Why would you save your file as a PSD format?
A Photoshop file or PSD is also referred to as a native file and the benefit of saving a PSD is that it will store all of your layers, even hidden ones, so that you may come back and edit them later. This allows for more freedom in editing your images at a future time.
Is PSD or PNG better?
You'll find that most online applications support PNGs, and they are commonly used for digital photographs as well as graphics. PSD files are similar to PNG files by supporting transparent layers. The main difference is that PSD files are editable in Adobe Photoshop, whereas PNG files are flat, compressed images.
What is a benefit of working in the PSD format?
PSD files are an important part of the design process, as they allow designers to save their work and make changes later on. They are also helpful for collaborating with other designers, as they can easily view and edit the file.