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So,I can only seem to save my edited video in .prel
No other save file options come up,and that is not at all handy,because Youtube doesn't support .prel
If,and how would I be able to save/convert the video into a Youtube-supported file type?
prel files are the project where all the edits are saved. To make a video you you use "Export and Share".
Part 8 of my 8 part Basic Training for Premiere Elements tutorial series shows you how.
Premiere Elements, Basic Training Part 8 of 8 - YouTube