If you want to make a website, you need 2 things - your own domain and a web hosting plan for it. The domain registration is the actual web address that you type in a web browser to access a website, while the hosting space is where your site data will be. These are 2 very closely connected, but independent services, even though many people believe that registering the domain name is enough. Very similar to the disk space and the monthly traffic features which a given website hosting plan features, there are a certain number of registered domains which you can add as hosted i.e. you can have the web content for them in some account even if the domains have been registered through a different firm. In technical terms, it does not matter if a domain name is registered and hosted with the same company or is registered with one company and directed to another one - in either case your websites will operate the very same way.