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Today's tutorial by Sean from Tracker Software explores the importance of adding watermarks to documents for various purposes. Watermarks serve to protect documents from unauthorized use and indicate ownership, deterring counterfeiting. In PDF Exchange Editor, watermarks can be added in either text or image form by navigating to the Organize tab and selecting the Watermarks dropdown menu. Users can customize their watermark by choosing between an image file or inputting custom text, adjusting font, alignment, and using macros for added personalization.