Why You Need a Demat Account for Easy Trading A Demat account is essential for holding shares and securities in electronic form. It makes trading easy and convenient. Every Demat account comes with a unique identifier called BO ID, full form "Beneficial Owner Identification Number." This number helps track your investments securely. With a Demat account, buying, selling, and managing your stocks becomes hassle-free. It’s the gateway to smooth stock market transactions! https://almondztrade.com/knowledge-center/demat/what-is-bo-id-understanding-beneficiary-owner-identification