Note: This is from my Money Saving Monday series on BFM

Today we’ll take a look a Swaptree (www.swaptree.com), a service that allows you to trade your books, music, movies, and games, with other users on the net.

Swaptree is a simple service. Create a free account, and then build two lists: items that you have, and items that you want. As soon as you add items to your “want list,” Swaptree starts looking for a trade. You can manually create these lists, and you can also browse the Swaptree site, and select “have it” or “want it” to add the item to your lists.

Because of the way the trading algorithms work, some items are worth more than others, in terms of what you can receive in trade. Swaptree presents you with the information at the top of the screen.

Click on the icon of the type of item you want, and you can see the items that you are eligible to receive. When you find an item you like, select “get now” to initiate the trade. This sends an email to the person who has the item you want. If they accept the trade, then you each get shipping info so that you can complete the trade.

Swaptree is free to use; you only pay for shipping. You can use any shipping service you like, but you can also print shipping labels through your Swaptree account.

There are some rules about trading; you can only trade movies and video games which include the case and all of the art work, and you cannot trade VHS video tapes. And of course, you are not allowed to trade burned or copied DVDs, CDs, or video games.

Any of you folks already using Swaptree? What do you think of it?

More about Swaptree here