A fixed-price domain name is not permanent, and in the strict sense, no domain name is permanent.
A domain name is a domain name that is registered through a domain name registrar. A certain fee needs to be paid when registering, and the fee is usually calculated on an annual basis. Common registration periods include 1 year, 2 years, 5 years, 10 years, and many other options. Therefore, a domain name is not a one-time transaction, and it needs regular maintenance.
When we buy a fixed-price domain name, we actually buy the remaining registration time of the original owner of the domain name at the domain name registrar. For example, the original owner registered a domain name for 5 years, and sold it at a fixed price in the third year. After you buy it, you will have the remaining 2 years of use of the domain name.
After the remaining registration period of the domain name expires, we still need to renew it according to the requirements of the domain name registrar in order to continue to own the domain name. If it is not renewed, the domain name will also go through a grace period, redemption period, deletion period, etc., which is similar to the processing process after the normal registered domain name expires.
It can be seen that buying a domain name is not a one-time transaction, so we need to have a long-term plan for the future when purchasing a fixed-price domain name. If we plan to use this domain name for a long time, we should choose a longer term when registering, and plan the renewal fees in advance to avoid the domain name from becoming invalid due to negligence.
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