What does domain name trading mean? How can a novice trade a domain name?

Many new domain name traders are unfamiliar with domain name transactions. Below, we'll provide a detailed explanation of what domain name transactions mean and how beginners can trade domain names.

1. What does domain name transactions mean?

Domain name transactions refer to the transfer of domain names registered by individuals or companies to the buyer through paid authorization through intermediary websites and domain name platforms.

2. How beginners can trade domain names.

1. Pushing a domain name with a price.

Domain push is a simple domain name transfer feature developed by domestic domain name registrars. Its feature is that when a user wants to transfer a domain name to another user, they simply enter the other party's account number and the required amount. The other party receives the domain name with a single click, completing the entire domain name transfer process.

The principle is that both parties to the domain name transfer complete identity authentication and create a domain name information template in advance, eliminating the hassle of submitting various documents for each domain name received. Simply put, domain push is pushing the domain name to the buyer and transferring the payment to the seller.

2. Obtaining a transfer code.

Domain transfer codes are also called authorization codes or domain EPP codes. They are also known as EPP codes or Auth codes abroad. Each domain name has its own transfer code. Only with this code can a domain name be transferred from one registrar to another.

When a cross-platform transaction requires a transfer code, if the buyer has an account on platform A and the seller's domain name is on platform B, and the buyer doesn't want to register an account on platform B, then the domain name needs to be transferred using a transfer code. This type of transaction requires that the platform supports both incoming and outgoing transfers.