Can a pre-released domain name be redeemed?
DomainCn
Many people don't know much about pre-released domain names, including whether they can be redeemed. What situations can cause a bid for a pre-released domain name to fail? Let's discuss these.
The holder of a pre-released domain name can redeem it at any time during the high-price redemption period. After redemption, the transaction fails and the buyer's deposit is automatically unfrozen.
1. Breach of Contract for Pre-released Domain Names
Failure to pay within 72 hours of the auction closes, or the buyer "cancels" the bid, constitutes a breach of contract, and the buyer's frozen deposit will be forfeited as a penalty.
2. What situations can cause a bid for a pre-released domain name to fail?
The original domain name owner redeems the domain name during the auction or before the auction closes and before the domain name is delivered.
National authorities, domain name registries, judicial authorities, domain name dispute resolution agencies, etc., take appropriate measures to remove the pre-released domain name.
If the transaction fails, the buyer's deposit is unfrozen and any fees paid are refunded.
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.