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Online shopping has become increasingly prevalent in the past few years, thanks to its simple and convenient nature.
With its advent, the number of ways to save a little extra money has increased as well. Most online shopping platforms support discounts or coupon codes that either give you a flat discount or other perks like a free item.
And that’s where shopping extensions enter the picture. Shopping extensions offer the user a reward in some form by searching promo codes online and automatically applying them to the items in your cart.
The trouble is, if you’re enthusiastic about cryptocurrency, finding a browser extension that earns you free Bitcoin while shopping can be difficult. After all, there is always the fear of the extension being legitimate or not.
So, to find out if it can be the Bitcoin shopping extension for you, here’s our Lolli review!
About Lolli
Lolli is a browser extension that is free to use and chiefly targets the crypto market. It was designed to draw more customers into the cryptocurrency scene and make crypto more accessible to everyone.
At its core, Lolli app is a loyalty rewards program that encourages customers to shop by offering free Bitcoin in return. As the user continues to make purchases, the extension will let them earn and own more free Bitcoin rewards.
Compared to other extensions, Lolli is a relatively new addition to the online shopping markets. Even so, the extension supports more than 10,000 brands, allowing you to earn Bitcoin passively while shopping online.
Currently, you can use it with four browsers: Google Chrome, Microsoft Edge, Mozilla Firefox and Safari. This gives it decent enough coverage, as they are all some of the most popular browsers on the internet.
Lolli could be an option to consider if you want an easy way to earn Bitcoin over gift cards and discounts.
How Lolli Works
The setup process for the Lolli app is pretty straightforward and can be completed in just a few minutes. Simply visit the extensions page of your web browser and add Lolli to it.
Within seconds, the extension will have been installed, and you will be able to check it on the extensions tab of your browser. After this, sign up to Lolli using an email and a password, and you’re ready to shop and earn free Bitcoin.
After the initial setup, you can visit any of the 10,000+ shops that have partnered with Lolli to check for any rewards and discounts. If there are any available, you will see the Lolli app icon glow on your extensions bar, clicking which will show you the relevant deal.
Additionally, you will be able to see how much Bitcoin you will earn for purchasing a product from the Lolli partner. This Bitcoin is deposited into your Lolli account to be redeemed once the purchase has been made.
The earning percentage can range from 1.5% to 30% in Bitcoin, which can quickly become a decent amount as you continue to shop. Of course, the higher your order value is, the more Bitcoin you will earn.
Moreover, if you want to transfer earnings to a Bitcoin wallet, you will not be charged any transfer or transaction fee. This, coupled with the high earning percentage, make the extension an option to consider as an online shopping extension.
The Bitcoin Earning Potential
As mentioned earlier, the order value has a large bearing on how much Bitcoin you earn, which is similar to a typical cashback. Order value aside, you can also earn a decent amount of Bitcoin through referrals.
Lolli rewards users with $10 per referral, which is provided to the referred person as well. If you have a friend circle that shops very frequently, referring the Lolli app to them can be very lucrative for everyone involved.
Additionally, the percentage of earnings compared to other extensions is comparatively high. If you continue shopping online frequently throughout the year, there’s a chance of earning a couple of hundred dollars by the end of the year.
For an average user, however, this amount could be as low as $20-30 per year.
Stores Compatible With Lolli
Among the 10,000+ brands that have partnered with Lolli, there are several that are quite popular in the online shopping space.
Some of these top brands are:
- Safeway
- Casper
- Gap
- Toms
- Amazon
- Old Navy
- Udemy
- Nike
- Best buy
- Petco
- Sephora
- Harry’s
The extension has retail partners in nearly every shopping field, so there is a good chance that you end up finding good Bitcoin deals while shopping online. Depending on the brand, you may earn a specific percentage of Bitcoin back when you make a purchase.
And since Lolli works with Amazon as well, you won’t need to visit a brand-specific website to earn Bitcoin. You can continue to shop normally and earn free Bitcoin in the process.
Is Lolli Secure?
Cybersecurity is a legitimate concern, especially when online purchasing and banking are concerned. News of cybersecurity attacks causing companies to lose massive amounts of money does make many concerned about filling out personal or banking information. After all, no one would ever want their money to be lost in a digital security breach.
For starters, the Lolli app collects only the information that is directly provided by the user to activate Lolli wallet. The only data that Lolli app accumulates is anonymous data from Google Analytics. Other than that, the extension doesn’t track the user’s browsing history or personal information.
Lolli uses digital security measures to protect users’ wallets and keep their earned amount secure. It aims to ensure that any earned amount only goes to the users’ Bitcoin wallet or bank account and nowhere else.
The Drawbacks Of Lolli
One of the largest drawbacks of using Lolli for earning Bitcoin is the amount of time it needs to process the earnings.
The extension could take up anywhere from a month to 90 days before you see the earnings show up in your wallet. This is particularly notable since the amount of Bitcoin you earn from it will not be particularly large.
There is a reason for this, in that Lolli app must verify each purchase from its partners to ensure seamless transactions in the future. Additionally, if the user chooses to return the product, it could complicate the Bitcoin earning system. By waiting for up to 90 days, Lolli ensures that the user will not return the product after purchase.
This may not be entirely desirable since, at its core, Lolli app is a loyalty rewards program. That said, it can be considered the consequence of the online shopping process instead.
Another flaw that can hold the extension back is the minimum amount required to cash your Bitcoin out. You must have a minimum of $15 worth of Bitcoin in your Lolli wallet to cash out and use it elsewhere. Moreover, if you want to cash the Bitcoin out to a US bank instead, you will have to pay $0.25 as a transaction fee.
Alternatives To Lolli
There are several alternatives to Lolli that reward the user with discounts, gift cards or Bitcoin while shopping online. Each of these has partnered with different brands and offers various earning percentages, so feel free to see which suits you the best.
1. Honey
Honey is a popular browser extension that automatically searches for coupon codes online and applies them to the items in your shopping cart. Created by the fintech giant PayPal, Honey is fast and efficient, alerting you to deals while you shop.
In addition to the coupons and gift codes, the extension tracks the price of an item in your Honey Drop List. Once the price drops, the extension will email you, allowing you to get the deal as soon as possible.
2. Capital One Shopping
Capital One Shopping is a browser extension that searches for better offers, finds coupons and applies them at checkout. And much like Honey, it lets you know when the price of a particular item that you’ve viewed or purchased drops.
You can also view trending deals, as well as the amount of money you save for each item on the list.
3. Pei Browser Extension
Pei is an extension that is much closer to Lolli in terms of functionality. Created by the developers of the Pei mobile app, it’s an extension that can help you earn Bitcoin or cashback as you continue to shop online.
Currently, the extension supports 8,000+ retailers that reward you with Bitcoin or cashback for shopping. As you shop online, your rewards are accrued automatically. Additionally, like Lolli, it allows users to share links with friends and earn a bonus.
Final Verdict
As far as Bitcoin earning extensions are concerned, Lolli is an option worth considering. Since there aren’t as many Bitcoin-earning extensions on the market, you may stick to it for the time being. The company is improving its services day by day, after all.
That said, the encashment waiting time and the transaction fee for transferring to a bank may hold it back slightly. If you’re okay with earning cashbacks or gift cards instead, you can look at Honey and Capital One Shopping as well.
The bottom line is, the Lolli browser extension is a safe and legitimate way to earn some Bitcoin as you shop online.
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