Billion-dollar startup Letgo is becoming the go-to app for selling your stuff - here's how it works

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Once you've bought something on the app, you can rate your experience with the seller and leave a comment. That rating will show up in their profile on the app.

Once you've bought something on the app, you can rate your experience with the seller and leave a comment. That rating will show up in their profile on the app.

Letgo is free to download and use, and is available on both the App Store and the Google Play Store.

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Buyers and sellers can chat with each other without leaving the app or handing out their phone numbers and email addresses. You can negotiate price or find a time to meet in person, but you can't use the app to send and receive money.

Buyers and sellers can chat with each other without leaving the app or handing out their phone numbers and email addresses. You can negotiate price or find a time to meet in person, but you can't use the app to send and receive money.

Letgo says it's seen 3 billion messages sent in its first two years, which equates to about 9 million per day.

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Letgo uses image recognition to help you post your items. Once you snap a photo, the app can recognize what the product is and automatically build the listing and put it in the right category so shoppers can easily find it.

Letgo uses image recognition to help you post your items. Once you snap a photo, the app can recognize what the product is and automatically build the listing and put it in the right category so shoppers can easily find it.

On the other end, Letgo will automatically suggest messages to send to the seller, like "Is this item still available?" or "Is the price negotiable?"

Letgo's focus is on local buying and selling — the app uses your location to show you items for sale in your geographic location.

Letgo's focus is on local buying and selling — the app uses your location to show you items for sale in your geographic location.

The app's interface is simple. It looks a lot like Pinterest upon first opening the app — images of items up for sale are listed in a vertical, image-heavy feed.

You can see everything all at once, or you can narrow it down using the colorful buttons at the top if you're looking for something like electronics or fashion. Or, you can use the search bar to look up a specific type of item. You can also filter your feed by distance, price, and how new the item is.

Letgo says it sees about 500,000 listings go up every day.

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