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 web address which you enter in an Internet browser to reach a site, while the hosting space is where your site files will be. These are two closely connected, but separate services, even though many people think that registering the domain name is enough. Much like the disk space and the monthly traffic features that a given web hosting plan provides, there are a certain number of registered domain names that you can add as hosted which means that you can have the web content for them in some account even when the domains have been registered using a different service provider. 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 a different one - either way your websites will operate the very same way.