Crypto Casino Rollbit Attempts To Explain To Users When Token Price Crash

Key Points:

• Rollbit explains to users that the platform is fully compliant with the authority’s regulations.
• Some users have noticed that information regarding crypto derivatives is hidden until the user logs in.
• The online crypto casino has incorporated modest user interface improvements based on the advice of its licensees, which it says is a regular request during the renewal period.

Rollbit, a cryptocurrency casino, is attempting to persuade its clients that the platform is operational.

While Rollbit claims that it has received no signal from authorities that its operations are troublesome, traders are skeptical and are dumping the platform’s RLB token.

According to price data, RLB has dropped more than 20% in the past 24 hours, indicating that users have lost faith in the platform.

Crypto Twitter community has noted that Rollbit has deleted licensing information from Curaçao, a Dutch Caribbean island off the coast of Venezuela that is regarded as an offshore center for internet gambling.

Rollbit is a one-of-a-kind online crypto casino that launched in February 2020. The decentralized casino provides a diverse range of gambling options and fascinating games, including slots, table games, game shows, live casino games, lotteries, jackpots, and special in-house games. Gamers may use cryptocurrency to finance their accounts directly.

Rollbit has lately begun to provide crypto derivatives trading, which is not permitted under its existing license. Several users have reported that information on cryptocurrency derivatives is hidden until the user signs in.

According to the online casino, it has incorporated modest user interface improvements based on the advice of its licensee, which it says is a frequent request during the renewal period. The platform stated:

“We are actively communicating with our licensor about the renewal and will provide an update as soon as possible. Although this is typically an internal process, we recognise the importance of transparency in such a crucial aspect of our business.”

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