[ad_1]
The eBay auction marketplace is partnering with Lolli, a crypto-centric shopping app, to supplement Bitcoin (BTC) rewards for its 127 million users.
Lolli announced Wednesday that its users can earn 1% in Bitcoin when shopping on the eBay marketplace. The initiative is part of a dual strategy to integrate cryptocurrency payments with online marketplaces and to raise awareness of digital assets.
Lolli CEO and co-founder Alex Adelman said:
“Today, we are proud to partner and make bitcoin more accessible to those users and continue our mission of promoting bitcoin education and adoption.”
Matt Senter, CTO and co-founder of Lolli, added:
“We are proud to launch with eBay just in time for Black Friday and Cyber Monday as a gift to our loyal Lolli buyers. We have worked tirelessly to make this integration possible in time to allow people to earn bitcoins on all their Christmas shopping. this year. “
Lolli is a cryptocurrency company that allows users to earn free Bitcoin or cash when they shop at over 1,000 partner stores. The company’s free Chrome extension sends notifications to the browser whenever a user visits a partner reseller’s site. This feature is now also available for eBay users.
The eBay marketplace is integrating Lolli just in time for the holiday shopping frenzy. Online sales related to Black Friday and Cyber Monday are expected to exceed $ 22 billion this year.
Bitcoin’s price has appreciated 160% since the start of the year, far outstripping traditional financial assets. Earning Bitcoin for free can be even more tempting for shoppers this holiday season as the flagship cryptocurrency blazes a new path to all-time highs.
The largest cryptocurrency recently made headlines over what many are calling a BTC supply shortage. PayPal, which recently integrated cryptocurrency payments, is reportedly buying nearly 70% of all newly mined Bitcoins.
Lolli did not immediately respond to a request for comment.
