I have a domain name hosted at godaddy which is pointed to my ip address, where I'm running the web server. I want to use my domain name email accounts. Do I need to install my own mail server or can godaddy handle all the trouble? Thanks!
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yes, godaddy can handle your domain email accounts already so you don't have to install your own mail server. it is probably the simplest way to go.
however, i have not been actively managing any godaddy domain for a couple of years so you need to read their latest documents and email their support if you have more questions.