B

What is Bit?

Crypto Glossary Definition

In the context of crypto, a bit represents an amount of Bitcoin equal to 100 satoshis, or 1 millionth of a Bitcoin.

Still have questions about Bit?

Ask ARIA, our free AI crypto intelligence agent, for a deeper explanation.

Ask ARIA →
← PreviousBasis PointNext →Bitcoin

Related Crypto Terms

Bid Ask SpreadThe difference between the price that a buyer will pay for a…BIP (Bitcoin Improvement Proposal)A design document for introducing features or information to…Basis PointA basis point is one hundredth of a percentage point (0.01%)…BitcoinThe first successful and widely used implementation of a blo…Bitcoin MaximalistSomeone who believes that Bitcoin is the only cryptocurrency…Bitcoin Pizza TransactionThis refers to the first known purchase of a physical good w…
← View Full Crypto Glossary (289 terms)