I currently have domain on GoDaddy which will expire in a few days. However, I want to switch to NameCheap, how should I handle that? Should I just wait until the time runs out for GoDaddy, and then purchase it at NameCheap? Thank you very much.

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I would push it to name cheap b4 it expires.

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Just because it's expiring for you doesn't mean it'll be free to buy on namecheap. GoDaddy may have bought it for more than one year, remember your only technically hiring it from them. Also to transfer it to namecheap you have to get what is called a EPP code from GoDaddy now to transfer it.

If not had a look at this so not really sure what it's all about but have noticed a few times while browsing through namecheap.

Can GoDaddy really do that? Buy it for more than a year and than only let you have it for a year?

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GoDaddy as all other domain registrars can do as they please. Legally it is them that owns your domain names, you really are only hiring them. But that was not what I was meaning, I simply meant that when it runs out for xtreme that doesn't guarantue he can just go to namecheap and buy it again, it may still be owned by GoDaddy.

He's best off pushing it before it runs out, just in case.

When a domain name expires, it generally goes into a redemption period where the owner has a chance to renew the domain. This period generally lasts 30-60 days. If the domain is not renewed, the domain is then placed back up for registration.

If the domain is in the redemption period, you will not be able to transfer it over to NameCheap until you renew the domain and then have an EPP code issued for the transfer. In addition, you may have to pay transfer fees to transfer the domain from GoDaddy to NameCheap.

I believe there is another period after the redemption period, however, I am not 100% sure right off hand as of right now. You could easily search on Google to find out more about these periods of time and so forth.

I also know there are some registrars that will not allow you to transfer the domain XX amount of days before it expires, so if GoDaddy is one of those, you'll have to renew it with them anyway before you will be able to transfer it over to NameCheap.

go to namecheap, start a transfer to namecheap and you will get an authorization request at your current email on file at godaddy, you'll need to authorize the transfer and to enter into namecheap a code that you can find in your godaddy account, after that, the transfer should go smooth

don't let your domain expire