Rollbit is a world-renowned crypto casino used by hundreds of thousands of players from different countries. The online platform not only accepts deposits in popular cryptocurrencies (there are over 80 of them here), but also offers its own Rollbit Coin, commonly referred to as RLB.
In this article, we will tell you everything you need to know about the crypto futures offered by Rollbit Casino, as well as teach you how to make deposits, withdraw winnings, and even buy crypto using traditional payment methods.
What is Rollbit Coin ( RLB ) ?
Rollbit Coin (RLB) is the native cryptocurrency of the Rollbit platform, a popular online casino and gaming site . Unlike many cryptocurrencies that launch with an initial coin offering (ICO), RLB was distributed to existing users of the platform for free via an airdrop .
Here is a quick overview of its key features:
| Feature | Description |
|---|---|
| Utility | Serves as an entry ticket for the Rollbit Lottery, where users stake RLB to win a share of the platform’s daily revenue. It also has other utilities within the platform, such as for staking and accessing certain features. |
| Deflationary Mechanism | When users stake RLB to enter the lottery, a small fee is charged. Half of this fee is permanently destroyed (burned), which reduces the total supply of RLB over time. |
| Revenue Sharing | The lottery prizes come from a dedicated prize pool funded by 20% of the casino’s daily revenue, allowing RLB holders to potentially benefit from the platform’s success. |
| Blockchain & Supply | RLB is a multi-chain token, primarily existing on the Ethereum and Solana blockchains. Its total supply is capped at 5 billion coins . |
| Centralized Platform | While it uses blockchain technology, it’s important to note that the Rollbit platform itself is centralized (custodial), meaning user funds are held by the company . |
Where can Rollbit Coin be used?
Rollbit Coin (RLB) is the native token of the Rollbit ecosystem, and its primary use is to provide utility and rewards within that specific platform. It functions as a key to unlock various features and benefit from the platform’s success .
Here is a breakdown of where and how RLB can be used:
RLB Lottery Entry
Stake RLB tokens as tickets for a chance to win a share of the prize pool. This lottery prize pool is funded by 20% of the casino’s daily profits, allowing RLB stakers to benefit directly from the platform’s success.
Platform Features
Use RLB within various platform features like Rollback, Rollboxes, and to potentially get rakeback boosts. Additionally, holding or using RLB can reduce trading costs, particularly for the platform’s high-leverage futures trading. It is also integrated into the NFT ecosystem, where users can stake Rollbots NFTs to earn a portion of platform fees and marketplace profits, often distributed in RLB.
Staking for Rewards
Stake RLB not just for the lottery but also as a general mechanism to earn rewards and participate in the token’s deflationary model. A small fee is charged for staking RLB. Half of this fee is permanently destroyed (burned) , which reduces the total supply. Furthermore, the platform uses its revenue for hourly RLB buybacks, with 90% of the purchased tokens burned, further decreasing supply.
Payment you can find at Crypto Portfolio
Rollbit’s crypto portfolio supports over 80 different cryptocurrencies, allowing you to deposit, play, and withdraw using a wide variety of digital assets . The platform is known for its fast transaction processing, often handling high-value crypto withdrawals within minutes .
The available payment options include, but are not limited to, the following:
- Bitcoin (BTC)
- Ethereum (ETH)
- TRON (TRX)
- Dogecoin (DOGE)
- Bitcoin Cash (BCH)
- Cardano (ADA)
- Chainlink (LINK)
- XRP (XRP)
- Binance Coin (BNB)
- Solana (SOL)
- Monero (XMR)
- Stellar (XLM)
- Zcash (ZEC)
- Litecoin (LTC)
- SHIBA INU (SHIB)
- Ethereum Classic (ETC)
- Dash (DASH)
In addition to these, stablecoins like USDC and USDT are also accepted . This diverse portfolio gives you flexibility in managing your funds on the platform.
How to make a deposit at Rollbit Casino
Given the specific nature of Rollbit, it is important to understand that the deposit process differs from that of regular online casinos. If this is your first time dealing with Bitcoin Casino and crypto gambling platforms, here are the steps you need to follow:
- Log In: Access your Rollbit account on their website .
- Open Wallet: Click on the gold “Cashier” icon located in the top-right corner of the page .
- Select Asset: Choose the cryptocurrency you wish to deposit from the list of over 80 supported options (e.g., Bitcoin, Ethereum, Solana) .
- Get Address: Copy your unique Rollbit wallet address or scan the provided QR code .
- Send Crypto: Transfer your funds from an external wallet or exchange to the address you copied .
- Confirmation: The platform charges no deposit fees, though standard blockchain network fees apply. Your balance will update quickly, often after just 1 blockchain confirmation .
Please note: Any transaction at Rollbit Casino requires account verification. Therefore, before making a deposit and starting to play, please verify your identity by providing the necessary information.
How to withdraw winnings?
Withdrawing winnings from Rollbit is as easy as depositing funds. Simply log in to your account and follow these instructions:
- Go to Wallet: Click on the cashier section, then select the “Withdraw” option .
- Choose Currency: Pick your preferred cryptocurrency from the list of supported options .
- Enter Details: Input the withdrawal amount (meeting the minimum requirement) and the recipient’s wallet address .
- Confirm: Double-check all details for accuracy, then confirm the transaction .
For security, it is recommended to enable Two-Factor Authentication (2FA) . Withdrawals are typically fast but can be delayed by network congestion or incorrect addresses .
How does NFT work at Rollbit Casino?
At Rollbit Casino, NFTs are not just digital collectibles; they are functional assets designed to provide holders with ongoing rewards and unique platform utilities. The ecosystem centers around the Rollbots NFT collection, which offers several key benefits .
Here is a breakdown of how NFTs work within the Rollbit platform:
- The Rollbots Collection: The primary NFT collection on Rollbit is called Rollbots. These NFTs are integral to the platform’s gamified experience and reward system. Unlike static profile pictures, Rollbots are designed to have active utility within the Rollbit ecosystem .
- Staking for Platform Revenue: The core utility of Rollbots is that owners can stake their NFTs to earn a share of the platform’s profits. For example, part of the revenue generated from the Rollbit marketplace and other platform activities is distributed to users who stake their Rollbots . This allows NFT holders to benefit directly from the casino’s success.
- Earning from RLB Token Burns: Rollbit has a unique deflationary mechanism where it uses platform revenue to buy back and burn its native RLB token. A portion of these buybacks (historically around 10%) is distributed as rewards specifically to Rollbot stakers, creating a direct income stream tied to the platform’s hourly token burn events .
- Creating “Rollboxes”: Holding a Rollbot NFT also grants you the ability to create your own “Rollboxes.” These are essentially mystery prize packs that other users can purchase. By creating a Rollbox, the NFT holder effectively “becomes the house” for that specific transaction, earning a return from the funds users spend to open their boxes .
- Access to Exclusive Features: Beyond direct earnings, owning a Rollbot can unlock other platform features and bonuses. This includes things like profile boosts (e.g., “Rollback”) that can increase rakeback percentages, and access to exclusive events or drops within the community .
How to Buy Crypto at Rollbit?
As you may have already understood, Rollbit is not just an online casino, it is an entire ecosystem that offers players all existing gambling features. This means that even if you don’t have any cryptocurrency in your personal account, you can purchase it directly on the website. To buy crypto directly at Rollbit using traditional payment methods, follow these steps:
- Log In: Access your Rollbit account on their website.
- Click Buy Crypto: Look for and click the “Buy Crypto” button, usually found in the wallet or cashier section .
- Select Amount & Fiat: Choose the amount you wish to spend and your fiat currency.
- Pick Payment Method: Select your preferred option: Visa, Mastercard, Apple Pay, or Google Pay .
- Complete Purchase: You will be guided through a secure process by their integrated on-ramp provider. Once confirmed, the purchased cryptocurrency will be credited directly to your Rollbit wallet, ready for use .
This feature allows you to fund your account instantly without needing an external exchange or wallet.