Explain swatches palettes in Adobe Photoshop?

Submitted by: Muhammad
Photoshop provides two palettes for selecting color, a) Swatch Palettes b) Color Palettes. Some specific colors can be used without remembering the numeric color values. Also, colors can be extracted from an available image. Default swatches and custom swatches are also an additional option for the users.
Submitted by: Muhammad

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