The main advantage of the Windows recycle bin is that it acts as a temporary storage space for deleted files to give the user an opportunity to restore them if the need arises. Files in the recycle bin can always be restored as long as they are stored inside unlike files that have been deleted completely on the system.
Most users use the recycle bin icon on the Windows desktop to manage deleted files. It can be used to open the recycle bin to restore or delete files.
MiniBin is a small application that adds a recycle bin icon to the Windows system tray to make it accessible there as well. The unobtrusive location offers access to the recycle bin if windows are maximized on the screen.

The icon offers two options on right-click. It is possible to empty the recycle bin to delete all files in it from the system or open the recycle bin to display the files in Windows Explorer.
The portable application can be downloaded from software download sites like Softpedia. (via)
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Hi. Is it possible to pin the Recycle Bin to taskbar?
Not by default but it is possible with a few tricks, see http://forums.techarena.in/tips-tweaks/1165311.htm, http://www.sevenforums.com/tutorials/6687-recycle-bin-pin-taskbar.html
I’m on Vista – XP before that. On both systems, I simply pulled the desktop icon down into the Quick Launch Bar where it’s always sat quite happily and behaved normally.
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You can go further with minbin (recycle bin in the tray)
It’s icons have a great design, it’ll looks really nice in yor Windows 7 PC…
Take a look: http://ludomatico.deviantart.com/gallery/#/d31r8vh
Thank’s for featuring MiniBin!
By the way: the latest version is always available at my website: http://www.e-sushi.net/software/minibin-1-7-6-0/
“The portable application can be downloaded from software download sites like Softpedia. (via)”
Not exactly. Such hosts tend to be unsafe and not up to date.
If you want minibin, get it from the developer’s website: http://www.e-sushi.net/
It’s updated to 1.9.3.0 by now.