To start with, we do not necessarily suggest to transfer domains without having a good reason to do this. The transfer process can take up to a week. The main reasons a transfer really makes sense are, if (a) you can save money with the new registry (us), or (b) if you prefer to have everything "under one roof" (hosting and registration). But there is no technical reason to do this, just because you change hosts, as you can always just update the nameservers (DNS) for your domain with the existing registry.
If you decided to transfer your domain, make very sure -- before starting the transfer process -- that your domain's email contact that you see in WHOIS is your current mail account, and that the domain you like to transfer is older than 60 days and that it is not locked at the present registry. You will then get two emails, one from us (BASIC Networks), and one from the "loosing registry" -- you will need to reply to these emails (please see the link/s within the email, and read the instructions.). If you fail to follow up, we will not be able to transfer the domain.
By using our Transfer Registrar tool, you are simply transferring your domain from the registrar you originally registered to our registrar. (Please note, there is a 60-day transfer hold - which means you have to wait two months from the initial registration before you can transfer your domain.)
You can transfer your domain from your previous domain registrar to us starting at $8.50. The transfer price is always the same as the registration price. A transfer will add one year to the original registration term. For example, if your domain is due to expire in 5 months, you can transfer it to us and it will then expire in 1 year and 5 months.
All existing information in your domain record will be preserved (including DNS settings). Once the transfer has been completed, you can then use our billing/admin gateway to change any information you choose.