Thanks for responding,
It's a managed server in terms of security etc, but I have to set up whm and all that by myself without any help from them 
I know about dns, a records etc. So when I configure the namservers for mydomain.com in WHM I don't have to specify any ip addresses?
Are the IP Addresses only needed to be entered for my domain in the registrar?
I was given 5 ips, can I arbitrarily choose any two of them to use for the namservers (I've binded all 5 to whm).
Basically what I'm saying is what do I have to do with WHM to set it properly, I understand that I have to set up the domain with my registrar:
Code:
ns1.mydomain.com --> 123.123.123.1
ns2.mydomain.com --> 123.123.123.2
So in WHM, what do I have to do to get it to work properly once I've set up the domain with two of the ip addresses?
I'm not a stranger to dns settings with domains etc, but this is confusing me. What's the process exactly - I need to specify 2 ips for the domain on the registrar, and then come back to WHM and add the ips or something? I already set it up but I used 1 ip for both namservers during the initial wizard and I can't figure out how to go back and correct it.