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