Can i resell my upgraded iphone w/embedded sim?

I'm happy with my current iphone, i used the option of upgrading to another iphone for only.99, i just received it and would like to sell it to make some cash. On the receipt it says "embedded Sim", what does this mean?

Does this prevent me to selling this to a third party?

Sounds like you have a CDMA iPhone. You can sell it but just remember to deactivate it from your service provider. If you have not activated it yet, do so first and then deactivate. It might sound stupid but if you bought it directly from Apple it will ask for SSN and it will display your phone number during the activation. You should be fine to sell after that.

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