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Is it correct that the registrar is constantly increasing prices for domain name renewals? This happens every year. If earlier it was insignificant, now the cost of renewing a domain name is almost 10 times higher than the cost of the initial domain registration.

It might be like this if you registered a promo domain. I registered my domain names 4 years ago, but the renewal price is always the same. I use Pananames (https://pananames.com/) registrar. By the way, I read that .com domain names will soon become 7% more expensive for all registrars.

You should compare registrars, some are super expensive. They just give you good deal when you register, and renewals are crazy. For example GoDaddy uses that... they are expensive. Moved my all domains away this year.

It all comes down to both the registrar and registry for each extension. For example, Verisign owns the COM/NET extensions and they do tend to raise renewal prices every couple of years. When they do, registrars (such as GoDaddy) pass that down to us. However, just because Verisign raises renewal prices on COM/NET extensions doesn't mean a registry for another extension (for example, SIDN owns the .NL extension) will raise theirs. Domain name renewal prices will probably continue to go up regularly, but if you do some digging you can almost always find a renewal coupon code out there. Especially if you're using a big registrar like GoDaddy, Network Solutions...etc.

Then, when registering domain names, I will use the services of registrars offered in this topic. Thanks!