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In this video tutorial, the presenter explains how to use the sign option in the fill and sign tool on DocHub. After choosing the fill and sign option, users can access the sign tool, which allows for adding signatures and initials. There are three methods for adding a signature: typing the name and selecting a preferred font style, drawing a signature, or uploading an image. Once a signature is added, it can be saved for future use, dragged and dropped onto the document, resized, and customized with color. The tutorial highlights the flexibility of the tool while noting the limited font styles available for typed signatures.