The domain that I own has expired, but it's still in my account and less than a month has passed. I'm planning to transfer it to a different hosting service.
The question is whether or not I should renew it.

Is there a domain transfer with an extension or not? It's best to act quickly and not wait for the grace period to end, or else a cunning hoster may demand $80 to restore the domain, as GoDaddy does.

The extension will be added during domain transfer, which means there is no need to worry about it separately. However, it's important to note that if the expiration date has already passed, the transfer won't work without the extension being renewed first.

For gTLDs (international domains), the transfer process typically includes a one-year renewal, whereas for some ccTLDs (e.g. .ru), this may not be the case.

It's worth noting that if you choose to transfer a domain to AutoRenew after its registration period has ended, an additional year of renewal will be added to the domain, but the previous renewal from the donor registrar will be cancelled. Whether or not the previous registrar returns the funds to you is a separate issue.

Overall, this means that in most cases, renewing your domain may not be necessary.

check the specific terms and conditions of your domain registrar to ensure you are aware of how renewals and transfers work for your particular domain.

The decision to renew or transfer a domain involves multiple factors that should be weighed carefully.
Firstly, consider the branding and identity associated with your domain. If the domain name has been an integral part of your brand identity and is well-established with your audience, it may be worthwhile to renew it. Consistency in online branding is essential for building trust and recognition with your visitors.

Secondly, assess the content and traffic associated with the domain. If your website has valuable content, good search engine rankings, or a steady flow of visitors, renewing the domain can help in preserving these assets. However, if the content is outdated or the traffic is minimal, transferring the domain to a different hosting service might be a better option.

Additionally, reflect on the technical aspects of the domain. Consider whether the current hosting service meets your requirements in terms of performance, security, and support. If you are unsatisfied with the current hosting provider, transferring the domain to a different service that better aligns with your needs could be advantageous.

From a financial perspective, evaluate the renewal cost and the pricing of the new hosting service. Compare the benefits and features offered by different providers to make an informed decision. It's important to consider any potential promotional offers or discounts available for domain transfers.
The decision to renew or transfer your domain should be based on a comprehensive assessment of your branding, content, technical requirements, and financial considerations. By carefully evaluating these aspects, you can determine the best course of action to ensure the continued success and effectiveness of your online presence.