Transferring an existing domain name entails switching the registrar that handles the registration service, so after the transfer, you’ll have to manage things like renewal payments or DNS updates through the new domain name registrar. The transfer procedure is standard with most generic and country-code Top-Level Domain extensions. Certain country-code extensions are more specific and involve different steps, but in the general case transferring a domain involves a few necessary steps and one of them is unlocking the domain name. The lock is a safety feature, which is being adopted by more and more registry organizations. It’s a default feature supported by all generic top-level domain names. If a domain name is locked, it won’t be possible to initiate a transfer process, so nobody can even try to snatch your domain. The domain lock can be removed only through the account where the domain is registered and all new domain names that support this feature are locked by default the moment they are registered.