PSD: This is an Adobe proprietary format that is extensively used in Adobe products like as Photoshop, Lightroom, and Elements.
TIFF: You should save your image in this format if you wish to alter it several times without losing its information.
JPEG: This is a widely used file format that creates high-quality, manageable images that can be shared without the use of special software.
PNG: You can save your image in this format if it requires transparency, has to be reduced in size, or you don’t want to use it on the web.
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