BookMooch
BookMooch is an online community that lets you give away books you no longer need in exchange for books you do.
Joining is free, and lets you select your country and whether you want to exchange books worldwide or just within your country. Then you type in the books you want to give away, receive requests from others and post the books out. You are than awarded points, which you can exchange for books from others. The only cost is the postage, and in order to keep receiving books, you need to give away at least one for every five you receive. You can also add feedback, a la eBay.
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