In order to make a web site, you need 2 things - your own domain name and a hosting plan for it. The domain registration is the actual website address that you enter in a web browser to reach a website, while the hosting space is where your website files will be. These are 2 very closely related, yet 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 hosting plan offers, there are a certain number of registered domain names you can include as hosted i.e. you can have the web content for them in some account even if the domains have been registered via a different provider. In technical terms, it doesn't matter whether 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 operate in exactly the same way.