When you transfer a domain it means that you move it from one registrar to another. In this case it will be necessary to pay the renewal fee to the new registrar. A domain can be registered with another registrar but by modifing the nameservers it can be pointed to another hosting provider.
Also a domain can be registered with us but have the nameservers pointed to another hosting provider. For the domains that are registered with us the nameservers can be changed from the client portal if you follow the steps listed here.
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