You need to first provision your course for using Panopto.

Then, you need to click on your link you created and locate the video you'd like to share.

Click the Share button and copy the link from the pop-up page.

Now, go into a course where you'd like to insert the link into a content area.

Click Build Content and create an item or a blank page.

In the text editor, you can paste the link you got and when you hit Enter, the video should embed right into your page.

Type anything else you want and click Submit.

The video below details the steps for doing this.