Registering a domain name and hosting one is usually mistaken by many people to be the same thing. They are in fact 2 separate services - the domain registration is the actual name and nothing more, while the hosted domains feature shows the number of already registered domain names which you could accommodate within the same hosting account and have site data and email messages for them. Your websites will work in exactly the same way regardless of whether the domain addresses are registered and hosted in one place or are registered with company A and directed to company B. Simply registering a domain address without hosting it will give you ownership, but will not allow you to have a web site unless you host this domain address in some account so that records for it are created and it starts opening the content from that account.