MoodleCloud is a cloud-based solution that allows you to create your own account and start building courses and working with students for free (for upto 50 users). MoodleCloud allows you to develop an unlimited number of courses and activities, so it makes a very nice sandbox. It's important to keep in mind that there are several companies that offer hosting for Moodle. What makes MoodleCloud different is the fact that it was developed by the makers of Moodle and always has the latest, most stable version.
The first step is to create a new account. Go to the https://moodlecloud.com/en/signup/chooseuser?plan=free and click on Create new account
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After you've created an account, you can choose a plan with MoodleCloud that accommodates the number of users you plan to have and how you'll need to organize your content. Keep in mind that with MoodleCloud, you have no limits with the number of courses you can develop...