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It's legit, you can reg a .com for $5.99 there, but as I understand it, you can't use the name...it stays with their name servers, pointing to a page that makes them affiliate revenue. If/when you decide you do want to use it, you can pay them another ten bucks or something, or transfer it to another registrar for the annual renewal fee, and have full control over it. It doesn't make a lot of sense, other than as a marketing ploy so enom can spam people about $5.99 domain names.
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