Bitcoin reward startup Lolli is working with eBay to give its 127 million users the opportunity to get their money back in BTC when they shop on the eBay marketplace.
Lolli Co-Founder and CEO Alex Adelman announced in a blog post that Lolli users can now earn 1% through the eBay collaboration.
“We are delighted to be partnering with eBay, the largest online auction market, and are offering over 127 million eBay users the opportunity to win back Bitcoin for their orders. eBay has made online shopping more accessible to the world over the past 25 years.
Today we are proud to partner and make Bitcoin more accessible to these users and continue our mission to promote the formation and adoption of Bitcoin. “
The integration of the eBay marketplace comes in time for the Christmas rush expected Generate $ 139 billion in e-commerce sales at all US retailers.
“We are proud to start on eBay right on time for Black Friday and Cyber Monday to pamper our loyal Lolli customers. We have worked tirelessly to make this integration possible in a timely manner so that people can earn Bitcoin on all of their Christmas purchases this year. This is the way.”
Lolli was founded in 2018 with the aim of integrating crypto payments into e-commerce while raising awareness of the advantages of digital currency.
In an interview with CNN’s Fist Move in February of this year, Adelman said that many of his users are experiencing Bitcoin for the first time through the Lolli app and that 90% of their users are sticking to their Bitcoin.
“Many of our users see this as an investment. I think the data right now is that over 90% of our users are just keeping it as an investment. Very few actually exchange it, and I think that’s a sign that people are treating it as an investment account. They treat it as a saving technology which I think is Bitcoin’s biggest feature right now. “
To date, Lolli has worked with more than 1,000 retailers, including Priceline, Expedia and Glossier.
Earlier this month, Lolli partnered with Samsung to give its users the opportunity to earn BTC when they buy any of Samsung’s electronic products.
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