Modified on: Sun, 5 Mar, 2023 at 2:33 PM
Let’s say you bought a Web3 domain, but you no longer want or need to hang onto it. Unlike traditional domains, which have up to 30-day waiting periods, know that with us, you can easily transfer your domain within seconds. So how do you figure out if transferring is right for you?
Here are the most common reasons for transferring domains:
When you transfer a domain to a new wallet make sure that the wallet is connected to a UD account in order to manage it, check how to connect a wallet here. Tell your friends to do the same if you transferred the domain to them!
1. Gifting to Family and Friends
We know that not everyone understands the true potential of Web3 (yet!). But for those of you who are one step ahead of the game, you might start thinking of securing Web3 Domains for your loved ones, which can then be easily transferred to them whenever you want.
2. Reselling Domains
If you ever feel it’s time to part ways with your Web3 Domains, you have the freedom to sell them on our website or on secondary markets like OpenSea or Rarible.
3. Selling to Private Parties
If you know someone who wants to buy your domain directly from you, then you can arrange the sale privately to transfer your domain, instead of going through secondary markets.
4. Changing Ownership for Business Reasons
Domains can be moved between people at your company if the need arises. This could happen if a business wants to maintain a domain that was originally registered by an employee under their personal account.
TABLE OF CONTENTS
- Transfer a Domain on UD
- Transfer a Domain on OpenSea
Make sure you're entering an ETH address of a non-custodial wallet, if the domain is transferred to an exchange account the possibility of regaining control of it is slim to none.
- Go to My Domains
- Select Manage next to your domain
- Select the Transfer tab
- Enter the ETH address to the wallet you'd like to transfer the domain and choose whether you would like to clear records
- You will be prompted to sign a transaction in your wallet. Changes will be published to the blockchain, this can take up to 10 minutes
In the event that you can not access our website, you can transfer your domain from one wallet to another via OpenSea. Once you transfer the domain all records will be cleared.
Keep in mind that you cover the gas fees when transferring NFTs (and this includes Web3 Domains!) to other wallets on OpenSea. For domains on Ethereum, you will need to have ETH in the wallet to cover the gas fees on the Ethereum network. If your domain is claimed to Polygon, you will need MATIC on Polygon to cover the gas fees instead.
Make sure you're entering an ETH address of a non-custodial wallet, if the domain is transferred to an exchange account the possibility of regaining control of it is slim to none.
- Login to your OpenSea account, then click on the circle in the top right-hand corner and click Profile
- Scroll down and click the 3 small dots in the left-hand corner of the We domain you wish to transfer, then click Transfer
- Enter the ETH addressof the recipient wallet then click Transfer
- You will be prompted to sign a transaction in your wallet to which the domain is claimed. If the wallet does not pop up automatically, please make sure you have unlocked the wallet by clicking the extension and entering your password
- Once the transaction is complete, OpenSea will notify you on-screen
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FAQs
To ensure the security of your domain, the transfer request is verified to make sure the transfer is authorized and legitimate. It's also necessary to verify that there are no locks or holds on the domain and that it meets all the transfer requirements. The current domain registrar then takes time to process the ...
How long does it take to transfer a domain to a new owner? ›
A domain transfer may take up to 14 days to be completed. It is difficult to provide an exact timeframe because the procedure depends on the time it takes the owner to confirm the transfer and the time your current registrar takes to accept or reject the transfer.
Do I have to wait 60 days to transfer domain? ›
As mandated by the Internet Corporation for Assigned Names and Numbers (ICANN), a 60-day waiting period is required before a Domain Transfer can be performed.
How do I prepare my domain for transfer? ›
Steps to prepare your domain for transfer at your current registrar
- Make sure your domain was registered or transferred more than 60 days ago.
- Remove any locks or security settings at the current registrar.
- Request an authorization code from your current registrar.
- Change your domain privacy settings to public.
The best way to “speed” up this process is to have the buyer open up an account at the same registrar where the domain is residing. This way, the domain can simply be “pushed” to another account without having to externally transfer.
Why does it take 7 days to transfer a domain? ›
Depending on the domain registrar, the process can take up to 7 days to complete. Sometimes, it can take even longer. One main reason transfers take so long is due to security measures implemented to prevent fraudulent transfers.
Will my website go down during a domain transfer? ›
No, the domain transfer is a process of changing domain name registrars. By default, a domain name transfer does not include a modification of the name servers of the domain. Assuming no changes are made on the name serves used by the domain, no downtime will be observed.
Are domain transfers instant? ›
A domain transfer can take up to 5 business days to complete. Some TLDs, like . CO.UK follow a different set of rules. Make sure you know your specific domain's requirements before starting a transfer.
Is it hard to transfer a domain? ›
To transfer your domain name to another registrant, you can initiate a change of registrant by contacting your current registrar. Your registrar will then ask for your confirmation via a secure mechanism (which typically will take the form of an email to the registered name holder).
How do I know when my domain transfer is complete? ›
Once you initiate a domain transfer, your domain name will be in the Pending Transfer status until the transfer is complete. You will see a message under the Transfer or Move Domain menu confirming whether the transfer is still being processed.
In accordance with the regulations established by ICANN (the domain regulatory body), it is not possible to transfer a domain within 60 days of: Registering the domain. Changing the registrant contact information. Transferring your domain between different domain providers.
What happens if domain transfer fails? ›
Typically this can be due to an invalid auth code, a locked domain, or an error on their end. When an incoming transfer fails, the transfer fee is refunded to account credit.
What are the rules for domain transfer? ›
A domain transfer is the process of switching your domain name from one registrar to another. To be eligible for a domain transfer, you must have been with your current registrar for at least 60 days, since ICANN enforces a 60-day Change of Registrant lock.
What happens to email when you transfer a domain? ›
When you transfer a domain name from one registrar to another, that's literally all you're doing. You're not moving your email or hosting. During the domain transfer process, your nameservers don't change — they'll stay pointed to the same pre-transfer nameservers.
Who initiates a domain transfer? ›
Initiate Domain Transfer
The transfer itself will be initiated with the gaining registrar, so you'll need to contact them for specific instructions. Here's a general idea of what you'll need to do: Log in to your account with the gaining registrar. Begin the domain transfer process according to their instructions.
How long is a domain transfer pending? ›
Transfer Pending – Awaiting Release by Current Registrar
Once the domain is pending, the losing registrar has five days to respond.
How to expedite a transfer domain? ›
To expedite the transfer, you will need to contact the losing registrar and ask them to approve the transfer. We can't expedite incoming transfers.
How do I check my domain transfer progress? ›
Where to Check the Domain Status
- Log in to your Web.com Account Manager.
- On the left navigation menu, click on Domain Name.
- Under Domain Overview, you'll see the status of your domain listed under Status. Note: If you have multiple domain names, click on the domain you want to manage to see the Domain Overview section.
Your registrar may deny a transfer request if the domain name is within 60 days of initial registration. Another situation is if the domain name is subject to a 60-day Change of Registrant lock.
