name server vs redirect

This is not specifically a WordPress question but wasn’t sure where to post:

I have bought a domain on one website but am hosting on another. Is it better to configure a redirect or better to change to NS on the domain name home website to point to the hosting url? Or are these two unrelated functions? I am confused as to what gets what (the url name website vs the hosting website). I hope this makes sense. Thanks again everyone!

 

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