BIN, short for Buy It Now, is a fixed price at which a domain can be purchased immediately without negotiation or bidding. If the buyer agrees to the listed price, the transaction can proceed at once.
Reserve Price is the minimum amount a seller is willing to accept in an auction. If bidding does not reach the reserve price, the domain is not sold.
View definitionA Domain Auction is a sales format in which multiple buyers place bids on a domain name. The highest bidder wins when the auction ends, subject to any reserve price or auction rules.
View definitionThe Aftermarket is the secondary market where already registered domain names are bought and sold. This includes marketplaces, auctions, brokers, and private transactions between buyers and sellers.
View definitionDefinitions of the most important terms used across the domain industry.