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Today, we will be looking at how to add watermarks to documents using PDF Exchange Editor. Watermarks are important for protecting documents and showing ownership. They can be added in text or image format. To add a watermark, go to the Organize tab, click on Watermarks, and then Add. You can choose between using an image file or custom text for the watermark. You can also customize the font, alignment, and use macros for the watermark.