A domain name is a special address that you are able to buy from a registrar company. All of the devices which are connected to the Web, including web servers, feature numeric addresses, or IP addresses, which are quite difficult to remember, that's why the domain name system was launched as an easy way to identify a particular web site on the World Wide Web. In this way, your site is available at www.domain.com rather than 220.127.116.11, for example. Your domain name has 2 separate parts - the Second-Level Domain, which is the actual site name that you're able to pick, plus the Top-Level Domain, that's the extension - .com, .net, .org and so on. You'll be able to register your new domain from any sort of registrar or migrate a current domain between registrars in a few simple steps. When you choose to do the latter, your domain will be renewed instantly by the gaining registrar the moment the transfer process is carried out. Along with the universal Top-Level Domains, there're country-code ones too. Many of them can be registered by anybody, while others require regional presence or a business license.