This operation is one of the most simple. In order to merge several files you need to add them to the scene and set time when each file will appear so that appearance of files is arranged one by one. For this purpose place the objects on timeline the way that one begins when another ends.

You can achieve the same result using "Set blocks order" button. If you mark these objects on a timeline and click this button, you will automatically place objects sequentially one by one. If you need to set interval between the marked blocks, click "Set order with offset". You may set object position by cursor position clicking "Move blocks to cursor position" and "Align blocks by cursor position".

You may also set time of object appearance manually using object properties. For instance if duration of the first object is 343 frames then we shall create scene with sequential objects by setting time of the second object equal to 343 frame.
After these actions both files will be merged in a result file during project export and will follow one the other.
Another method of merging several files is to use "Wizard". For more information refer to section "How to create slide-show: make sequential change of videos or images".
When you drag and drop multiple videos simultaneously, the video editor places them sequentially on the same track by default.
To change the position of an already added clip on the timeline, simply hold down the left mouse button and drag it to the desired track.
When you add a new file to a scene that already contains video, the "Object position settings" window will appear. For placement selection pay attention to the "Layer position" section:
The video files will be joined directly, without any transitions. This means the end of the first clip will be immediately followed by the beginning of the next one.
After you have arranged the clips sequentially on the timeline, you can proceed to set up the transitions between them.
The simplest way to create a transition is as follows:
More detailed information about applying transitions and their types can be found at the link: https://www.videosoftdev.com/how-to-apply-transitions
Also, try the VSDC Premium Transitions: https://www.videosoftdev.com/v-store-catalog
No, the program does not balance the volume automatically. However, you can adjust the volume for each clip yourself. To do this, click on the video clip whose volume you want to change, go to the Properties window for that clip and find the "Volume Level" parameter. Set a suitable value for it.
The program cannot create a final file that would play back at different frame rates (FPS) simultaneously. All source videos will be converted to a single FPS value, which you select in the export settings when saving the finished project.
The final project will be converted to a single resolution that you set for the export. The smaller video (e.g., 720p) will be upscaled to the selected resolution, and the larger one (4K) will be downscaled.
It's important to remember: VSDC does not improve the quality of the source files. The key is to choose a final resolution that will minimize quality loss for all the files being merged.
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