Everything is backed by bitcoin. so yeah your trading bitcoin for bcc but if you go to ANY trading platform for crypto they make u deposit bitcoin and then buy whatever u want essentially trading bitcoin for crap coins.
also heres something to think about. what makes bitcoin so valuble? the answer is simple its supply and demand. ppl are still willing to buy bitcoin for over4k.. bitconnect coin is now around 120 ea with a market cap of almost 1 billion. This coin is going up plain and simple.