ELI5: Explain Like I'm 5

Drop registrar

A drop registrar is a company or organization that allows people to buy and sell domain names. When you buy a domain name, it is registered with a registrar. If you want to sell the domain name, you need to find a drop registrar that will help you. The drop registrar acts like a middleman between the buyer and seller, making sure the domain name is transferred in a safe and secure way. They also make sure that the buyer pays the seller the correct amount for the domain name.
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