What is Redemption Period?
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What is Redemption Period? Redemption Period is the period of time in which a domain name is offered for redemption after its owner does not continue the registration of his domain. And its validity period has expired
What is Redemption Period? When a domain name loses its registration. It goes into Redemption Period. This period usually lasts from 30 to 90 days. Depending on the domain name registrar and ICANN (Internet Corporation for Assigned Names and Numbers) rules.
During the Redemption Period, the domain name can be redeemed by its previous owner
However, the redemption value during this period is usually much higher than during the normal registration period. This is because domain name registrars need to perform additional procedures to recover domain names during the Redemption Period.
If the previous owner does not redeem the domain name within the Redemption Period. It becomes available for registration by other users
This may result in the loss of a domain name that may be important for business or personal use.
As a general rule, it is best to specify automatic domain extension when registering a domain name to avoid the Redemption Period. This will protect you from losing your domain name and allow you to focus on the development of your business or project.
