Monetary lending is a kind of financial service, which refers to lending monetary funds to obtain interest income or borrowing monetary funds to obtain liquidity. "Borrowing money" refers to borrowing funds from digital currency for investment or trading.

Digital currency's borrowing process is similar to the traditional currency, which can be carried out in the following ways:

1. Borrowing money from decentralized exchanges: Decentralized exchanges usually provide lending services, and users can use their digital assets as collateral to borrow the required digital currency. The borrower needs to pay a certain amount of interest and deposit, and at the same time, he needs to abide by the provisions in the loan contract.

2. Borrowing money from decentralized financial agreements: At present, many smart contract agreements in the DeFi ecosystem allow users to borrow digital assets outside decentralized exchanges. Users can deposit digital assets in smart contracts and then borrow other digital currency. The borrower needs to pay a certain amount of interest and deposit, and at the same time, he needs to abide by the provisions in the loan contract.

3. Borrowing money from the centralized exchange: The centralized exchange also provides digital currency loan service, and users can borrow digital currency by providing digital assets to the exchange as collateral. The borrower needs to pay a certain amount of interest and deposit, and at the same time, he needs to abide by the provisions in the loan contract.

Whether going to a centralized exchange or a centralized exchange, users should pay attention to the following points when lending digital currency:

1. The value of the collateral should be higher than the value of the borrowed digital currency to ensure that the risk is controlled.

2. The borrower needs to pay a certain amount of interest and deposit, which may fluctuate according to market conditions. Users need to carefully evaluate whether they can bear these expenses.

There are some clauses in the loan contract, such as loan term, interest rate, deposit, etc. Users need to read carefully and abide by the terms of the contract.

In short, borrowing money requires users to choose the appropriate exchange or agreement and read the terms of the loan contract carefully under the condition of ensuring that they can take risks.