolli app.
It’s nice to get a few bucks referring a few friends and family members.
If you want to refer a lot of people, you have to build an affiliate marketing website.
Creating an affiliate marketing website is the cheapest way to make money online.
Let me show you the potential earning with the Lolli affiliate program.
Lolli pays a minimum of $5 per referral. If you own an affiliate marketing website with 5,000 visitors a month, you could earn $25,000. It is real. That’s how I make a living as an affiliate marketer.
I understand you are here to read this review of Lolli.
So, I will not discuss the affiliate marketing business here.
If you want to learn more, I suggest reading this article, the #1 Opportunity To Make Money Online. It will help you to understand how the affiliate marketing business works.
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I hope this Lolli review answers your doubt about the Lolli app.
Until next time.
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