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This domain name would be ideally suited to a wide range of brands or companies.
The word "Luxzio" contains only six characters and three syllables. Successful brands using three syllable names include Armani, Adidas and Vodafone.
This domain was first registered in April 2016. Older domains have an advantage when ranking in search engines.
Luxzio.com is a .com domain. Dot com domains are the most valuable domain extension in the world, famously used by websites like youtube.com. Owning a .com says that you own the word "Luxzio" online.