In November 2017, Xiaomi had introduced a trade-in programme that allows users to exchange their old smartphones for a new one. On Thursday, Xiaomi expanded the program to their website, Mi.com. Under the new offer, users can avail an instant exchange coupon which can be used to replace an old smartphone with a new one. Xiaomi is taking its top position in the Indian market pretty seriously. The company has launched a new smartphone Mi exchange program. The company is on par with industry leader Samsung in terms market share for the third quarter according to a report by IDC. This new facility to exchange old phones for new Xiaomi devices will come in handy for people wanting to switch to Xiaomi devices as their daily drivers. As Gadgets360 notes, the resale value of the handset in exchange will be based on the Cashify app. So for example, if you are purchasing the newer Xiaomi Mi A1 in exchange for the Redmi 3S Prime, you can simply check the exchange amount preview of the older device by visiting the Cashify site. Xiaomi is not the first to introduce an exchange program in the country. Competitors Samsung and OnePlus also have their individual trade-in programs allowing discounts to their users.