Why do I have to keep paying for my domain name?

The fee you pay the domain name registrar is an annual fee. In other words, you “own” the domain only as long as you keep paying the yearly fee for it. In this sense, the “ownership” of the name is not like the ownership of a physical object (eg, a car) that you buy, where once you pay for it you own it permanently.

Does NameCheap increase prices?

After careful analysis of the market, and the impact it’s having on our growing hardware and software costs, we have made the decision to increase some of our prices.

How does NameCheap pricing work?

NameCheap domain pricing (as of July 2021): .com $7.98 ($8.88/year on renewal), . NameCheap runs at $7.98/year for .com and $8.98/year for . net domains during signup. Renewal fees at NameCheap are cheaper, costing $8.88/year for a .com domain and $12.98/year for a .

How often do I need to renew my domain name?

Depending on how many years (usually between 1-10) you initially register your domain name for, you may be required to renew your registration with your registrar to continue to receive the services that allow your domain name to be accessible.

Why can’t I renew my domain name that is in redemption grace period?

If you tried to redeem (or renew) your domain name that is in Redemption Grace Period, but were unable to do so, the registrar may be in breach of the Expired Registration Recovery Policy. Your registrar must provide three renewal notices and allow a domain in Redemption Grace Period to be redeemed (or renewed).

How much does it cost to get a domain name?

For instance, you can get .com, .org, .net, .biz, and several others for $1 for the first year. After that, the renewal price for .com is $15/year, and for .org, .net, and .biz it increases to $20/year. Some domains like .mobi are quite expensive, since the initial price is the same as renewal, at $20/year.

What happens when a domain name is held by a registrar?

If it does indeed sell, the highest bidder will then have to wait the full thirty days of the registrar hold before they own the domain name. If the original owner decides to renew during this period, the bidding fee is refunded and the original owner retains control of the domain name.

https://www.youtube.com/watch?v=sAMo7qEx5EM