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Today, we will learn how to add watermarks to documents using PDF Exchange Editor. Watermarks are useful for protecting documents from unauthorized use and indicating ownership. They can be added in text or image format. To add a watermark, go to the organize tab, click on the watermarks drop-down menu, and then click add. You can choose to use an image file or custom text for the watermark. You can customize the text, font, alignment, and use macros to create the watermark.