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GoDaddy - How Long Can Stay Domain In Basket

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barefooted

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I have a domain in my GoDaddy basket but cannot find a working coupon code.
Somewhere I read that some coupon categories can be used once in 72 hours interval.
I wonder what will happen if I wait for some days with a domain in the basket.
Whois shows its status "available"
 
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Its just in your basket and can probably stay for ever. Godaddy has not put any sort of "reservation" on your domain name and the domain is still free-to-reg everywhere.
 
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I've read somewhere that godaddy has (or had) a grace period during which you can cancel a just-purchased registration

Anyone knows if it still exists (may be at other registrars too) ?
 
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