A domain name is a unique address that you're able to buy via a registrar company. All the units which are connected to the Internet, including web servers, have numeric addresses, or IP addresses, which are very difficult to remember, that's why the domain platform was introduced as an easy means to recognize some website on the Web. In this way, your website can be reached at www.domain.com as an alternative to 188.8.131.52, for example. A domain name has 2 different parts - the Second-Level Domain, which is the actual site name that you'll be able to choose, plus the Top-Level Domain, that is the extension - .com, .net, .org and so on. You are able to register a new domain name through any registrar or transfer an existing domain between registrars in a couple of simple steps. In the event that you decide to do the latter, your domain name shall be renewed immediately by the gaining registrar right after the transfer process has been finalized. Along with the generic Top-Level Domains, there're country-code ones as well. A number of them can be registered by anyone, while some others will need local presence or a business license.