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What is Lolli? All EXPLAINED In This Detailed Review!

Is Lolli Legit? A Detailed Review

With so many ways to earn money online these days, it can be difficult to determine what is legit and what isn't. In this detailed review, we take an in-depth look at the cashback website Lolli to help you decide if it's worth your time.

Lolli Sign Up

What is Lolli?

Lolli is a popular cashback website that pays users in Bitcoin. It partners with various major online stores and gives you cashback when you shop through Lolli at those stores. The cashback percentage varies depending on the store and can be up to 30% of your purchase.

Here's how the Lolli cashback program works in more detail:

  1. You sign up for a free Lolli account by entering your email address and creating a password.
  2. You then connect a Bitcoin wallet address to receive your cashback payments. Lolli supports most major Bitcoin wallets like Coinbase, Binance, and Exodus.
  3. You shop online through the Lolli website or browser extension at one of their 750+ partner stores like Walmart, eBay, and StubHub.
  4. Lolli tracks your purchase and pays you the specified cashback amount for that store in Bitcoin.
  5. Your cashback earnings are held for 30-90 days, then released and paid into your connected Bitcoin wallet.
  6. You can withdraw your earnings to your Bitcoin wallet once you hit the minimum $15 threshold. There are no fees for withdrawals.

In addition to the cashback you earn from shopping, Lolli also offers a generous referral program. You receive $10 in Bitcoin for each friend you refer to the site. Your referred friends also get $10 as a signup bonus.

Lolli Payment Methods

Lolli is unique in that they only pay out earnings in Bitcoin. They do not offer any other payment methods like PayPal, gift cards or direct bank transfers. All cashback and referral earnings are paid in BTC directly to a Bitcoin wallet that you connect to your Lolli account.

Here are some important details about Lolli's Bitcoin payment system:

  • Your cashback and referral earnings are first tracked in your Lolli account dashboard in USD. Once the 30-90 day hold period is over, the funds are converted to BTC and paid out.
  • You need to provide a Bitcoin wallet address to receive payments. Lolli supports most major wallets like Coinbase, Binance, Exodus, Ledger, and Trezor.
  • There is a $15 minimum threshold for withdrawals. Your balance must reach $15 before you can withdraw your BTC.
  • If you earn $600 or more per year, you will need to provide your SSN for tax reporting purposes. Lolli does not withhold any taxes from your payments.
  • The value of your earnings in BTC will depend on the exchange rate at the time of your withdrawal. This means you may receive more or less than the USD amount shown in your account.

The main advantage of being paid in Bitcoin is that you have the potential to gain from any increase in the value of BTC. However, the downside is that the value of your earnings could also decrease if the price of Bitcoin drops. You also have to set up a Bitcoin wallet to receive payments which may be inconvenient for some.

Lolli Earning Potential

Your earning potential with Lolli depends on several factors, including:

  • How often you shop online through Lolli stores - The more you shop, the more cashback you can earn.
  • The cashback rates of the stores you shop at - Rates range from 1-30% typically. Shopping at stores with higher rates will maximize your earnings.
  • The amounts you spend at each store - Larger purchases will equal higher cashback payments.
  • Referring friends to join Lolli - You earn $10 in BTC for each friend who signs up and connects a wallet.

According to user reports, most regular Lolli users earn between $10 to $50 per month in cashback. The top users who shop frequently at high-rate stores and refer many friends report earning over $1,000 per month. While $10-$50 per month may not seem like a lot, over the course of a year it can add up to $120-$600 in free Bitcoin.

The more you use Lolli for your regular online shopping, the more you can earn. But keep in mind that cashback is not guaranteed for every purchase and payments are not instant. The 30-90 day holding period means you have to wait to receive your earnings. Lolli is best viewed as a way to earn passive income over time, not a way to make fast money.

Available Platforms

You can access Lolli and start earning cashback through the following platforms:

  • The Lolli website - You can manually browse cashback offers, shop through Lolli stores, refer friends and access your account dashboard on the Lolli website.
  • The Lolli browser extension - Lolli offers free browser extensions for Chrome and Firefox. The extension automatically applies available cashback offers when you shop at partner stores. The extension provides the most convenient way to earn with Lolli.
  • The Lolli mobile website - You can access your Lolli account, shop at stores and view offers on your phone or tablet through the Lolli mobile website. However, there is currently no Lolli mobile app available.

While Lolli does not offer a mobile app, their mobile website works well and the browser extension provides an easy way to earn cashback on desktop and laptop computers. The extension is available for both Chrome and Firefox, so you can install it on multiple browsers if needed.

How to Join Lolli

Joining Lolli is quick and easy. Just follow these simple steps:

  1. Go to the Lolli website and click the "Join Now" button.
  2. Enter your email address and create a password to setup your free account.
  3. Check your email and verify your account.
  4. Connect a Bitcoin wallet to receive your cashback and referral payments. Lolli supports most major wallets like Coinbase, Binance, Exodus, Ledger, and Trezor.
  5. Install the Lolli browser extension on Chrome or Firefox for automatic cashback.
  6. Start shopping at Lolli stores and earning cashback! Refer friends to boost your earnings.

Once you complete these steps, you're all set to start earning with Lolli. Be sure to check the Lolli store list to shop at places you already frequent. The more you shop through Lolli, the more opportunities you'll have to earn cashback.

Pros and Cons

Here are the main pros and cons to consider before using Lolli:

Pros

  • Free to join and use - There are no fees for members
  • Cashback rates up to 30% at 750+ stores - Good earning potential, especially if you shop often
  • Browser extension makes earning automatic - Easy passive income
  • $10 referral bonus for each friend - Generous referral program can boost your earnings
  • Paid in Bitcoin - Opportunity to gain value from any increase in BTC price

Cons

  • Limited to US users only - Not available internationally
  • Cashback is not instant - 30-90 day hold period to receive earnings
  • $15 minimum payout threshold - Have to earn at least $15 before you can withdraw.
  • Need to deal with Bitcoin volatility and wallets
  • Fewer stores compared to some other cashback sites

Summary

Overall, Lolli is a legitimate way to earn cashback when you shop online. However, the cashback rates, store selection, and payment methods may not be as favorable compared to some competing cashback sites.

The unique Bitcoin payment method is intriguing for some users. But dealing with Bitcoin could be a pro or con depending on your preferences.

Lolli is easy to join and offers a real opportunity to earn. Just don't expect to get rich. With consistent shopping through Lolli stores, you can realistically earn some nice cashback rewards.

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