If you wish to create a website, you need two things - your own domain name and a hosting plan for it. The domain registration is the actual web address which you enter in an Internet browser to access a site, while the hosting space is where your site files will be. These are two tightly related, but separate services, while many people believe that registering the domain is enough. Similar to the disk space and the monthly traffic features that a given hosting plan features, there are a certain number of registered domains which you can include as hosted which means that you can have the web content for them in some account even if the domains are in fact registered using a different firm. In technical terms, it doesn't matter if a domain is registered and hosted with the same company or is registered with one company and pointed to another - in either case your websites will function exactly the same way.