this post was submitted on 21 Nov 2023
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Ethereum

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Would anyone be willing to give me brief explanation of what exactly Ethereum is/does and any scams to look out for? (alien.top)
submitted 10 months ago by WannabeAGhoatStory@alien.top to c/ethereum@blockchained.world
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Hi! I am a digital artist and I have had a few offers made on my art but they buyer wants to pay with Ethereum. I don’t know much about cryptocurrency and even less about Ethereum so I don’t know if this is a scam or not. Would anyone be willing to help me out?

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[–] mpfortyfive@alien.top 1 points 10 months ago

Normally you would hook it up to your bank and deposit USD into your account. If this isn't an option, then next thing I would look at is if there is an exchange in your country that can be hooked up to a bank account. If that isn't an option, many countries have BTC ATM/cash machines. This would require you to convert to BTC first I think, idk if they accept ETH. It seems normal that you would need a little ETH to convert transaction costs. What country are you in ?