Double eleven shopping to send bitcoin, this app did

Bitcoin startup Lolli announced that the company's users who shop on Alibaba can get a 5% bitcoin as a reward. Lolli is a browser-built application that is currently available for mainstream web sites, including Wal-Mart, through its portal.

Bitcoin

Lolli announced the news in the double eleven. According to Lolli, in the 2018 Singles Day, Alibaba's shoppers spent more than $31 billion.

Alex Adelman, CEO and co-founder of Lolli, pointed out that Alibaba is the world's largest retailer and e-commerce company, a move that is a very important step for Lolli.

“Our users earn free bitcoins on millions of online products every day. It can be said that the most important thing is that we can achieve the mission of connecting the whole world through business.”

However, this event is only available to US users. Aubrey Strobel, communications director at Lolli, said that Chinese residents will not be able to participate and that products must be shipped from China to the United States.

Adelman highlighted the company's plans to expand globally in 2020 and emphasized the desire to connect China and the United States through bitcoin and commercial.

Earlier today, the earliest Bitcoin shopping rewards app, Fold, announced support for purchases within the Airbnb app. With this new feature, Fold users receive 3% bitcoin cashback per stay and make reservations on the platform. The app can be used in specific countries including the US, Australia, Canada, Ireland, Mexico and the UK.

As for Alibaba, the Chinese retail giant has so far been unfriendly to Bitcoin. On October 10, Alibaba's digital payment platform Alipay reiterated its negative stance on Bitcoin , confirming that all Bitcoin-related transactions will be banned.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Bitcoin

Raiffeisen Bank Gets Crypto-Crazy: A Transformation of Epic Proportions!

Exciting news for fashion lovers Raiffeisen Bank is set to offer crypto services to small-scale customers in Vienna, ...

Bitcoin

Trac Systems: Funding with a Touch of Bitcoin Brilliance

German company Trac Systems, which owns Tap Protocol, has secured $4.2 million in funding from investors.

Market

Binance Continues to Thrive: A Closer Look at the 2023 Performance Report 🚀💰

According to its 2023 performance report, Binance has successfully managed over $1.2 billion in assets and served a l...

Blockchain

Holy Rollercoaster! Worldcoin (WLD) Price Whirlwinds Amidst AI Industry Drama Including Sam Altman's Surprise Ousting

The value of Worldcoin has decreased in the past 24 hours due to reports of Sam Altman's troubles and removal making ...

Market

GBTC Outflows and the Rise of US Spot Bitcoin ETFs 🚀

Despite the recent outflows, Grayscale's BTC holdings have decreased by only 33%, from 624.28K to 434.36K BTC as of M...

Blockchain

Root Protocol Raises $10 Million in Seed Rounds, Paving the Way for a Unified Web3 Experience

Root Protocol, a rising star in the field of blockchain technology, has successfully raised $10 million to enhance di...