A domain name is a distinctive address that you can buy through a registrar company. All the units which are linked to the Web, such as web servers, feature numeric addresses, or IP addresses, which are pretty hard to remember, for this reason the domain name system was created as an easy way to identify some website on the Web. As a result, your site is available at www.domain.com in place of 123.123.123.123, for instance. Your domain name has two different parts - the Second-Level Domain, that is the actual web site name that you're able to select, as well as the Top-Level Domain, that is the extension - .com, .net, .org and so on. You will be able to register a new domain through any registrar or transfer an active domain name between registrars in a couple of easy steps. Whenever you choose to do the latter, your domain name will be renewed instantly by the gaining registrar once the transfer process is completed. 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 will require local presence or even a business license.