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In this video tutorial, David from WebsiteCraze.com explains how to transfer a domain name between registrars, using the example of moving a domain from GoDaddy to Namecheap. The process is similar regardless of the registrars involved. The first step is to access the current registrar's management settings for the domain. Users need to locate the domain status, which is initially set to "locked," preventing the transfer. To initiate the transfer, it’s essential to change this status to "unlocked." David emphasizes that these steps apply whether moving from Google Domains, Bluehost, or any other registrar.