Transferring an existing domain entails switching the domain registrar that handles the registration service, so after the transfer, you’ll have to manage things like renewal fees or DNS updates through the new domain registrar. The transfer process is standard with most generic and country-code domain extensions. Certain country-code extensions are more specific and entail different steps, but in the general case transferring a domain name entails several necessary steps and one of them is unlocking the domain name. The lock is a safety feature, which is being embraced by more and more registry organizations. It’s a default feature supported by all gTLDs. If a domain name is locked, it will not be possible to start a transfer procedure, so no one can even attempt to take your domain name. The lock can be removed only through the account where the domain is registered and all new domain names that support this functionality are locked by default when they are registered.