Yes you can use your domain name with any web hosting provider that you select.
The one thing that you MUST do FIRST is login to the account of domain registrar where you purchased the domain and then point the nameservers to your web hosting provider.
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Can I take my domain name to another host?
You can always leave your domain name with your current registrar or host if you wish to do so, and simply change the domain’s nameservers to point to your NEW host’s server. Now, for those of you who DO wish to transfer your domain name away from your current registrar/host.
Does it matter who you register your domain name with?
Once you register a domain, it’s yours – it doesn’t matter which service you purchased it from. If a domain is available, you can usually buy it anywhere you’d like. However, some domain registrars offer services or advantages that others don’t.
Can I buy domain from GoDaddy and host elsewhere?
Yes, you can purchase a domain from GoDaddy (or any Domain Registrar) and then host it on HostGator (or elsewhere) if you wish. There are better Domain Registrars than GoDaddy and better hosts than HostGator. It is easier to purchase your domain and your hosting from the same provider.
What happens when you transfer a domain?
When you transfer a domain name, you’re telling ICANN the Internet Corporation for Assigned Names and Numbers, that you want an alternative registrar to manage your domain. You may or may not decide to change your hosting provider at the same time.
How much does it cost to transfer a domain name?
No, there are no extra charges that come with a transfer. For most domain extensions, you will just be charged with a regular transfer fee. This fee includes domain renewal. You may check the pricing here.