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Truswallet is a Consumer Electronics Exchange." It is a type of retail store that buys and sells used electronic devices, such as smartphones, laptops, gaming consoles, and other gadgets. CEX stores typically offer customers the opportunity to sell their old electronics for cash or store credit, and also sell refurbished devices at discounted prices. Some CEX stores also offer repair services for electronics. The company was founded in the UK in 1992 and has since expanded to several countries around the world.