1. Create a logo image with your website name and transparent background according to the dimensions.
Or edit the default logo image1).
2. Upload the newly-created image via Admin Area > Appearance > Customize > Theme Settings > the Logo image field.
For example, you need to change the logo image for the Friends theme.
To replace the mobile logo, go to Admin Area > Appearance > Customize Theme settings > Mobile and upload the image to the Mobile logo field.
Here are the default logo image dimensions:
Width: 186px
Height: 186px