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Domain slamming (also known as unauthorized transfers or domain name registration scams) is a scam in which the offending domain name registrar attempts to trick domain owners into switching from their existing registrar to theirs, under the pretense that the customer is simply renewing their subscription to their current registrar.
When a registrar registers a com domain name for an end-user, it must pay a maximum annual fee of US$7.34 to VeriSign, the registry operator for com, and a US$0.18 annual administration fee to ICANN. Most domain registrars price their services and products to address both the annual fees and the administration fees that must be paid to ICANN.
Domain name registrar. A domain name registrar is a company, person, or office that manages the reservation of Internet domain names . A domain name registrar must be accredited by a generic top-level domain (gTLD) registry or a country code top-level domain (ccTLD) registry. A registrar operates in accordance with the guidelines of the ...
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GoDaddy Inc. is an American publicly traded Internet domain registry, domain registrar and web hosting company [ 3] headquartered in Tempe, Arizona, and incorporated in Delaware. [ 4] As of 2023, GoDaddy is the world's fifth largest web host by market share, [ 5][ 6] with over 62 million registered domains. [ 7]
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