If you want to create a website, you need 2 things - your own domain name and a website hosting plan for it. The domain registration is the actual website address which you type in an Internet browser to access a site, while the hosting space is where your site files will be. These are two closely related, yet independent services, while many people believe that registering the domain is enough. Just like the disk space and the monthly traffic features which a given website hosting plan has, there are a certain number of registered domains you can include as hosted i.e. you can have the web content for them in some account even if the domains have been registered via a different provider. In technical terms, it doesn't matter whether a domain name is registered and hosted with the same company or is registered with one company and pointed to another - in either case your websites will operate exactly the same way.