Do I only need a domain name to create a website?

No, a domain name is only your address, which helps to locate on the internet. While to create a website you need to put all your content, functions, applications on that place. So, to have a place to put your content in you need a house, and for that house, you need a hosting space/service. So, along with your address (domain name) and house (hosting) you can create a website. But, what is Hosting? Check out the blog for hosting here.
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