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A hosting is a place where files are stored. Normally a company offers its web hosting services by renting its servers to store the web, making it easier for other users to access it. The domain is a website address. The domain name must be registered and is unique, something like your home address.
While closely related, web hosting and domain hosting are two different services. Web hosts store content, like a website, on internet servers. Domain hosts provide domain names, which are the addresses that help visitors access website content. This guide explains the difference between the two types of hosting.