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 11 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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[–] Parking-Psychology35@alien.top 1 points 11 months ago

This is the best advice for a new crypto user who is just looking to accept payment. Exchanges are easiest in your case, because If you were to use a wallet like metamask, you would have to send it to an exchange anyway to withdraw it to your bank. With coinbase in the U.S. you can even withdraw directly to PayPal if you don't want to connect your bank to the exchange.

If you end up liking crypto and want to hold long term, I recommend getting a hardware wallet.