A domain is a special address that you can purchase through a registrar company. All the units that are connected to the Internet, such as web servers, possess numeric addresses, or IP addresses, which are quite difficult to remember, so the domain name platform was created as an easy way to recognize a given site on the World Wide Web. As a result, your site is available at www.domain.com in place of 126.96.36.199, for instance. A domain name features two parts - the Second-Level Domain, which is the actual site name that you can select, plus the Top-Level Domain, which is the extension - .com, .net, .org and so on. You will be able to register a new domain via any sort of registrar or transfer an existing domain between registrars in a couple of simple steps. When you choose to do the latter, your domain name will be renewed instantly by the gaining registrar as soon as the transfer process is finalized. In addition to the universal Top-Level Domains, there are country-code ones too. A number of them can be registered by anybody, while some others demand local presence or even a business license.