What is Rollbit? A Newbie's Guide on Rollbit's Crypto Casino
What is Rollbit?
Rollbit stands as a unique platform that seamlessly merges the thrill of casino-style games with the exciting possibilities of cryptocurrency trading. This innovative concept offers users a diverse range of games and features, catering to both gaming enthusiasts and crypto traders.
Is Rollbit Legit?
With something as exciting as rollbit coming through, one question arises: Is Rollbit reliable? The answer lies with Rollbit itself which has ensured its legitimacy through provably fair games, transparent algorithms, and a commitment to security.
Rollbit is accessible globally to users across all countries except countries like Australia, Iran, France, etc. (Source)
This widespread availability makes it convenient for individuals from different corners of the world to experience the platform's offerings.
Features of Rollbit:
Rollbit introduces a variety of engaging games, including Roulette, Crash, Flip, Plinko and more. Each game offers a unique experience with its own set of rules and strategies.
Rollbit Casino and Sports Betting Integration:
Rollbit offers an exclusive casino experience with its range of games. Additionally, the integration of Sports as well as E-Sports like CS:GO, Dota 2, League Of Legends, etc. adds a touch of familiarity for gaming and sports enthusiasts, making Rollbit an appealing platform for crypto traders, sports enthusiasts and gamers.
Rollbit's NFT Ecosystem:
Rollbit introduces NFTs in the form of Rollbots, enhancing the gaming experience. Rollbots are unique collectable NFTs that offer special perks and features within the platform. Users can also enjoy NFT loot boxes, adding an element of surprise and excitement.
Rollbit's Crypto Futures and Loaning NFTs:
Rollbit's Crypto Futures offer a thrilling twist to traditional crypto trading. Users can place bets on price movements within short time frames, adding an element of excitement to their trading endeavours. Additionally, the platform allows users to loan NFTs, enabling a unique way to leverage their digital assets.
Provably Fair RLB Lottery:
Rollbit's Provably Fair RLB Lottery adds an extra layer of excitement for users. With 20% of the platform's casino profits shared as prizes, users can stake RLB tokens for a chance to win. This feature uniquely combines gaming and potential rewards.
Rollbit introduces Sports Rollbots, tapping into the growing popularity of sports and NFTs. These NFTs serve as collectables related to various sports, enabling users to showcase their passion for sports within the crypto ecosystem.
What are the Benefits of Rollbots?
Owning Rollbots NFTs comes with a range of benefits. These include potential rewards, access to exclusive features, and the ability to participate in challenges and promotions within the platform.
How Do You Trade Crypto Futures in Rollbit?
Trading Crypto Futures in Rollbit is easy, here are the steps needed to place your first crypto futures trade in Rollbit Casino.
Step 1. Deposit Money into your Rollbit Account
Step 2. Head on towards the Crypto Futures Tab and Select the Asset
Step 3. Choose which way the chart would move and put in your bet amount as well as the multiplier. Keep in mind, higher the multiplier, faster you make/lose money.
Step 4. Cash out whenever you feel like it.
Bonus Tip: If you keep your bet open for longer than 8 hours, you might incur or receive hourly funding payments, depending on market conditions.
(Source : rollbit.com)
What are NFT Lootboxes?
Rollbit has another popular gambling feature/game called NFT Lootboxes. The way loot boxes work is you buy the box for some amount of funds and you get a box which has a chance to contain a rare or a valuable item.
The odds of getting a good item is not good most of the time but lootboxes are unique since this is one of the few games where even if you lose, you get something in return.
The Odds vary from LootBox to LootBox. In the case of the King of the RollBit Loot Box, the odds of getting the NFT is just 0.01% which is 1 NFT per 10,000 Loot Boxes being opened.
What is the Rollbit Coin ($RLB)?
Rollbit Coin ($RLB) serves as the native utility token of the platform. With a maximum supply of 5 billion RLB tokens. Rollbit also employs a token-burning mechanism to enhance scarcity and value.
As of now, 36.06% of the maximum supply has been burned, leading to a reduction in circulation. At the time of writing this article, there are 3,196,923,418 RLB tokens in circulation
At the time of writing, there are about 7,548 wallets that hold Rollbit.
Rollbit's Ongoing Evolution
As the cryptocurrency and gaming landscape continues to evolve, Rollbit remains at the forefront of innovation. The platform's commitment to user experience, fairness, and entertainment sets it apart in the competitive world of crypto gaming and trading.
Rollbit presents an innovative fusion of gaming and crypto trading, catering to a diverse audience of enthusiasts. With its array of games, NFT ecosystem, unique features, and commitment to transparency, Rollbit emerges as a legitimate and exciting platform in the ever-expanding world of cryptocurrencies. Whether you're a seasoned trader or a casual gamer, Rollbit offers a captivating journey where gaming meets crypto trading, making it an appealing choice for those seeking a blend of both worlds.
Image Credits: Watcher Guru; BitcoinChaser; Rollbit
(Check out our article on How to Earn in GameFi)