If you wish to make a website, you need 2 things - your own domain name and a hosting plan for it. The domain registration is the actual web address that you enter in a web browser to access a site, while the hosting space is where your site files will be. These are 2 very closely related, but independent services, although many people think that registering the domain is enough. Very similar to the disk space and the monthly traffic features which a given hosting plan provides, 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 have been registered using a different provider. In technical terms, it does not matter whether a domain name is registered and hosted using the same company or is registered with one company and pointed to a different one - in either case your websites will function in exactly the same way.