Is a fixed-price domain name permanent? This article will help you understand
domain editor
In the field of digital asset domain name transactions, fixed-price domain names are favored for their convenience, but their term of use often causes misunderstandings. This article combines industry norms and transaction practices to systematically sort out relevant rules.
In the field of digital asset transactions, fixed-price domain names are favored for their convenience, but their term of use often causes misunderstandings. This article combines industry norms and transaction practices to systematically sort out relevant rules.
1. Nature of transaction and term basis
Fixed-price domain names are essentially standardized trading commodities, with their core features of fixed prices and instant transactions, but domain name ownership still follows general registration rules. All domain names must pay annual registration fees, and the longest one-time purchase of 10 years of use rights is 10 years, but there is no "permanent domain name" in the legal sense.
2. Validity management mechanism
1. Registration cycle constraints
The domain name management agency ICANN stipulates that any suffix (.com/.cn, etc.) must be renewed on a periodic basis, and the "long-term holding" provided by the registrar is actually a prepaid multi-year fee. For example, a domain name that pays 10 years of fees still needs to be renewed after expiration.
2. Renewal warning process
Registrar usually sends a reminder 30 days before expiration. If the renewal is not timely, the domain name will enter the high-price redemption period (renewal cost increases by 50%-100%), and the domain name will enter the open market after the expiration.
III. High-frequency cognitive misunderstandings
1. Misunderstanding of the association between price and term
High-price transactions only reflect the commercial value of the domain name and have nothing to do with the term of use. If a domain name worth 10,000 yuan is not renewed, it also faces the risk of expiration.
2. Blind spot of automatic renewal protection
Although some platforms provide automatic renewal services, it is necessary to ensure that the payment account has sufficient funds. System failure or insufficient balance may still lead to the loss of domain names.
Domaincn.com Committed to providing fair and transparent reports. This article aims to provide accurate and timely information, but should not be construed as financial or investment advice. Due to the rapidly changing market conditions, we recommend that you verify the information yourself and consult a professional before making any decisions based on this information.