For the most part, you can pick whichever TLD you prefer, though a few have restrictions -- you can't buy a .edu domain unless you run an accredited post-secondary school. Many, but not all, country-specific domains (.us, .uk, .jp) are restricted to citizens of the country in question. Unrestricted country domains are often used for "domain hacks," where the extension becomes part of the title, such as YouTube's alternate address, "youtu.be."
Domain names are often seen in analogy to real estate in that domain names are foundations on which a website can be built, and the highest quality domain names, like sought-after real estate, tend to carry significant value, usually due to their online brand-building potential, use in advertising, search engine optimization, and many other criteria.
In the first quarter of 2015, 294 million domain names had been registered.[17] A large fraction of them are in the com TLD, which as of December 21, 2014, had 115.6 million domain names,[18] including 11.9 million online business and e-commerce sites, 4.3 million entertainment sites, 3.1 million finance related sites, and 1.8 million sports sites.[19] As of July 2012 the com TLD had more registrations than all of the ccTLDs combined.[20]
A handful of domains will have restrictions on them, which means you can only purchase them if you meet certain criteria or have authorization (some examples are .gov, .edu. and .mil). But most extensions are available to everyone. In fact, most country code Top Level Domains (ccTLDs) are available for anyone to purchase, even if you don’t reside in the country in question.
GoDaddy used to be a place I'd recommend only as a joke, but has significantly improved their service. They'll recommend you domains based on certain keywords, which is useful if you've not got the one you want available (they'll actually remove these from the search to try and not break your heart), and they've also significantly improved their hosting offering. They still continue to offer weird things like "email services" that other hosting companies provide too.  Our GoDaddy Review.
A domain name is, quite simply, the name of your website. The domain can be found in the URL and is used in order to locate the website of a specific person or organization. Each domain name or URL directs users to a specific IP address. Domains are easier to remember than a long and complicated IP address, which takes the form of a series of numbers. A domain can be divided up into three different elements: a subdomain, a domain name, and a top level domain (TLD). Take about.1and1.com as an example: the 'about' element is the subdomain, the '1and1' element is the domain name itself and the '.com' part of the URL is the top level domain. It is also possible to have multiple subdomain levels, info.about.1and1.com for example, which you can use to segment your website into separate categories. The length limit of a complete domain name is 255 characters. With 1&1, you can choose a domain name that best suits you or your business, or you can transfer an already existing domain over to 1&1. Next, customers can select a TLD from a wide variety of domain extensions on offer. When choosing a domain name, it is important to select something that properly reflects the ethos of your business in a concise and catchy way. A good domain should be memorable, brandable, and should have a suitable extension.
If you are looking for a TLD other than those listed above, our DNS services support domains in almost every TLD, as long as the registry and your registrar will delegate the domain for our nameservers. Domain Transfers are a one-time fee, priced at the one (1) year rate for the appropriate Top Level Domain and include an automatic one-year extension of the domain's expiration upon completion of the transfer.
NameCheap offers domain names to individuals and businesses, including a wide range of new TLDs that can draw further attention to your particular business segment. They also have a user-friendly control panel for buying domain names as well as offer hosting and tools for building your website. I personally used them to transfer over 25 domain names at once, and it took a few days and about three clicks. They're my go-to processor for names I'm just looking to hold.
An important function of domain names is to provide easily recognizable and memorizable names to numerically addressed Internet resources. This abstraction allows any resource to be moved to a different physical location in the address topology of the network, globally or locally in an intranet. Such a move usually requires changing the IP address of a resource and the corresponding translation of this IP address to and from its domain name.
HostGator often offers promotions, coupons and special offers to customers during their initial term. Please note that special offers are limited-time promotional prices that are available to new customers and are valid for the Initial Term only, and not for successive or renewal periods. Promotional rates apply to GATOR, Shared, Cloud, VPS, Dedicated, WordPress and Reseller hosting plans and will automatically renew after initial term at regular rate found in your control panel. Note: If you register a free domain through us and wish to cancel your account, there is a fee to retain your domain.

Your domain name is how visitors easily find you online. It is often the first step in getting your website started because it is like establishing your website’s street address on the internet. If you did not have a domain name, you would have to give out your IP address to everyone who wanted to visit your website, which would get confusing and be easily forgotten.
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