Bitcoin Rewards Can Now Be Earned with Postmates Purchases
By Luke Flowers - Cryptocurrency Speculator
Bitcoin rewards platform Lolli is about to give its users a real treat.
On Wednesday, the startup announced that it has partnered with delivery service Postmates, making it another one of the many popular apps that have joined Lolli’s rewards program. Users of both apps will be able to earn Bitcoin as a reward for their purchases. New users who may not buy and sell Bitcoin may gain exposure and can sell Bitcoin back to the market for extra incentive to use the service.
According to Crunchbase, the popular food-serving app witnessed an overwhelming 2,094,920 downloads in the last 30 days alone at time of writing. This could be great exposure for buying and selling Bitcoin.
The app was launched over a year ago back in September 2019 on seed funding of approximately $2.35 million. This summer, Lolli has included several new partners, including Hotels.com in June and national grocery chain Safeway in July. As of writing, Lolli has over 750 online retail partners, including Sephora and Walmart in which you can earn and sell Bitcoin to the market. These users may also be able to purchase goods or services from these stores with the Bitcoin.
Lolli claims that over 40% of its customers are new to the cryptocurrency world. Alex Adelman, co-founder, and CEO of Lolli who spoke with CoinDesk says that Lolli aims to bring Bitcoin into the mainstream.
Adelman says, “This is another step towards the mainstream adoption of Bitcoin as Postmates is used daily by people across the US. One of Lolli’s objectives is to make Bitcoin a part of people’s everyday lives” and Postmates believes this partnership will help achieve this.
You can head over to our platform to sell Bitcoin UK through your trusted Bitcoin broker.