Transferring domain from Godaddy To Namecheap

Today I received an email from GoDaddy that my domain will expire soon, so I should renew it; when I checked the prices, I was shocked as the renewal price was more than I expected. Then I did my research and found cheaper options were available; initially, I was sceptical about the transfer because i thought the fee I was paying while making a transfer would not count as my renewal fee, but after some research, I found it will. So I decided to transfer my domain from GoDaddy to NameCheap as I have been using Namecheap for a long time, offering cheap renewals. I was also considering Cloudflare; however, I read I can only use Cloudflare’s DNS, which made me go with NameCheap.

For the transfer, I followed this and this article in which it was mentioned that transferring the domain is 3 step process.

  1. Unlock the domain for transfer
  2. and request an access code from GoDaddy.
  3. Enter the access code at the new registrar

After completing all the above steps, Godaddy sent me an email in which they mentioned they had received my request to transfer my domain today. And they’re preparing to move my domain — I don’t need to do anything else. If I change your mind, cancel the transfer within five days. After five days, the domain will be transferred if I don’t cancel the request.