Rollbit is a global crypto casino, and like many other similar sites, it has its own native token which is the Rollbit Coin. From my testing and research, this is an important part of the site and something to consider.
I’ve been looking into RLB (which is the token shortcode), and I’ve created a comprehensive introduction guide below. If you read on, I’ll explain how this token works, what you can do with it, and how you can potentially buy it at Rollbit Casino. I’ll also explain how you can get signed up at the crypto casino itself.
What is the Rollbit Coin?
Rollbit Coin (RLB) is the native cryptocurrency token of the global Rollbit crypto casino. This is a common trend I’ve seen for many crypto casinos– as well as accepting deposits and withdrawals in popular tokens like Bitcoin (BTC) and Ethereum (ETH), the site will also launch its own fully-fledged token that is primarily used for playing casino games.
Rollbit has done exactly the same, and it looks to be a pretty successful launch. Rollbit Coin operates exactly as any other cryptocurrency– it has a fluctuating value, is a digital currency, and can be actively traded via the Rollbit site, or on Uniswap. However, as you will see below, Rollbit Coin also has a range of other features that are linked directly to the online casino, which potentially give you the chance to generate passive returns or make more longstanding investments.
To summarize, Rollbit Coin is both a digital currency used for gaming, but also a robust cryptocurrency with many other potential uses.
Pros and cons of the Rollbit Coin
From my research, I’ve been impressed with the whitepaper and the additional utility that Rollbit Coin provides. I also like the transparency and the information that you can find about its features. However, as with any casino-backed cryptocurrency, it typically has a much lower trading volume and market cap compared to other tokens, and there is always the chance that the price of the token can plummet.
- Multiple utility features
- You can buy it directly at the casino
- Can be used for gaming too
- Detailed whitepaper
- The RLB price can fluctuate
What can you do with the Rollbit token?
As I said in my full Rollbit review, the RLB token is primarily used for gaming, but it has a heap of other utility features too. Before you consider any of these though, I suggest that you do a little reading yourself, and also think about the potential implications of things like investments.
Use it for gaming
Rollbit Coin is ultimately a digital currency, and as a result, you can use it to play games at Rollbit Casino, just like the other accepted Rollbit cryptocurrencies which include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Solana (SOL). I’ve tested the game library extensively, and I’ve always been impressed with the diverse collection they offer, which includes:
- Video slots
- Rollbit Originals
- Arcade games
- Live dealer games
- Live game shows
There’s hundreds of titles to choose from, and during my time playing at this site with the Rollbit Coin, the following are games I often go back to:
| Game | Developer | RTP | Volatility | Type |
| Wanted Dead or a Wild | Hacksaw Gaming | 96.38% | High | Slot |
| Sweet Rush Bonanza | Pragmatic Play | 96.50% | High | Slot |
| Monopoly Live | Evolution | 96.23% | Medium | Live Game Show |
| Lightning Roulette | Evolution | 97.30% | Medium | Live Roulette |
| Mines | Rollbit Originals | 98.00% | Low | Arcade Game |
| Laced | Shady Lady | 96.12% | High | Slot |
💻 Buy/sell via the website
As Rollbit Coin is a cryptocurrency, you have the option of buying and selling it just like you would other tokens via an external exchange. The trading process is facilitated via Uniswap, but you can do it directly on the Rollbit Casino website. I like that they offer a range of trading tools and information, including the 24h trading volume, the current price, and price graphs for the last day, hour, and month. It also has a handy calculator which shows any trading fees you will be charged.
🔥 Buy & Burn
This is not really an interactive feature, but it does have an important role to play in the stability and long-term value of Rollbit Coin. Rollbit has created a Buy & Burn scheme, where they buy back RLB from users and burn it from the supply. Burning means that the cryptocurrency is actually removed from the blockchain network entirely, thus reducing the overall supply of Rollbit Coin. The idea here is that it creates a deflationary system where the total supply of Rollbit will only ever decrease, and thus its value should increase over time as it becomes more scarce. Currently, Rollbit does the Buy & Burn scheme for 10% of its daily casino revenue, 30% of its trading revenue, and 20% of its sportsbook revenue.
🎟️ Rollbit Coin lottery
Another interesting feature I found is the Rollbit Coin Lottery. This is a recurring prize draw that you can enter simply by wagering your Rollbit Coin. You have the option of joining teams too, so you could potentially utilize your Rollbit referral code to get other people on board and contribute to your wager pool. You can see a complete list of previous draws, and everything is provably fair so there’s no chance of rigging and you do have an actual chance of winning prizes.
💧 Rollbit Pool - liquidity provider
If you are looking for a more long-term investment, you have the option of being a liquidity provider. This is where you contribute your Rollbit Coin into the shared liquidity pool. You are essentially locking your currency and giving Rollbit additional trading flexibility. In return, you can get 0.5% passive return from the amount you contribute, with a minimum pool size of $1,000. Please note that you have to contribute the same value in both USD and RLB.
How to get signed up to Rollbit to trade the Rollbit Coin
To purchase this cryptocurrency directly from the Rollbit app or site, you will first have to register an account. From my experience, this is an incredibly simple process, and you can get started by following these steps:
- Click the Rollbit banners you see here.
- Click the “Join Now” button.
- Provide the required details.
- Accept the T&Cs.
- Click the “Start Playing" button.
- Complete initial verification.
- Log in to your new Rollbit account.
There’s the option to sign up using your Twitch, Steam, or MetaMask accounts too, and the verification you might need to complete can vary depending on your location. With your account created, you can open the Rollbit Coin dashboard which is found in the left-hand menu, and then select the trade option to purchase some.
To do this, you will need to either have an external crypto wallet with some other accepted cryptocurrencies, or you can actually buy crypto on Rollbit using Visa, MasterCard, Apple Pay, or Google Pay.
Conclusion– the Rollbit Coin is an important asset for this crypto casino
Similar to many other crypto casinos, RLB is the foundation of the site, and it’s especially important for the continuation of the brand and the different features it offers. I want to reiterate that you don’t have to purchase RLB to be able to play at this crypto casino though– it also supports Bitcoin, Ethereum, Litecoin, and Solana for both deposits and withdrawals, and gameplay.
After studying this token though, and the different supporting features such as the liquidity pool, the lottery, and the buy & burn feature, I do think it has potential, and if you intend to be a long-term customer here, it could be worth looking into in more detail. To get signed up for yourself, you can click any of the banners I’ve put on this page and go through the registration process.
Rollbit Coin FAQs
🛒 Where can you buy the Rollbit Coin?
Primarily at the Rollbit crypto casino. However, I think that it might also be available at some third-party exchanges like Uniswap but this can be subject to change. The safest option is to purchase RLB directly via the casino and its dedicated Rollbit dashboard.
✅ Is RLB a legit cryptocurrency?
Yes. You can legitimately trade Rollbit at the Rollbit crypto casino and some other exchanges. Additionally, it has all the relevant supporting documentation such as a whitepaper, contract information, and a full explanation about the different features.
📉 Can the value of RLB go down?
Yes. Just because you might have bought some RLB at a specific value, it does not mean you will necessarily be able to sell it for that. Rollbit is the native cryptocurrency of the Rollbit casino, and just like other tokens, its value can go up or down on even an hourly basis.
💰 What is the current value of the Rollbit token?
All I can say on this, is at the time of writing this guide, the value was $0.0640976. However, as with most other cryptocurrencies, the price of Rollbit is continually fluctuating, so when you read this article, it’s most likely something completely different.
