Looking at the well-known domestic domain name trading platforms, it is not difficult to find that the common domain name trading methods are nothing more than Buy It Now and Domain name bidding Two. So, what does domain name bidding mean? Is Xiaobai suitable for Buy It Now or domain name bidding? Today, I will introduce the essence of domain name bidding in detail and tell you about it Comparison between Buy It Now and domain name bidding 。

What does domain name bidding mean? Is Xiaobai suitable for Buy It Now or domain name bidding? (Recommended reading: What is the relationship between reservation bidding and domain name bidding? ）

1. What does domain name bidding mean?

We can think of bidding as an auction, that is, the higher the price, the better. The same is true for domain name bidding, which can be divided into two situations:

① Overdue domain name rush registration. If more than one person succeeds in rush registration, it is necessary to conduct domain name bidding, and the one with the highest price will win. Because the top-level domain name is used for a fee, however, some domain names are deleted because they have not been renewed upon expiration. At this time, all farmers can preemptively register the domain name.

② The domain name is sold by auction. At present, there are many domain name trading platforms in China that provide domain name auction services, and can auction or release domain names under normal conditions.

2. Is Xiaobai suitable for Buy It Now or domain name bidding?

In essence, Buy It Now and domain name bidding are common forms of selling domain names. The main differences are:

① Buy It Now Domain Name , the value of the domain name needs to be accurately evaluated, and no bargaining is allowed. The transaction is efficient and easy. After the buyer pays, the domain name will belong to the buyer.

② The domain name auction price is generally lower than the Buy It Now price. Whether to increase the price depends on the buyer's willingness; In addition, after the completion of the bidding domain name transaction, the domain name will not be owned by the buyer until it is taken off the shelf.

The above is all about "what does domain name auction mean? Is Xiaobai suitable for Buy It Now or domain name auction?" I hope it can help you better understand the domain name auction and choose your own transaction method in future domain name transactions.