In order to make a web site, you need two things - a domain and a hosting plan for it. The domain registration is the actual website address that you enter in a web browser to access a site, while the hosting space is where your website files will be. These are 2 closely related, yet independent services, while many people believe that registering the domain name is enough. Very similar to the disk space and the monthly traffic features which a given hosting plan features, there are a certain number of registered domain names which you can add as hosted which means that you can have the web content for them in some account even when the domains are actually registered using a different firm. In technical terms, it doesn't matter if a domain name is registered and hosted using the same company or is registered with one company and directed to another - in either case your websites will function in exactly the same way.