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Today, we will learn how to add watermarks to documents using PDF Exchange Editor. Watermarks can protect documents and indicate ownership. They can be added in text or image format. To add a watermark, go to the organize tab, click on the watermarks dropdown menu, and select add. In the dialog box, choose an image file or custom text for the watermark. You can customize the text, font, alignment, and use macros to personalize the watermark.