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Today, Sean from Tracker Software shows us how to add watermarks to documents using PDF Exchange Editor. Watermarks are versatile tools used to 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, and select add. You can choose between an image file or custom text for the watermark. Customize the text, font, and alignment options in the add watermark dialog box.