A domain name is a unique address that you can obtain through a registrar company. All units that are linked to the Web, such as web servers, feature numeric addresses, or IP addresses, which are pretty difficult to remember, for that reason the domain name platform was introduced as an easy way to distinguish a website on the World Wide Web. As a result, your web site can be reached at www.domain.com in place of 188.8.131.52, for example. A domain name has 2 different parts - the Second-Level Domain, that is the actual website name that you are able to choose, and the Top-Level Domain, that is the extension - .com, .net, .org and so on. You can register a new domain name through any registrar or transfer an active domain between registrars in just a few easy steps. When you choose to do the latter, your domain shall be renewed automatically by the gaining registrar the moment the transfer process is completed. In addition to the generic Top-Level Domains, there're country-code ones as well. Some of them can be registered by anyone, while some others will require regional presence or even a business license.