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Full Guide to Successful Cryptocurrency Software Design

Full Guide to Successful Cryptocurrency Software Design

Design
Reading time:
21 min
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1558
Published:
12.07.2024

It's widely acknowledged that software design significantly influences its perceived credibility. Users prefer solutions that present themselves with polished, professional, and swift-loading web pages.

These characteristics hold significant weight for blockchain ventures endeavoring to cultivate trust within the broader audience. Considering the inherently complex nature of blockchain technology, the success of your cryptocurrency project hinges greatly on offering a user experience (UX) and user interface (UI) that prioritizes customer needs.

Having amassed considerable experience as a reputable web design agency, we've crafted many exceptional crypto software designs. Prepared by our skilled specialists, this article aims to elucidate the best practices in blockchain software design.

The importance of design in blockchain solutions

Cryptocurrency software refers to the suite of digital tools and protocols that enable the creation, management, and transfer of digital currencies. It encompasses various components like wallets, mining software, and exchange platforms, facilitating transactions and ensuring the integrity of the decentralized ledger system. 

Blockchain, on the other hand, serves as the underlying technology powering cryptocurrencies. It's a distributed and immutable network. It records all transactions across different computers, ensuring transparency, security, and decentralization. 

It's crucial to acknowledge that blockchain technology still lacks user-friendliness. For instance, many individuals find it challenging to purchase cryptocurrencies for the first time. This is why it is so essential to apply the best practices of blockchain UI UX to create a smooth and clear design of cryptocurrency software that will attract users. You should ensure a simple and convenient user journey to stay competitive with your solution. 

Let’s see how UX and UI differ to understand better the design principles and best practices we will mention below.

User experienceUser interface
DefinitionThe overall functionality and purpose of the software or toolThe structure and layout of elements that users interact with to accomplish tasks
FocusThe full experience, from the user’s first contact to the lastVisual touchpoints that enable users to interact with the solution
PurposeCreating structural solutions for pain points that users face anywhere along their journey with the solutionCombinations of typography, colors, buttons, animations, images
ResultsProducts that satisfied users with their effectivenessProjects that delight people aesthetically

Now, we will explore the profound importance of the Web3 UX and UI design in the success of blockchain solutions:

Simplifying the complex

Blockchain technology, with its decentralized architectures and cryptographic underpinnings, inherently embodies complexity. Effective UX/UI design illuminates pathways through this complexity for end-users. It ensures that even those less versed in technical intricacies can seamlessly interact with blockchain solutions.

For newcomers to the Web3 field, wallets are often their initial encounter. Hence, it's crucial to design a crypto wallet with beginner-friendly interfaces. Solving the complexity of wallet addresses is equally vital, as they often pose a hurdle with their alphanumeric format.

A notable example is MetaMask, a widely-used wallet, which simplifies the process by enabling users to copy their wallet address with a single tap from the home screen. So, users don’t need to memorize or write down their wallet addresses.

Building trust and transparency

User trust is the key to the widespread adoption of blockchain solutions. Intuitively crafted interfaces instill confidence, assuring users of the security of their transactions and the safeguarding of their data. By prioritizing blockchain UI UX design, Web3 solutions can nurture trust, fostering a greater embrace of the technology.

The near-instantaneous speeds of Web2 have heightened our expectations for swift interactions, rendering delays frustrating for users. Incorporating links for users to track their transactions on blockchain explorers like EtherScan or BSCscan can offer transparency, alleviating concerns about transaction progress.

Uniswap exemplifies this approach effectively. The decentralized exchange enables users to monitor their transaction status post-swap and encourages them to verify progress on platforms like Etherscan.

Facilitating accessibility

Facilitating accessibility
Blockchain's transformative potential covers diverse industries, from finance and healthcare to supply chain management. Yet, its impact can only reach its high if it is accessible to a broad spectrum of users. UX/UI design with top accessibility ensures inclusivity, making blockchain solutions usable for all, irrespective of their technical background.

In today's digital landscape, users demand swift loading times, particularly those capitalizing on real-time price shifts in the crypto market. Thus, rapid load speed is a key aspect of optimal UX blockchain design. Furthermore, beyond enhancing user experience, expedited load times confer another advantage: improved Google search rankings. Search engines prioritize websites with exceptional performance, expanding your crypto website's visibility to a wider audience.

Moreover, in our mobile-centric era, it's imperative to ensure seamless functionality across all devices, emphasizing the importance of mobile compatibility for your solution.

Fuelling innovation

User-centric design principles act as catalysts for innovation within blockchain solutions. By intimately engaging with users throughout the design journey and iterating based on their feedback, UX/UI designers unearth novel ways to address user needs. They create more seamless working and modern interfaces that engage users with great design and functionality. This iterative process expands the boundaries of blockchain technology, enabling the creation of more innovative and impactful solutions.

Best practices for more user-centric blockchain UX design

The decentralized structure of blockchain and its intricate terminology often lead to interfaces that are challenging to navigate. However, by prioritizing user-centered design principles, designers can mitigate these issues. Here's how to enhance the user experience for blockchain technology:

Engage with the audience

A UX designer is thoroughly familiar with your product. Yet, what's intuitive to one person may not be so for others. Therefore, it's vital to gather diverse perspectives and feedback.
Different blockchain applications serve distinct user groups, whether investors, experts, or casual users. Understanding the target audience's behaviors and needs is crucial.

After gathering insights through surveys, interviews, and usability tests, analyze the data. Strive to create a fluid and enjoyable UX that inspires confidence in your blockchain application.

Begin by gaining deep insights into the diverse user base of cryptocurrency software. Whether they are traders, investors, or enthusiasts, understanding their behaviors, requirements, and pain points is crucial. Conduct thorough research and user testing to inform your blockchain UX design decisions.

Streamlined and consistent interfaces

Although blockchain tech is complex, the user experience needn't be. UI should facilitate a seamless journey. To achieve this, ensure every screen, element, and interaction feels cohesive. Consistency extends beyond appearance; it encompasses functionality too. Controls and labels should maintain uniformity across the platform.

For a compelling UX, prioritize a simple and uncluttered interface. Begin by highlighting essential components and actions users frequently engage with.

Employing familiar design patterns is key to enhancing UX for blockchain platforms. Leveraging established conventions reduces the learning curve and enhances the user experience. Consistency in color schemes, typography, and iconography reinforces brand identity and makes the UI more intuitive.

Streamline onboarding

In blockchain, users often encounter daunting technical intricacies. Hence, onboarding is a critical initial interaction. UX best practices advocate for straightforward registration and login processes. Users should feel guided and informed. Consider using tooltips or walkthroughs to simplify complex processes. Replace technical jargon with plain language to communicate effectively.

Prioritize security without lowering usability

Despite inherent security measures, crypto apps can be vulnerable if user actions are careless. Thus, the design of the UX blockchain solutions should bolster security and trust. Security is paramount in cryptocurrency software, but it shouldn't come at the expense of usability. Strike a balance by implementing robust security measures such as encryption and two-factor authentication while ensuring that they integrate seamlessly into the user experience.

Ensure users are informed about security features and protocols through visual cues like lock icons or color changes. Displaying transaction confirmations visually builds confidence in the platform.

Inform users about the product

Lastly, it's crucial to enlighten users about your product. Transparency is vital to building trust in cryptocurrency software. By employing superior UX design and crafting intuitive blockchain interfaces, you can effectively engage with your target audience and garner the visibility your product deserves. A refined UX design is indispensable for fostering a sense of trust and connection between users and developers. 

The most effective method of educating users about your product involves furnishing them with comprehensive insights into how the interfaces function. Presenting this information in innovative ways serves as another avenue for educating users about your product, thus nurturing user trust. Provide users with clear, complex information about fees, transaction statuses, and security measures. Design interfaces that make it easy for people to verify the integrity of their transactions and account balances.

Iterate based on user feedback

Cryptocurrency software is constantly evolving, and so should your blockchain UX UI design. Collect feedback from users through analytics, surveys, and support channels, and use it to iterate and improve your design iteratively. By staying responsive to user needs, you can ensure that your cryptocurrency software remains user-friendly and competitive in the market.

Best practices for blockchain UI design

Crafting a visually attractive and intuitive interface is paramount for any successful blockchain application. Let's discover some key design best practices that can improve your blockchain user interface:

Make complex processes easier

Cryptocurrency transactions can be intricate, but your UI should simplify them. Streamline the user journey by breaking down complex processes into digestible stages. Use clear language and intuitive design elements to guide users through tasks like wallet management, trading, and asset tracking.

Maintain proportion

The principle of proportion involves using relative size to convey importance and hierarchy within a composition. It entails selecting the optimal size for icons and fonts in website or application designs to achieve visual harmony.

Consider visual hierarchy

The right visual hierarchy guides users' attention through a design by prioritizing elements based on their significance. This can be accomplished through scale, color, spacing, and placement adjustments, allowing for effective user experience delivery.

Achieve balance

It is achieved when visual elements are evenly distributed around an imaginary axis. If design elements of vastly different sizes are placed on opposing sides of the axis, imbalance, akin to unevenly distributed weight, can occur. This will result in a disjointed user experience.

Emphasize with contrast

Divergence introduces creative representations and emphasizes the importance of contrast within designs. This may manifest through variations in color or the use of contrasting images to enhance visual impact.

Leverage gestalt principles

These principles elucidate our tendency to perceive wholes rather than individual elements. These principles encompass concepts such as similarity, continuation, proximity, common region, and symmetry, shaping users' holistic perception of a design.

Examples of intersecting UI/UX design and blockchain

The burgeoning world of blockchain technology presents a unique challenge and opportunity for UI/UX designers. In this section, we explore captivating examples of how blockchain and user-centered design converge to create innovative and secure user experiences:

Transparent transaction records

Issue: Conventional financial systems often lack transparency, leaving users uninformed about their transaction statuses and details.

Resolution: Blockchain UX UI designers have the opportunity to craft intuitive dashboards showcasing comprehensive transaction records. Leveraging blockchain's decentralized nature, users can track each transaction, guaranteeing a transparent and easily accessible log of their financial engagements. This fosters trust by granting users insight into the complete transaction lifecycle.

Protected crypto wallets

Issue: Concerns over security plague cryptocurrency wallets, with risks of unauthorized access and fraudulent activities.

Resolution: UI and UX designers can integrate multi-layered authentication processes and visually highlight the wallet's security features. Intuitive design aids users in establishing robust passwords, activating two-factor authentication, and comprehending encryption measures. Clear visual indicators reassure users of the safeguarding of their digital assets.

Simplified key management

Issue: Non-technical users find cryptographic key management daunting and complex.

Resolution: Designers can streamline key management through well-crafted interfaces. Implementing secure key recovery options, offering straightforward guides on key backup procedures, and incorporating biometric authentication enhance security. A user-centric approach to key management ensures users retain asset control without compromising security.

We have mentioned just a few cases of issues with blockchain technology and how a blockchain UI UX designer can help solve them.

Top crypto web designs for inspiration

Upon a cursory examination of numerous crypto web solutions, it becomes evident that usability isn’t always guaranteed. Many crypto projects overlook UX and UI, placing their trust in software engineers rather than in a blockchain UI UX designer. They hope that users will navigate the platforms independently.

However, not all crypto web projects are created equal. We've handpicked a selection of standout examples renowned for their user-friendliness, serving as sources of inspiration for your endeavors:

Coinbase

It is an online platform that facilitates cryptocurrency transactions and boasts a clean and organized UI characterized by a concise color palette and ample negative space. Its large typography and adherence to UX writing best practices contribute to a professional and visually pleasing interface.

Kraken

This well-established cryptocurrency exchange platform shares similarities with Coinbase in terms of UI, featuring a light color scheme and intuitive navigation. Its user-friendly approach caters to both novices and experienced traders, offering a range of features from futures trading to over-the-counter (OTC) desks.

MetaMask

A popular cryptocurrency hot wallet that stands out for its clean and uncluttered UI, complemented by a toggle for light and dark modes. The platform's intuitive navigation and straightforward setup process make it accessible to users of all levels, while its support for a variety of cryptocurrencies enhances its appeal.

OpenSea

As the leading NFT (non-fungible token) marketplace, OpenSea boasts a visually engaging UI with dynamic color schemes and motion graphics showcasing popular NFT collections. Its user-friendly features enable seamless minting, buying, and selling of non-fungible tokens, catering to both creators and collectors.

In addition to advanced functionalities, these websites prioritize conversion-driven crypto design principles, setting them apart in the competitive crypto landscape. Let’s delve into how you can achieve similar success with your designs.

Crucial aspects of top UI crypto solution design

An effective cryptocurrency website design not only conveys professionalism but also fosters trust among new visitors. It should integrate helpful features that enhance user experience while considering elements such as color choice, typography, calls to action, website features, and contact information.

Color palette

Color selection is crucial in design, and crypto design is no different. As a general guideline, limit your color palette to three hues: a primary color and two secondary colors to highlight key information. We suggest deriving your palette, especially the primary color, from your logo's colors. If that's not feasible, consider your specific use case. 

For example, if you're developing a wallet for novice crypto users, opt for a color scheme akin to popular online banking platforms - familiarity breeds trust and security. Additionally, leverage the versatility of light and dark themes. 

Many prominent crypto platforms offer users the option to switch between modes. Typically, a dark theme complements graphics-rich platforms, such as NFT marketplaces. Conversely, a light theme may be more suitable if your solution predominantly features text and targets crypto beginners or older demographics.

The color palette sets the tone and conveys the brand's message, which is vital in establishing brand identity. Dark hues evoke a sleek and modern feel, while white backgrounds exude cleanliness and professionalism. You can also balance cool and warm colors to ensure a harmonious color scheme that resonates with visitors.

Typography

By encompassing text size, style, spacing, and font, typography significantly impacts readability and contributes to the brand's tone. Implementing appropriate white space and font sizes enhances readability, with 11-point font sizes being optimal. Selecting between sans serif and serif fonts depends on the desired tone and elegance of the brand.

Clear calls to action

They guide visitors to take the next step, whether it's creating an account, downloading an app, or learning more. Clear and concise calls to action strategically placed throughout the website improve effectiveness and encourage conversions. Variations in calls to action, such as learning more about the brand or signing up for a crypto app, cater to diverse visitor needs.

Website features

Including essential statistics, crypto exchange prices, and helpful tools enriches the user experience and provides value to visitors. Live updating cryptocurrency market statistics and animated statistics capture attention and engage visitors, while reviews and endorsements instill confidence and credibility in the brand.

Contact information

Providing contact information is crucial for facilitating communication between visitors and the brand. Contact forms on every page and a dedicated contact page offer convenient channels for visitors to voice opinions and ask questions. Displaying official contact information prominently, such as in the footer of the website, enhances accessibility and encourages engagement.

Incorporating these elements into cryptocurrency web design not only enhances aesthetics but also cultivates trust and encourages meaningful interactions with visitors.

Blockchain UI and UX challenges

There are some challenges confronting UX/UI designers when crafting a blockchain platform. Below, we delve into the most common hurdles:

Complex onboarding

The onboarding process serves as users' initial encounter, shaping their perception of the platform. Simplify education through progressive disclosure, gradually introducing concepts and features to prevent overwhelming users.

Technical terminology

Over-reliance on crypto jargon can alienate users with varying levels of technical expertise. Ensure inclusivity by fostering transparent communication, demystifying complex terms to instill user confidence.

Scalability and performance

A subpar UX can manifest in poor platform performance. Streamline interfaces, prioritizing essential functions to mitigate delays and enhance user experience. Regularly monitor network metrics to identify areas for optimization.

Security and usability

Balancing security and usability poses a significant challenge. Educate users on security measures while ensuring intuitive interfaces guide them seamlessly. Provide contextual help and clear explanations to enhance user understanding.

Shortage of experienced designers

The nascent field of blockchain UX design faces a scarcity of skilled professionals. Bridging this gap requires designers who are well-versed in both UX principles and blockchain technology, a combination in high demand.

Peiko can boast a team of seasoned professionals adept at designing decentralized finance (DeFi) and non-fungible platforms, and more. Explore our latest projects in our blog for insights into our expertise.

Peiko’s approach to the design of intricate systems like blockchain

We've outlined four guiding principles crucial for our organization's blockchain application design:

1. Transparency

Transitioning from traditional systems to blockchain can unsettle users, particularly with substantial assets involved. Users need visibility into blockchain's inner workings to foster trust. Thus, we prioritize illustrating how blockchain enhances processes, such as showcasing data visibility and audit trails.
How we use this principle:

  • Add interactive timelines demonstrating entity transformations;
  • Provide summarized blockchain insights;
  • Create interactive dashboards offering comprehensive views of processes and assets.

2. Uniformity via design systems

Given the diverse entities within supply chains, maintaining visual consistency is paramount. Our meticulous visual design system ensures coherence, simplifying user tasks without overwhelming them. A harmonized design fosters user comfort, easing adoption, crucial for novel technologies like blockchain.
Our application:

  • Apply UI kit in Figma with the latest features for a unified design system that helps us to work more efficiently;
  • Use visual coding to denote entities and statuses;
  • Utilize reusable interaction models for core functions.

3. Effective communication

Blockchain applications may differ significantly from conventional tech solutions. We cater to a diverse user base, from crypto experts to those with basic understanding. 
How we leverage this principle:

  • Embrace a global user perspective throughout the blockchain design process;
  • Craft clear user personas considering their expertise and engagement levels;
  • Prioritize efficiency in action execution for users.

4. Upholding trust

Handling sensitive data demands unwavering user trust. Our applications prioritize reliability, trustworthiness, and stability through transparent data exposure, consistent feedback, and proactive guidance. This instills user confidence in every interaction.
Examples of how we apply this principle:

  • Provide clear feedback to users, especially in financial trading apps;
  • Integrate onboarding seamlessly into blockchain products;
  • Maintain a robust, up-to-date security model that is communicated across the team.

As the Peiko team provides top blockchain development services and creates solutions that engage users, our team diligently strives to leave a lasting impression. We use top-notch UI and UX research blockchain practices to build a seamless and captivating user journey from inception to completion.

The Peiko team has vast experience creating modern and user-friendly blockchain solutions. We are proud to present one of our design-focused case studies for the Quan2um mobile application. Quan2um, a cryptocurrency exchange platform, approached Peiko to create an easy-to-use and accessible mobile app for buying, selling, and managing Bitcoin, Bitcoin Additional, and various altcoins.

Recognizing the growing trend of mobile-based transactions, Peiko prioritized a mobile-first design approach. This meant crafting an interface that was not only visually appealing but also intuitive and convenient to navigate on a smartphone screen.

The design team at Peiko struck a crucial balance between modern aesthetics and clear functionality. The app boasts a visually modern design language yet maintains a user-friendly layout with intuitive features. This ensures a seamless user experience for both seasoned crypto enthusiasts and newcomers alike.

Conclusion: create outstanding UX/UI

Web3's future hinges on user experience, not just hype. While the tech is undeniably exciting, companies building the blockchain project can't afford to neglect UI/UX and broader education initiatives. The key to mass adoption is engaging users, not just having a solid tech side. There are many blockchain solutions on the market, but a considerable part of them are challenging to use and have mediocre and sometimes very complex interfaces. 

Professional UX/UI designers prioritize user-centric design and bridge the knowledge gap to make crypto genuinely inclusive. Need an outstanding design for your crypto solution? Peiko is a trusted cryptocurrency software design services provider with years of experience and a vast portfolio of successful projects. Contact us to discuss your vision and make your product user-friendly today!

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Maksym Privalov
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