If you want to create a web site, you need two things - your own domain and a website hosting plan for it. The domain registration is the actual web address that you type in an Internet browser to access a site, while the hosting space is where your site data will be. These are two closely related, but individual services, although many people assume that registering the domain name is enough. Very similar to the disk space and the monthly traffic features which a given web 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 when the domains are actually registered through a different firm. In technical terms, it doesn't matter if a domain is registered and hosted with the exact same company or is registered with one company and pointed to another one - in any case your websites will function in exactly the same way.