I think transferring domain would cost you $10 or so. Its better to keep the domain at godaddy itself. After you transfer the domain by paying, the validity period of the domain would still remain the same, and you would simply be giving 10$ extra. But, of course if you have mycents it isn't much of an issue.'Also, in case if you don't have mycents, you can pay through paypal.
Yes, Xisto offers free privacy protection for domains. And for the cost of the domain, its $11.21 paid annually including taxes.
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