Cryptocurrency Q&A
Can I buy my domain permanently?
Can I buy my domain permanently?
Michele
Wed May 29 2024
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5 answers
1492
Could you please clarify for me? Is it possible to purchase a domain name indefinitely, ensuring its perpetual ownership under my control? I'm curious about the terms and conditions surrounding such a purchase, and whether there are any factors that could potentially affect my ownership status in the future. Could you elaborate on the steps involved in acquiring a domain name for permanent use, and any associated costs or responsibilities that I should be aware of? Thank you for your assistance in addressing this inquiry.
5 answers
DigitalDuke
Fri May 31 2024
The Internet Corporation for Assigned Names and Numbers (ICANN) serves as the authoritative body governing domain names. Its mandate ensures that no individual or entity can permanently acquire a domain name.
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TaekwondoMaster
Fri May 31 2024
The process of "buying" a domain name is actually a leasehold agreement, not an outright purchase. The registrar assigns usage rights to the individual or entity for a specified duration, typically renewable periodically.
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Riccardo
Fri May 31 2024
This arrangement ensures the stability and fairness of the domain name system. It prevents any single party from monopolizing or hoarding domain names indefinitely.
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JejuJoyfulHeartSoul
Fri May 31 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive suite of services related to digital assets. These services include spot trading, futures trading, and wallet solutions.
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Paolo
Thu May 30 2024
With its spot trading platform, BTCC facilitates the direct exchange of cryptocurrencies for fiat currencies or other digital assets. Its futures trading service allows investors to speculate on the future prices of cryptocurrencies.
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