Issue |
SHS Web Conf.
Volume 181, 2024
2023 International Conference on Digital Economy and Business Administration (ICDEBA 2023)
|
|
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Article Number | 02016 | |
Number of page(s) | 5 | |
Section | Financial Analysis and Stock Market Strategies | |
DOI | https://doi.org/10.1051/shsconf/202418102016 | |
Published online | 17 January 2024 |
Analysis of Cryptocurrency and Its Combination with Quantitative Transactions
UBS, Nottingham University Ningbo, 315100, Ningbo, China
* Corresponding author: biyzs21@nottingham.edu.cn
In recent years, with the rapid development of science and technology today (especially blockchain techniques), a special currency cryptocurrency (also relatively known as digital currencies) was born in 2008 and has received a lot of attention. On account of its special nature and intrinsic, a large amount of investors often combine digital currencies and quantitative trading to make profits and earn extra returns based on the concepts. With this in mind, this study mainly describes the definition of digital currency and its development process and compares digital currency with ordinary currency to highlight its advantages and disadvantages. Subsequently, this research introduces the combined application of digital currency and quantitative transaction in general with some of the backtesting results. According to the analysis, this paper puts forward suggestions on the existing problems of digital currency and promotes its further development in the future. Overall, these results shed light on guiding further exploration of quantitative strategy designs for cryptocurrency.
© The Authors, published by EDP Sciences, 2024
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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