domain auction

A domain auction is a marketplace where individuals or businesses bid on and buy internet domain names—web addresses that users type into their browsers. These auctions typically occur when a domain name is expiring, owned but not actively used, or intentionally put up for sale. Participants place bids, and the highest bidder wins the right to own that domain. Domain auctions allow for the trading of valuable or desirable web addresses, which can be used to enhance branding, online presence, or investment portfolios. They are facilitated by specialized platforms that manage the bidding and transfer process securely.