After more than a decade of development, domain names have become a crucial investment channel for people from all walks of life, and some professional domain name registration and investment tycoons have amassed enormous profits.
1. Is buying and selling domain names illegal?
Domain name buying and selling is legal and not illegal.
As one of the current major investment channels, domain names have gained popularity among many investors due to their low barriers to entry and high premium potential. It is estimated that over 300,000 people in my country currently have investments in the domain name industry! Therefore, those interested in buying and selling domain names need not worry about violating the law.
2. Why is domain name buying and selling profitable?
With the continuous development of the internet industry, domain names are like business numbers, exerting an ever-increasing influence on businesses. Consequently, end-users are placing increasing emphasis on domain name management.
Where there is demand, there is a market! Take the auction of CNNIC's reserved list of CN domain names, for example. Many high-quality domain names have fetched sky-high prices. This is especially true for those who entered the domain name industry early on, as they control the vast majority of the industry's high-quality domain resources and are therefore well-positioned to profit even more in the current market environment.
Domain names are not only popular with industry leaders, but also relatively friendly to investors who are new to the domain name industry - the threshold is low and the cost is high. Many people can get a hundred or even a thousand times return by spending only a few dozen yuan in registration fees.
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.