> For the complete documentation index, see [llms.txt](https://docs.litedex.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.litedex.io/products-guide/borrowing.md).

# Borrowing

![](https://1169826231-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-Mfq-xr1Ba1zZ4TSvXC0%2F-Mk5BQ88a5yHakcEOF_L%2F-Mk5EiI7lPNYXffj1Eqf%2F17.%20BORROWING.svg?alt=media\&token=54114a58-466f-46b3-80ab-8070c60c2129)

**Borrowing** is a decentralized borrowing service that operates as a protocol without the need to do KYC, crypto holders can borrow and pledge their crypto to get double profit from the increase in the price of the borrowed coin and the collateralized coin.