One of the great features of Blogger is the ability to convert your blogger blog say http://freeblog.blogspot.com to www.myblog.com. Most people consider that a blog which uses a custom URL seems more Professional than one which is hosted on a sub-domain.
Here is a simple video about how to conver your blogger blog into a Website (Custom Domain)
Marketcalls.in is a blogger’s blog converted into domain at a cost of Rs100. Even now .in and .co.in domains are still under promotional offer at Rs 100. And an annual renewal of Rs 700/year But .com domains cost you only Rs 400/year. And I had my domain registration at Square Brothers .