How to remove the video logo from the clip?

The text added when cutting and showing the clip video is unnecessary. Can it be deleted as follows?

Model: iPhone XR

System: ios 12.4

Software: Clip: 2.6.0

1. Go to the homepage and click on the video draft with the text to be deleted.

2. Enter the video clip page and click the "Text" button in the toolbar below.

3. Click the "Text" button to display the module with added text in the video, as shown in the figure. Click and select the text you want to delete.

4. A "Delete" button will be displayed in the toolbar below. Click this button.

5. You can delete the selected added text, as shown. If you regret deleting it, you can also click the "Undo" button.

6. You can reply to the deleted text and cancel the deletion.