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Three ways to create electronic signatures are discussed in this video. The first method involves manually scanning your signature, removing the background, and pasting it into documents using Photoshop. This traditional approach remains popular and requires a pen, paper, and Photoshop. The speaker suggests signing the paper with large letters using a blue gel pen or black marker, testing various pens and sizes to choose the best signature, then scanning the paper at a high resolution for a quality image.