A domain name is a special address that you can purchase via a registrar company. All units that are connected to the Web, such as web servers, have numeric addresses, or IP addresses, which are pretty difficult to remember, so the domain name platform was created as an easy way to recognize some website on the Web. Thus, your website can be reached at www.domain.com instead of 188.8.131.52, for instance. Your domain name possesses 2 different parts - the Second-Level Domain, which is the actual website name that you will be able to pick, plus the Top-Level Domain, that's the extension - .com, .net, .org and so on. You'll be able to register a new domain name via any kind of registrar or transfer an existing domain between registrars in a few simple steps. If you decide to do the latter, your domain name shall be renewed automatically by the gaining registrar the moment the transfer process has been finalized. In addition to the generic Top-Level Domains, there are country-code ones as well. A number of them can be registered by anyone, while others will need regional presence or a business license.