Hi, I hope this is the right community. I want to get a domain name for my own Lemmy instance. The one I have in mind is on auction on sedo.com.
I have no experience with acquiring a domain via auction. Is the price a one time fee for transfering the domain, and then the usual yearly fees (as for that TLD) applies, or is the price meant as yearly fee? I tried to find some info on this on the auction site but have not found a sufficient note.
Has anyone of you bought a domine name like that? Thanks for your help.
Once the domain is won through auction, it’s transferred to you. You renew yearly with your registrar.
Basically what you buy in the auction is not the domain, but the permission to go run it at a registrar of your choice.