Crypto cashback reward programs are a relatively new concept that has been gaining popularity in recent years. These apps allow users to earn cryptocurrency rewards for making purchases and completing other tasks.
What are the benefits of crypto cashback rewards programs?
One of the main benefits of cryptocurrency cashback is that they offer users the opportunity to earn additional income in the form of digital goods.
This is especially important in a world where traditional savings accounts and investments often fail to keep up with inflation.
Another key benefit of cashback apps is that they offer users an easy way to enter the crypto world.
Many people are intimidated by the complex technical aspects of cryptocurrencies and do not know how to get started.
However, by earning cryptocurrencies through cashback rewards and redemption apps, users can become familiar with digital assets and better understand how they work.
In addition to providing users with the opportunity to earn cryptocurrencies, cashback rewards and rebate apps can also help promote the adoption of digital assets.
By incentivizing consumers to use cryptocurrencies for everyday transactions, these apps can help increase the overall demand for digital assets and encourage merchants to accept them as a form of payment.
There are several cryptocurrency cashback and discount apps currently available on the market.
Among the most popular are Lolli, Pei, and Fold. Each of these apps offers unique features and benefits, but they all operate on the same basic principle: reward users for making purchases and completing other tasks.
Although apps for cryptocurrency rewards and discounts can be a great way to earn additional income and promote the adoption of digital assets, it is important for users to be cautious and do research before using these apps.
Some apps may have hidden fees or other limitations that users should be aware of before signing up.
In the coming years, the use of cryptocurrency rewards and discounts will continue to grow in popularity.
As more people become familiar with digital assets and begin to see the benefits of using cryptocurrencies for everyday transactions, demand for these apps is likely to increase.
Let’s see what the best apps are.
The 5 best apps for crypto cashback rewards programs
LOLLI – Crypto’s Honey: among the best crypto cashback programs
Lolli is one of the most important projects in the industry. Its operation is similar to desktop rewards platforms such as Honey.
Users can install the desktop plugin, accessible only on the browser, and then browse through the various categories of stores for which Lolli offers incentives. After purchasing and completing the checkout process using the Lolli plugin, they can earn up to 10% cashback in Bitcoin on their purchases.
Lolli is supported by numerous digital stores, each of which offers different levels of cashback on purchases. Macy’s, TopShop, Sears, Rag & Bone, and many other well-known brands are among them. Lolli stands out for its relative ease and simplicity of use.
Its clean user interface and simple design make it easy to install on your browser.
PEI – Automatic Cashback in Bitcoin
Pei is a mobile app that has a similar payment system to MoneyBox, in which it provides instant cash or Bitcoin contributions to your account when you make a purchase with a linked card.
To start using Pei, simply download the free app on Android or iOS, register, add your preferred card, and start earning secondary discounts from your payments. Payments are not immediately credited to the account in fiat or Bitcoin, which are the two options available to users.
However, each card payment reflected in the app adds points to the total.
PEI stands out for offering cashback and better points as you continue to use it.
Currently, PEI only allows users to get USD or BTC. However, the company has announced that it will include other cryptocurrencies in the near future.
EARN.COM – Crypto for contributions
In recent years, the gig economy has seen significant growth, with individuals earning extra income through apps such as Lyft and UberEats.
Another gig economy app, Earn.com, offers users the opportunity to earn cryptocurrency by completing a series of tasks.
These tasks can include answering questionnaires, participating in studies, or responding to specific emails.
Completing each task earns a small amount of Bitcoin, so even investing a small amount of time can yield decent earnings in the future.
Users create a public profile on Earn.com, allowing others to post messages and tasks without revealing personal contact information.
Once you complete a task or respond to a message, you receive a reward in Bitcoin, which can be paid into your Bitcoin wallet or Coinbase account.
BITCOINREWARDS – Rewards in multiple crypto assets
BitcoinRewards offers users an intuitive way to start earning rewards by linking their cryptocurrency account and wallet and shopping at a wide range of stores.
This platform provides access to a variety of stores, including those for home decor, high fashion, travel, and beauty products.
The level of cashback varies by store, from 1.6% for stores such as Game to 16% for Udemy, an online education platform.
In addition to offering a significant variety of stores and discounts, BitcoinRewards regularly updates its social media and front page with time-sensitive promotional offers.
For example, it currently offers discount codes and higher cashback rates for Rosegal and Contiki. However, a downside of BitcoinRewards is that its platform can be overly busy, which can confuse some users and discourage them from using it.
SATSAPP
The team behind SatsBack and CasaHODL also launched SatsApp, a well-known cryptocurrency project that has received mixed reviews due to its limited accessibility.
According to the team, only Casa Gold, Platinum and Diamond members can access the platform.
However, SatsApp is one of the few platforms that use both Bitcoin and its layer-2 Lightning Network. SatsApp is available on both Android and iOS and allows users to make quick payments while earning discounts.
Source: https://en.cryptonomist.ch/2023/04/16/cashback-reward-best-crypto-programs/