Previously, you had access to both the Bing Translator and the Microsoft Translator widgets, which offered some limited customization and an excellent translation service. Bing Webmaster Tools is now an integral part of this great self-help service. The Bing Translator widget has been revised, improved and is now in a consolidated location fully ready to serve your translation needs.
From one location, now, you can access any easy to work with, simple to install, robust and reliable translation widget. Install this on your site and allow any visitor to select a language of their choosing to view your content.
One very useful feature is the ability to enable community management of translations. By turning this on, you can approve/reject translations, and invite others you trust to help with moderating. You can also launch the webmaster translation dashboard, from where you can invite friends or translators or moderate the translations in bulk.Bing Translator Widget Revised [bing.com]