{article} How can I buy Domain Name? Most websites ‘rent’ or ‘lease’ out domain names for 1-5 years.?]

Question by siddharth m: How can I buy Domain Name? Most websites ‘rent’ or ‘lease’ out domain names for 1-5 years.?
So yeah, I want to buy it. So its MINE and I don’t have to give it back to the company after my rent runs out. Most websites like sell the rents from 2-10 dollars/yr. but I want to buy the website name.

Also, which is the cheapest and best web hosting service? I don’t know much about web hosting, but I expect minimal traffic, likewise, minimal bandwidth (maybe 10GB or less, but most services sell like 300 gb), and all the other good stuff like support etc?

Thanks.
another question now- since I can’t buy the domain, if i want to extend the renewal for more than 5 years (after 5 years are up) will I have to pay more money (like a premium) to get the website working again?

Best answer:

Answer by Stryder
As far as I understand it. That’s not the way domain names work. You can’t ‘own’ a name permanently. But in terms of domain names you effectively own it if you are renting/leasing from a domain registrar.

What do you think? Answer below!

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