What is the domain name system in a simple language?

A domain contains a group of computers that can be accessed and administered with a general set of rules. For example, a company may need to network all local computers within a single domain, so that each computer can be viewed from other computers within the domain or a central server.

Is the renewal of the domain name required and its cost is higher than the new domain name registration?

 The Domain Name needs to be updated on an annual basis. Some registrars offer discounts when a registrar renews a domain name for a period of 2, 3 or 5 years. When you go for the renew a Domain Name Registration, then you should also verify your all the contact information is up-to-date. Some people have an online startup plan and there are not sure about the market then they book a domain just for 1 year after the analysis they can understand about the next renewal is the needed or not. About the cost is not as much as the higher it’s near to the same as your purchase price.   

Domain Name Renew and Transfer 

What happens when we do not renew your domain name?

After the registration period expires, you must renew your domain names. When you have a website, a blog, or both, you will need to end your domain name every time. You have to keep it running or someone else can buy your domain name. “Otherwise, you may lose your domain name and it may be premium for you in the future or someone else take the ownership of this domain name which related to your business name. “

Why do we need a domain name transfer and when can it be transferable?

Your domain should be more than 60 days old and can’t be moved within the last 60 days. Your domain must be unlocked before you can start your Domain Name Transfer. Some registrars like GoDaddy require that you remove whois privacy protection before attempting to transfer the domain. As a domain name registrar, it is one of your rights that you can transfer your domain name to another registrar or registrar, and you must obtain the necessary information from your registrar regarding the process for the transfer.