Dedicated IP is the unique IP address allotted to your domain name. By Purchasing a Dedicated IP, your website is the only one website that will be using that unique IP address on the internet. For example, if you typed http://76.275.198.88/ into your web browser address bar you would see a website comes up. This is their dedicated IP address and no one else’s. This is their unique address on the web that has been attached to the domain name.
Similarly you can also purchase a unique dedicated IP for your domain also. After purchasing dedicated IP, your website can be viewed by both methods i.e. By typing your domain name in the URL or by typing your dedicated IP in the URL. A Dedicated Hosting IP gives your hosting account and domain name a unique IP address, one that’s not shared by any other domain name on the same server.