Name Trading

Hello, I have a question about name trading. My friend owns a Summoner name that I would love to own, he's willing to give it to me but we don't know how to do this. I'm afraid as soon as he changes his name, some bot will swoop it up and neither of us will have it. _(It's a pretty rare 4 letter name)_ First of all:** Is this allowed?** Second: What's the most effective way to go about this?
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