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What are the benefits of pre-registering a domain name?

Competition for some of the new gTLDs is likely to be fierce. Pre-registering a domain name might give you an advantage over others wishing to register the exact same domain name. Much like standing in line for tickets, the earlier you get there the more likely you are to get one you want.   If more than one person pre-registers the same domain at GoDaddy, all applicants will be invited to a private auction to decide who gets it.

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