eBay launches a new smartphone trade-in service with instant payouts

eBay announced its new Instant Selling program for smartphones today, which will allow users to list their old phone on the platform and immediately receive an eBay voucher in return. eBay says it’s offering higher return rates than Gazelle, EcoATM, AT&T Trade-in, Apple Give Back, and Verizon Trade-in.For a 64GB unscratched, unlocked iPhone X, for example, you can get up to $490 on Gazelle, $260 on EcoATM, $450 through AT&T Trade-in, $525 through Apple Give Back, and $500 through