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You can verify it with WHMCS staff :

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Still you can get Owned license from order link but available for Reseller partner.

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If your provider is a directadmin partner, you can get unlimited domain licenses for low price

Its possible. Get a 4 GB slice from buyVM which comes with an Windows license https://buyvm.net/kvm-dedicated-server-slices/

* WHMCS to handle orders, billing, etc.

These days, there's really no difference between a VPS or dedi. You could get a 24-core 96 GB RAM "VPS" from Vultr ($640/month). You could get a $15/month dedicated server from Kims

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Imagine your client's paying for cPanel licenses more than the cost of the vps itself,

/billing/admin/help/license/?(.*)$

Pricing wise they look good though with some many free DA license based web hosts, the choice based on pricing isn't really an issue anymore.

For slightly more technical info on how accounts/domains are calculated, and what happens if you go over limits (e.g. Go from a regular license to Personal, and have more then 10 domains):

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I'am wondering can i host unlimited email domains on personal license?

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* Personal license - currently no limits on ordering. Domain-unlocked for DNS purposes so it's also a cheap clustering license.