How Does GoDaddy Sell Domain Names?

Question:

How is a company like go daddy able to sell domain names? Do they have a contract with ICANN? Do they buy domain names and resell them?

Answer:

goDaddy is a domain name registrar, that’s how. Here’s some information on what it takes to become a domain name registrar.

And no, they don’t buy domain names and then resell them. They’re not like greasy hamburgers sitting under the heat lamp waiting for someone to buy them. If you want a domain name, YOU have to come up with a name. If it’s not already taken, then you can register it.

I get all my domain names at NameCheap because they’re way cheaper than GoDaddy. Click here to see NameCheap vs GoDaddy.