Comment: Good start

(See in situ)

Good start

As others have mentioned, if you don't want to keep it in bitcoin, and you want it to go straight into cash, coinbase is probably the way to go. I use them when I actually want to buy Bitcoin.

Otherwise, if you already have a blockchain wallet, that's a great start as far as having a wallet where you keep, control and/or transfer bitcoins. If you want a mobile app, blockchain has one:

Just look 3/4 of the way down the page for the mobile options.

As others have mentioned, Coinbase has a mobile app as well. There's no reason not to have both if you already signed up for the blockchain account.

As far as how it works, you're pretty much right. You give them your public address, which works for deposit only, they put that into their software, while signed into their wallet, and the money is sent to you. The sender just needs an internet connection. Usually you'll get a confirmation of the transaction within a few minutes.