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Samsung Now Allows You to Earn Bitcoin Rewards

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Fri, 11/06/2020 - 19:48
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Alex Dovbnya
Lolli users can now earn Bitcoin rewards when purchasing Samsung products
Samsung Now Allows You to Earn Bitcoin Rewards
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South Korean electronics giant has renewed its partnership with cryptocurrency-focused shopping app Lolli that was initially announced back in February 2019.
 
From now on, Lolli users can purchase various Samsung products (TV, washers, mobile phones) and earn up to 4.5 percent back in Bitcoin rewards.

The company also added support for technology company Garmin and cosmetics brand Fenty Beauty last month. 

In May, the startup wrapped up a $3 mln seed round that had such notable participants as Sound Ventures, a venture capital firm founded by superstar actor Ashton Kutcher.

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Lolli — which was founded back in 2018 — started offering cryptocurrency awards to the American users of Alibaba back in November but the partnership fell through. 

Presently,  Lolli supports over 1,000 top stores but it is only available for U.S.-based customers.

As reported by U.Today, CNBC included it on its “Upstart 100” list in 2019. 

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About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.