A dedicated IP is a unique IP address, reserved, and assigned to the default port. This is not to be confused with a custom IP address (such as "play.mymc.io") or a dedicated / bare metal server. However, just like using a domain/subdomain IP a.k.a. "custom IP" (see how to set one of those up here), a dedicated IP is mostly useful for convenience.

For Pocket Edition servers, the port would be 19132 and, as this is the default port, players would not need to modify the port field upon connecting.
If this is something you feel would be beneficial to yourself and your players, you may opt to purchase a dedicated IP for an additional $2.50 USD per month through the checkout process or at any time upon request after purchase through our support team or through our legacy client area.

For Java Editions servers, the port would be 25565 and players may connect with our without the port attached to the server's IP address.
All of our Java Edition servers with 1GB of memory or higher automatically include a dedicated IP address at no additional cost to you.

Aside from making it easier to connect to the server, having a dedicated IP can also make setting up DNS records easier, configuring certain plugins easier, etc.

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