A domain is a unique address that you are able to buy via a registrar company. All devices that are linked to the World-Wide Web, such as web servers, have numeric addresses, or IP addresses, which are very difficult to remember, that's why the domain name platform was created as an easy way to identify a given site on the Internet. In this way, your web site is available at www.domain.com as an alternative to 188.8.131.52, for instance. A domain name features 2 separate parts - the Second-Level Domain, that is the actual site name that you will be able to choose, plus the Top-Level Domain, that is the extension - .com, .net, .org and so on. You're able to register a new domain via any kind of registrar or transfer an existing domain name between registrars in a few easy steps. In the event that you choose to do the latter, your domain name will be renewed automatically by the gaining registrar the moment the transfer process has been completed. Along with the universal Top-Level Domains, there are country-code ones too. Some of them can be registered by anybody, while others need local presence or a business license.