Yes, you have to register with your real name, address, etc, so that people know to whom and to where they need to ship your purchase.
However, you sign onto Ebay with a screen name, and if you sign up for Paypal as a payment method, it is completely private -- the sellers aren't able to see your banking/credit information, etc.
Both Ebay and Paypal are completely secure sites.
Good luck!
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