Qubit
In quantum computing, a qubit () or quantum bit (sometimes qbit) is the basic unit of quantum information—the quantum version of the classical binary bit physically realized with a two-state device. A qubit is a two-state (or two-level) quantum-mechanical system, one of the simplest quantum systems displaying the peculiarity of quantum mechanics. Examples include: the spin of the electron in which the two levels can be taken as spin up and spin down; or the polarization of a single photon in which the two states can be taken to be the vertical polarization and the horizontal polarization. In a classical system, a bit would have to be in one state or the other. However, quantum mechanics allows the qubit to be in a coherent superposition of both states/levels simultaneously, a property which is fundamental to quantum mechanics and quantum computing.
Quantum teleportation
The movement of qubits does not require the movement of "things" any more than communication over the internet does: no quantum object needs to be transported, but it is necessary to communicate two classical bits per teleported qubit from the sender to the receiver. The actual teleportation protocol requires that an entangled quantum state or Bell state be created, and its two parts shared between two locations (the source and destination, or Alice and Bob). In essence, a certain kind of quantum channel between two sites must be established first, before a qubit can be moved. Teleportation also requires a classical information channel to be established, as two classical bits must be transmitted to accompany each qubit. The reason for this is that the results of the measurements must be communicated, and this must be done over ordinary classical communication channels. The need for such classical channels may, at first, seem disappointing; however, this is not unlike ordinary communications, which requires wires, radios or lasers. What's more, Bell states are most easily shared using photons from lasers, and so teleportation could be done, in principle, through open space, i.e., without the need to send the light through cables or optical fibers.