Cryptocurrency Q&A
What happens if ENS domain expires?
What happens if ENS domain expires?
Nicola
Wed May 29 2024
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7 answers
1211
Could you please elaborate on what occurs when an ENS domain expires? I'm curious about the consequences of not renewing the registration of an ENS domain. Would the domain become unavailable for use, or would it revert back to its original state? Also, is there a grace period or a notice provided before the expiration, and if so, how long does it last? Additionally, are there any penalties or fees associated with the expiration of an ENS domain? Thank you for clarifying this matter for me.
7 answers
MountFujiView
Fri May 31 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a range of services that cater to the diverse needs of the crypto community. Among these services, spot trading stands out as a popular option for investors.
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Elena
Fri May 31 2024
Fortunately, the expiration process incorporates a 90-day grace period, offering a buffer for those who might overlook their renewal deadlines. This ensures that the original owner retains a window of opportunity to secure their name.
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CryptoChieftainGuard
Fri May 31 2024
During this 90-day period, the owner has the chance to renew the name, maintaining their rights to its use. This is a crucial safeguard against accidental loss or forgetfulness.
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SumoHonor
Fri May 31 2024
Once the grace period elapses, however, the name becomes available for registration by any interested party. This process is facilitated by a temporary premium, which acts as an incentive for prompt registration.
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Riccardo
Fri May 31 2024
The temporary premium is designed to encourage swift action and discourage hoarding. It gradually decreases over a period of 21 days, ensuring that the name eventually becomes more accessible to a wider pool of potential registrants.
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