A domain name is a distinctive address that you can obtain through a registrar company. All the units that are linked to the World-Wide Web, including web servers, feature numeric addresses, or IP addresses, which are very difficult to remember, for this reason the domain name system was introduced as an easy way to identify a website on the World Wide Web. Thus, your website can be reached at www.domain.com instead of 126.96.36.199, for instance. Your domain name possesses 2 parts - the Second-Level Domain, that is the actual website name that you will be able to pick, as well as the Top-Level Domain, which is the extension - .com, .net, .org and so on. You can register a new domain from any type of registrar or migrate an active domain name between registrars in a few easy steps. In the event that you decide to do the latter, your domain will be renewed immediately by the gaining registrar right after the transfer process is finalized. Along with the generic Top-Level Domains, there are country-code ones too. Many of them can be registered by anyone, while some others need local presence or even a business license.