Investors can use a Demat Account to hold shares and securities in digital or electronic format. The meaning of a Demat account is a Dematerialized Account.
A Demat Account, also known as a Dematerialised Account, is an electronic account that allows investors to keep shares and assets in a digital format. Shares are purchased and held in a Demat Account during online trading, allowing users to trade quickly and easily. This account facilitates and allows investors to hold all the investments that he/she makes in stocks, government securities, exchange-traded funds, bonds, and mutual funds.
Learn how to Open Demat Account: https://stockdaddy.in/blog/how-to-open-demat-account
