I came accross a registrar (Avanpad.com) that promises you to register your EU domain name for 10 years, but according to the eurid.eu you can only register for a maximum of 1 year.

They price the domain at €20 per year, but obviously nobody will know what a .eu domain will cost in two years time. I fired them up an email to enquiry and they did not explained much. So how is this possible? And is it reliable?

Hello,

It will be automatically renewed.

Regards,

Support


-----Original Message-----
From: ******@ssl-mail.com [mailto:*****@ssl-mail.com]
Sent: Sunday, March 16, 2008 7:28 AM
To: support@avanpad.com
Subject: query domains


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Name: L****

ICQ:

Subject: query domains

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I have seen in your domain page:

http://www.avanpad.com/index.php?com=domain


That you offer registration of .eu domains for up to 10 years, I would like to know how that is possible since the maximum time a .eu domain can be registered in advance (according to Eurid.eu)it is 1 or 2 years.


Thank you

So how is this possible?
As their e-mail said, they auto-renew the domains for which they receive advance payment.

It's a gamble on their part and on yours. You're pre-paying them to renew your domain for ten consecutive years. If they go out of business, they have your money and you don't get the renewals that haven't been processed. Alternatively, if EURid increase the fees for a .EU domain, they lose because it's costing them more than they'd planned.

Of course, having not read the fine print, they may have a clause in their agreement that protects them in some fashion...

And is it reliable?

Who knows?

If you trust that the company will be around for 10 years then it works. Just be aware that you can't transfer the domain to any other registrar in this time.
It's almost impossible that the registry will increase there price in the next years that much that they will loose money (the registry free is currently at Euro 5.00 a year).

Can be a good thing if you don't want to worry about domain renewals.

NSI even offers 20 and 100 years for gTLDs.

Just be aware that you can't transfer the domain to any other registrar in this time.
Why not? Other question what the reason for that? ;)

Why not? Other question what the reason for that? ;)

Ok, you can. But you loose the pre-paid money (as for sure there terms will mention that it's a non refundable service).

And you will get +1 year befor transfering. Or what lose are you talking about?

And you will get +1 year befor transfering. Or what lose are you talking about?

Read the whole thread. There is a company which offers 10 year registration for .eu domains. .eu domains can only be registered for a maximum period of 3 years at the registry.
Therefor when you pay them for 10 years (say for a new domain) they register the domain for 3 years. If you decide now after a year to transfer the domain to an other registrar you loose 7 years which you already prepaid. If the registrar decides to only register the domain for 1 year and renews it every year (I would say that's up to there discretion) then you even loose 9 years of prepayment.

Same happens when they go out of business in those 10 years.