s a domain name registrar, Namecheap is a retailer. When you register a domain, Namecheap has to pay a wholesaler known as a registry for each top-level domain or TLD (check out this article for more details on how this works).

Registries set a price on each TLD they offer, and the prices may change over time. They usually adjust prices upward, forcing domain registrars to increase their own prices for their customers.
But if you register for another six years right now, you only pay the current price per year, not the higher price you’ll be paying in later years. That’s can result in huge savings, especially if you have multiple domains.

And while 10%-per-year increases are steep, some domains can increase in price even more dramatically. Country-code domain names (those with two characters like .CA and .DE) have very few restrictions on future prices. Furthermore, new top-level domain names that registries introduced over the past few years may have no price increase limits. With these domains, there’s no way to predict what they may cost in the future.

Yet all of these domains can be renewed up to ten years in advance—at today’s prices.

reasons to take a long-term approach with domain names. Domains can typically be registered for up to ten years in advance. Let’s look at how renewing them for a longer period than a year might save you money and prevent a big headache down the road.