The first time I came across this cost-saving information was through a press release that landed in my inbox. Since I hadn't seen it mentioned elsewhere, I decided to do some research and share this beneficial news.
Starting from January 15, 2000, the limitation of registering domain names for two years at a time has been removed. You can now register domain names for one to ten years, in one-year increments, up to a maximum of ten years. This information is directly sourced from the ICANN NSI-Registrar License and Agreement.
According to the ICANN NSI-Registrar License and Agreement, NSI has committed to developing and implementing two additional modifications to the Licensed Product by January 15, 2000:
However, the total unexpired term of a registration should not exceed ten years.
This new flexibility in domain name registration offers significant benefits. If you own multiple domain names, you might want to consider reserving them on a yearly basis to reduce costs. Alternatively, if you own a company name that you don't intend to sell in the future, you can register it for ten years and enjoy substantial savings off the regular price.
After extensive research across several ICANN accredited registrars, I found that most still only offer the old two-year registrations. However, I did discover one Canadian company that offers one to ten-year registrations. This company, partnered with Melbourne IT, an ICANN accredited registrar, even has a shopping cart feature for multiple registrations and a real-time database. You can check them out here.
With 21 domain names to register, I was thrilled to save over $600 US by registering them for a single year instead of two. And the best part? I submitted them all with a single mouse click.
