If you want to create a website, you need 2 things - your own domain and a website hosting plan for it. The domain registration is the actual web address that you enter in an Internet browser to access a website, while the hosting space is where your site files is going to be. These are two closely related, yet independent services, although many people think that registering the domain name is enough. Much like the disk space and the monthly traffic features which a given hosting plan offers, there are a certain number of registered domains that you can add as hosted i.e. you can have the web content for them in some account even if the domains are actually registered using a different firm. 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 one - in any case your websites will function exactly the same way.