What do you mean by self-hosted site?
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There are two versions of WordPress: WordPress.org and WordPress.com. A self-hosted WordPress site requires that you have purchased a domain name and paid a company to store your files and WordPress database. Your WordPress version is through WordPress.org but it’s typically available directly within your hosting account. With a self-hosted site, you can install any theme and plugin that you’d like. The security and maintenance of your site is maintained by you, someone you’ve hired, or through upgrades you’ve purchased with your hosting company.
WordPress.com is a commercial service that provides WordPress hosting and handles maintaining your site’s security and updates. You can create a WordPress site for free but some features that are typically available with WordPress are restricted. If you upgrade to their Business level plan, you can install third-party templates as well as free or commercial plugins.
Before deciding what version of WordPress works best for you, we recommend reading our comparison of WordPress.org and WordPress.org.
We recommend SiteGround for WordPress hosting where you can get started with a hosting package for $3.95/month. SiteGround provides free Let’s Encrypt certificate installation so your site will display HTTPS and browsing is more secure. It’s also the company we use to host this site.