A waste bin, including a container for holding waste and having a cover, and further including compressing mechanisms for compressing the waste inside the container, wherein the compressing mechanisms are displaceable between a nominal position and a compression position, wherein the compressing mechanisms in the compression position are configured to be moved inwards with respect to the nominal position to compress waste inside the container, wherein the compressing mechanisms form a part of the container that is movable at least transversely to the longitudinal axis of the waste bin.