Combine peanut butter and butter in a large bowl, and beat with a hand mixer until combined and smooth. 1 1/2 cups creamy peanut butter, 1/2 cup unsalted butter
Add in the vanilla and salt, and stir them into the mixture. 1 tsp vanilla extract, 1/4 tsp salt
Gradually add in the powdered sugar, while mixing slowly, until combined, and until it reaches a dough like consistency, that will hold its shape. Add more powdered sugar, 1 TBS at a time if needed. 2 1/2 cups powdered sugar
Add in the rice cereal and fold it into the mixture until evenly mixed. 2 cups crisp rice cereal
Cover the bowl and place it in the fridge to chill for 30 minutes so it is less sticky, and easier to scoop.
Scoop the peanut butter mixture into Tablespoon sized portions, and roll into balls. Place onto a cookie sheet lined with parchment paper.
Place in the fridge for at least 30 minutes.
Melt chocolate chips in a small bowl with coconut oil, in 20 second increments, stirring well after each, until smooth. It should just take about 1 minute total.
Remove peanut butter balls from the fridge and drop them one at a time into the melted chocolate.
Use a fork to coat them fully in the chocolate, and lift them out. Tap the edge of the fork on the side of the bowl to remove extra chocolate.
Carefully slide off the fork and back onto the parchment paper.
Decorate tops with sprinkles, coarse salt, or a drizzle of extra melted chocolate if desired.
Let the balls sit until the chocolate is set. Place them in the fridge to help them harden quicker.
Store in the fridge for up to 2 weeks, and enjoy.