Step 1: Go to the Youtube video that you want to embed
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Step 2: Click the Share button at the bottom of the video
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Step 3: Click the embed button that appears after you click the share button
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Step 4: Click the copy button to copy the embedding script to your computer
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Step 5: Go to your webpage and paste the script into the webpage editor in between the <body> and </body> tags
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That's it! Here's the video I embedded.