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How to Buy Cheap Domain Name with Bitcoin (Tutorial)Own your identity in the digital world. ; Domain Renewal. Renews Yearly. Renews Yearly ; Records Management Fees. No Fees. Ethereum Gas Fees ; Web3 Identity. BTC domains are registered through a smart contract on Stacks, secured by Bitcoin. This smart contract implements a decentralized name registry written in. BTC names are registered by sending a transaction to the BNS smart contract on the Stacks chain. BNS is the "Blockchain Naming System", a decentralised name.