Setting up the DNS or domain name servers for your domain name is the first thing to do once you own a domain and a web hosting account. Initially, when you register a domain name from any of the best and popular web-hosting companies like Godaddy, Namecheap, Bluehost, Dreamhost, Bigrock, Hostgator. Your domain is parked on their own servers. This is the point where you have to change it if your hosting provider and domain registrar is different.
The format of a typical nameserver is something like this :-
There are two parts in this, the first part is the server number or server path and second is the name of the domain name (IP Address) where your hosting company belongs.
Like in my case, my domain name servers are as follows :-
Depending upon your web hosting company and ICANN, a typical nameserver updation takes usually 24-48 hours to update successfully before you can start using a domain name and installing some software script like WordPress or Joomla to it.
This time is the maximum time, the actual process sometimes takes less than an hour before you can start working on your domain.
So, if you want to cut your expense on buying a domain name, Bluehost is recommended as their service is not just 24 x 7 x 365 but also their technical support is fast and better than ever.In most cases, your hosting provider always provides a detailed guidelines on how to Setup Domain Nameservers for your domain name.
Here below are different links for most popular web-hosting companies to change the DNS Names.
Dreamhost – http://wiki.dreamhost.com/Nameservers
Here are general steps to Update Nameservers in any hosting
Step 1 : Login to your Domain Registrar Company (like godaddy) from where you bought your domain name.
Step 2 : Get a hosting account from the world’s best class webhosting – Bluehost.com and then you have your nameservers from the bluehost.
Step 3 : Choose a guide from above links as shown and then follow the necessary steps.
Step 4 : You are done ! Its as simple as cutting a Pie.
Extra Tips :
Its always best to buy domain and hosting from same company. The godaddy is the biggest name in Domain Services and offers very cheap domains. But Why ? – Cheap Domains. When you can get a domain name for free lifetime with Bluehost Hosting. Go and get a free domain now.
Always register your domain name for at least 2-3 years, not only its cheaper for its second year but also its good for reputation building that you are serious about your work and Google also appreciates it.