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You can buy a Brand Domain or Brand Handle ("Property") for a flat fee of US$6.00.
Set a selling price known as NYP (Name Your Price).
Interested parties place a bond with the platform to indicate their interest in purchasing at the NYP.
Once a bond is placed by a bidder, you have 3 calendar days to decide whether to:
If you accept the offer, you will receive the full NYP amount minus the transaction fee and the commission rate set by the platform at the time of transfer (e.g., 10% of the NYP bond).
The platform will deduct any transaction fees charged by payment gateways and any applicable tax withholdings from the NYP amount before it is disbursed to you.
If you decide to keep the Property by paying the penalty, the bidder will receive a full refund of their NYP bond.
The penalty paid by the original owner will be split 50/50 between the platform and the bidder.
The platform will handle any transaction fees charged by payment gateways and any applicable tax withholdings from the penalty amount before distribution.
