A domain name is a distinctive address that you can purchase through a registrar company. All units that are linked to the World-Wide Web, including web servers, have numeric addresses, or IP addresses, which are quite hard to remember, for that reason the domain name platform was introduced as an easy way to identify some web site on the Web. By result of this, your website can be reached at www.domain.com in place of 123.123.123.123, for example. A domain name possesses 2 parts - the Second-Level Domain, that is the actual web site name that you can select, plus the Top-Level Domain, that's the extension - .com, .net, .org and so on. You'll be able to register a new domain through any kind of registrar or move an existing domain between registrars in a couple of simple steps. When you choose to do the latter, your domain will be renewed immediately by the gaining registrar as soon as the transfer process is completed. In addition to the universal Top-Level Domains, there're country-code ones as well. Some of them can be registered by anyone, while others require local presence or even a business license.