Is bits same as bitcoin?

Cryptocurrencies are digital assets that operate on a decentralized network, with Bitcoin (BTC) being the most prominent among them.

Among the services provided by BTCC are spot trading, futures trading, and cryptocurrency wallet management. These services enable users to seamlessly buy, sell, and store their digital assets on a secure and reliable platform.

A crucial aspect of Bitcoin and other cryptocurrencies is the concept of "bit," which represents the smallest unit or subdivision of a Bitcoin.

The usage of Bitcoin in subdivisions is prevalent in exchange transactions due to its high value. As of writing, a single Bitcoin is approximately worth $40,000.

Consequently, buying or selling Bitcoin in its entirety can be a substantial financial commitment. To facilitate smaller transactions, Bitcoin is often traded in its smaller subunits, referred to as bits.