Bits

Bitcoin just like any other currency must be subdivided for ease of transaction and convenience. Especially, When the price of Bitcoin skyrocketed, subdivision became increasingly important.

Bitcoin has a vast number of generally accepted subunits. Bitcoin employs a metric system and is divisible to eight decimal places. A Deci-Bitcoin (abbreviated dBTC) is one-tenth of a coin. Centi-bitcoin (cBTC) is 0.01 — the lowest unit of value is known as a Satoshi, which is 0.00000001.