Though recession making things bad to worse in many countries of the world, the same enthusiasm is being seen for new tech gadgets on this Xmas.

However, if you are cash-strapped and still mange to have a new handsome handset, you need not to through away your unwanted and device, as you can make good money from it.

FoneBank, a cell phone exchange website says that nearly 20 percent mobile users in UK have been recycling their handsets but those who are doing so, they can recycle it for cash.

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