Transferring an existing domain entails switching the registrar that provides the domain name registration service, so after the transfer itself, you will have to manage things like renewal payments or DNS resource record modifications through the new registrar. The transfer process itself is standard with most generic and country-code domain extensions. Some country-code extensions are more specific and involve different steps, but in the general case transferring a domain name involves several basic procedures and one of them is unlocking the domain. The lock is a safety feature, which is being embraced by more and more registry organizations. It is a default feature supported by all generic top-level domain names. If a domain is locked, it won’t be possible to initiate a transfer procedure, so nobody can even try to snatch your domain name. The domain lock can be removed only through the account where the domain is registered in the first place and all new domains that support this feature are locked by default the moment they are registered.