Is the purchase of a domain name permanent? What is the typical term for a domain name purchase?

A domain name is the key to a website and also its guiding light. Its importance is far greater than anything else, serving both as a website identifier and a guide to the company's website. Many companies, considering long-term prospects, want to purchase a permanent domain name. But does it mean it's permanent?

No, domain names are typically purchased on an annual basis and cannot be purchased outright. Currently, a domain name can only be registered for a maximum of 10 years, requiring renewal upon expiration. If you want to use a domain name permanently, you must renew it annually. As long as you renew, the domain name remains yours.

If a domain name is not renewed upon expiration, it will be deleted after a period of time. Once deleted, it will be available for registration and anyone can purchase it. If you don't want to renew your domain name annually, the easiest way to save time is to purchase a multi-year contract, such as 10 years. This way, you don't have to renew for 10 years; just remember to renew after the 10-year period. Furthermore, many service providers offer multi-year renewals that are more cost-effective than single-year renewals.

Generally speaking, a domain name can be automatically renewed within 30 days of expiration to continue using it. The paid redemption period is 30-60 days after expiration, and you can entrust the domain name operation platform to pay for redemption (the price is relatively high). If it exceeds 60 days, you generally have to wait for deletion and re-registration. Therefore, if you want to hold a domain name for a long time, you must pay attention to the expiration date of the domain name and remember to renew it in time.