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What is this and how can I send it to an Exchange?

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What is this and how can I send it to an Exchange?

Hello everyone,

Can someone please explain to me how can I withdraw from my Phantom Wallet this CHF and or what is it actually?

I was informed that this is a "stable coin", but in order to withdraw it to an exchange(for example Binance) I need a certain number of Etherum in my wallet first, otherwise it will get lost and never come to an exchange.

Can anybody vouch for that or is it a scam?

https://preview.redd.it/bd39rm1tsiie1.jpg?1179&format=pjpg&auto=webp&s=15e54d110f96ba1a5c6f929bc67baaeb6fc2100d

submitted by /u/Teflon223
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