BoxExchanger Limited

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How to increase conversion on an exchange website

Added: December 24, 2025

ImageHow to increase conversion on an exchange website

The purpose of this article is to increase conversion on an exchange website through speed, convenience, and trust, because even small improvements have a measurable financial effect: Amazon linked a 100 ms delay to a 1% drop in sales, and Mobify recorded a 1.11% increase in conversion with a 100 ms speed increase.

For an exchange service, conversion is usually equal to the percentage of visitors who submit an application and bring the transaction to a ‘successful’ status. In GA4, conversion is based on an event marked as conversion, so measurement begins with the correct configuration of events and goals.

Analytics and diagnostics of current conversion

Start with a funnel map: website entry → selection of direction → form completion → confirmation → payment → completion. In the e-commerce market, the average basket abandonment rate is around 70.19%, and 18% of users stop the checkout process because it is too complicated. These figures help to calibrate expectations and look for growth points specifically in the ‘form/confirmation/payment’ steps.

Next, record basic metrics by segment: device, traffic source, destination, payment method. Globally, mobile devices account for about 60% of web traffic, so the mobile version and 4G speed should be on your checklist from day one.

For correct campaign attribution, use UTM parameters: they transfer source and campaign values to Analytics and simplify channel comparison.

Separately note micro-conversions: destination selection, amount entry, transition to the status page. These steps help identify drop-off points before payment and accelerate the improvement cycle.

Improving UX/UI to increase conversion

The first priority is to reduce friction in the application form. Baymard shows that the ideal checkout flow can consist of 12-14 elements, while the average flow in the US contains 23.48 elements by default. For an exchange service, this translates into a short form: amount, receiving details, sending details, contact information, and agreement to the terms and conditions.

A single quality criterion is useful for the product team: how to increase conversion on the exchange service website by reducing the number of fields, providing clear prompts, and displaying statuses on a single screen.

It is important to highlight the steps and statuses in the interface. BoxExchanger provides an order page with confirmation steps, payment, processing status, payment error, and successful completion — this reduces the percentage of ‘lost’ users during the waiting stage.

Separately check the validation of details: wallet format, card, phone, email. Automatic verification of entered data with regular expressions and prompts next to the field reduce the number of retries and support requests. In BoxExchanger, such validation is provided at the order level.

To increase website conversions, speed up key pages: the form, application page, status page. Walmart linked a 1-second speed increase to a 2% increase in conversions, and COOK saw a +7% increase after reducing load time by 0.85 seconds.

Additionally, keep Core Web Vitals in focus as real UX metrics: Google recommends achieving ‘good’ values for a consistent user experience and search success.

For mobile scenarios, keep controls within thumb reach and use autocomplete for repetitive values.

Increasing user trust

For financial transactions, trust has a greater impact on the outcome than the ‘beauty’ of the interface. Baymard found that 19% of users abandoned the checkout process when they had low trust in the site's payment data.

Therefore, add visible signs of security and procedures: 2FA, anti-fraud, AML/KYT, KYC as required by the destination. Microsoft research shows that MFA blocks more than 99.9% of account compromise attacks, and Google reported in its data that it blocked 100% of automated bots when using SMS codes and up to 90% of targeted attacks with on-device prompts.

Link the promise of security to a specific implementation: the BoxExchanger landing page displays security indicators (Google Authenticator, Cloudflare, PCI DSS, GDPR) and describes the levels of protection and AES-256 encryption. This block reduces uncertainty before entering credentials.

Social proof works when it is verifiable. Trustpilot writes that 87% of consumers consider advertisements more reliable when a trust mark is present. For an exchange, this means a block of reviews, links to an independent platform, and transparent moderation rules.

A clear structure helps with the payment steps: short rules, understandable limits, confirmation of the commission before sending funds, email notifications. Visa, citing Baymard, notes the potential for conversion growth of up to 35% when optimising checkout usability, so working with payment steps provides a high ROI.

Tools for increasing conversion rates

Online chat and quick responses reduce pauses when users are unsure. LiveChat reports that users who interact with chat before making a purchase have a conversion rate of 40%. Quick scenarios are appropriate for the service: ‘check application status,’ ‘question about details,’ ‘processing times.’

Automation reduces delays, and delays directly affect the completion of transactions. BoxExchanger supports working with orders without reloading the page, auto-updating reserves, auto-payments by modules, as well as auto-KYC via Kycaid, Sumsub, AMLBot — these features reduce the time between creating an application and the final status.

Add controllable restrictions that improve traffic quality: blacklisting by IP and entered data, manual verification via image upload, and logging of merchant and payment module errors. This reduces the proportion of disputed applications and saves support resources, turning them into processing speed.

Support stability with error and performance monitoring. Sentry estimates the cost of downtime at around £5,600 per minute, so alerts for payment module errors and speed degradation help protect revenue.

Content updates and SEO for organic traffic growth

SEO for the service is built around clear directions and pages in demand: ‘BTC → UAH exchange’, ‘USDT TRC20 → card’, ‘online currency conversion with AML verification’. BoxExchanger has meta tag settings and direction management, which simplifies the creation of landing pages for organic traffic.

Content increases conversion when it answers questions about limits, commissions, and terms, and the URL structure helps search engines process pages faster.

For each popular pair, create a separate destination page with unique fields and localised step-by-step instructions. BoxExchanger supports adding additional fields to the form and step-by-step instructions for the ordering process, which helps answer user questions right at the moment of checkout.

Optimisation of the exchange marketing funnel

The ‘monitoring’ channel and partner platforms generate high demand, so the focus shifts to the user journey after the click: loading speed, clarity of the exchange rate, predictability of commissions, transparent application status. BoxExchanger has exchange rate exports in XML/JSON/TXT formats for integration with monitoring services and customisable display settings for the website and Telegram bot.

To increase the conversion rate of the exchange website, use A/B testing on specific narrow hypotheses: calculator location, field order, prompts for details, confirmation format. In the VWO case study for e-commerce, changing the shopping cart increased the overall conversion rate from 1.83% to 1.96% in 36 days, meaning the effect appeared within a single experiment cycle.

Record tests in the backlog: hypothesis → metric → segment → success criterion. This approach is conversion optimisation in a practical sense: a system of small improvements that accumulate.

For sources with high purchase intent, exchange rate guarantees are useful. BoxExchanger provides floating rates and rate insurance, as well as the ability to set the expiry time for applications. This reduces disputes during volatility and keeps the user in the process until the end.

Move the Telegram channel for requests to a separate stream. BoxExchanger offers a Telegram bot where users can create and track requests, use an internal wallet, and participate in an affiliate programme. This channel provides additional conversion for audiences who prefer messengers.

Practical examples (case studies)

Case study 1: speed. Mobify recorded a +1.11% increase in conversion for every 100 ms of acceleration, while Walmart linked a 1-second acceleration to a +2% increase in conversion. For the service, this translates into prioritising the optimisation of the ‘form’ and ‘status’ pages .

Case 2: Form complexity. Baymard shows a gap between the ‘ideal’ flow of 12-14 elements and the average of 23.48. Reducing fields, autofill, clear prompts, and correct validation usually result in rapid growth in completed applications, especially on mobile.

Case 3: Trust and security. Microsoft estimates that MFA has the potential to block over 99.9% of attacks on accounts. For the service, this works in two ways: protecting the administrator's account and publicly demonstrating protection to the user.

Conclusion

Practice shows that conversion growth in an exchange almost always comes from three areas: speed, short form, and trust. For systematic work, form a weekly cycle: analytics → hypothesis → implementation → A/B testing → documentation of results.

If the goal is to improve the conversion rate of the exchange, start by measuring events in GA4, then reduce the form fields to a minimum, speed up key pages for mobile devices, and explicitly add security and transaction verification features.

The initial set of priorities includes: speeding up pages, reducing fields, clear application status, chat, and visible security features.

To understand how to increase the converter's conversion rate, focus on the ‘post-click’ stage: displaying the exchange rate, commissions, limits, and application status with clear step-by-step logic and notifications — this is where the percentage of completed transactions is formed.

The information presented in this article is for informational purposes only and does not constitute a guide to action, financial advice or investment advice. Cryptocurrency investments involve a high level of risk, and each investor should conduct their own analysis, assess their financial capabilities and consult with professional financial advisors before making investment decisions.

Frequently Asked Questions

Which events should you choose to measure?

The approach starts with business actions: ‘request created,’ ‘details confirmed,’ ‘payment received,’ ‘successful transaction.’ In GA4, each action can be formalised as an event, and anything related to revenue can be marked as a conversion.

Which trust elements have the greatest effect?

Users value clear security and verifiable reviews. Baymard attributes 19% of abandoned transactions to trust issues with payment details, so emphasising security and transparency increases transaction completion rates.

Where to start testing?

Initial hypotheses are usually in the form of an application: number of fields, input order, prompts, confirmation. It is more convenient to run tests one change per cycle and measure the effect on completed applications.

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