BID is the top level domain. The BID domain appeared on the Internet as a result of the program for the introduction of new domains - New gTLD. Thanks to the New gTLD, businesses have the opportunity to more accurately reflect the subject matter of their activities in the domain name, there are hundreds of new TLDs with many free names. Having seen the domain zone, the visitor understands what subject the future site is about. This way you get more targeted visitors to your website.
No documentation is required to register a BID domain. However, keep in mind that New gTLDs are subject to the Uniform Domain Dispute Resolution Policy (UDRP). In this regard, we recommend avoiding when registering domain names that are similar to well-known Trademarks or consonant with popular sites. Registering a domain similar to an existing Trademark may result in the loss of the domain. A good solution is to come up with a unique domain name that is not similar to others.
BID Domain Benefits
- The domain exactly reflects your type of business;
- Many free domains to register;
- Good indexing by search engines;
- The domain name is familiar and equally easy to hear by site visitors.
After the expiration of the registration period, the BID domain has an ARGP (Graceful Renewal Opportunity) period of up to 28 days. Please note that the ARGP period is not guaranteed and may be less than 28 days (depending on partner registrar or registry terms). If the domain is not renewed during the ARGP period, the RedemtionPeriod (the possibility of restoring the domain) occurs. RedemtionPeriod is valid for 30 days, the domain owner is given the opportunity to restore the domain at a higher cost than the renewal price. If the domain is not restored within the RedemtionPeriod, 5 days after the end of the RedemtionPeriod, the domain is free and available for registration with any registrar. The cost of domain restoration is shown in the table below, item “Restoration”.