A domain name is a unique address that you are able to buy via a registrar company. All of the devices that are connected to the World-Wide Web, including web servers, feature numeric addresses, or IP addresses, which are quite hard to remember, because of this the domain name system was created as an easy means to identify a website on the Web. Using this method, your web site can be reached at www.domain.com instead of 123.123.123.123, for instance. Your domain name has two different parts - the Second-Level Domain, which is the actual website name that you'll be able to select, as well as the Top-Level Domain, that's the extension - .com, .net, .org and so on. You can register a new domain name from any kind of registrar or migrate an active domain between registrars in a few simple steps. Whenever you decide to do the latter, your domain shall be renewed automatically by the gaining registrar the moment the transfer process has been finalized. Along with the generic Top-Level Domains, there are country-code ones too. Some of them can be registered by anybody, while some others require regional presence or even a business license.