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Does anyone have experience with domain auctions? (lemmy.one)

submitted 3 years ago by CaptainBlagbird@lemmy.one to c/selfhosted@lemmy.world

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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.

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[–] dookoo@lemmy.world 2 points 3 years ago (1 child)

Once the domain is won through auction, it's transferred to you. You renew yearly with your registrar.

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[–] cnschn@lemmy.cnschn.com 4 points 3 years ago

Basically what you buy in the auction is not the domain, but the permission to go run it at a registrar of your choice.

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