Yes you can. Domain registered will be in money back period for 5 days from the date of registration. Domain name can be cancelled during this money back period. The domain name cancellation incurs charges and new domain name can be registered as fresh domain.
The domain name changes required on the hosting can be done by sending request mail to firstname.lastname@example.org. New domain name can be swapped with the old domain name and name servers needs to be updated for new domain.
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