Flipup, 2022-2023

Flipup, 2022-2023

Redesigning a Cryptocurrency Trading Platform for Market Expansion

MY ROLE

Research, Conceptualisation, End-to-end Design, Devloper handoff

THE TEAM

2 designers, 2 project managers, 10+ engineers

TIMELINE

Sep 2023 - June 2024

Flipup

Flipup

Flipup

Flipup is Korean based Crypto Currency trading platform which is aiming for Turning crypto into an engaging, beginner-friendly experience through rewards and playful design.

Flipup is Korean based Crypto Currency trading platform which is aiming for Turning crypto into an engaging, beginner-friendly experience through rewards and playful design.

Flipup is Korean based Crypto Currency trading platform which is aiming for Turning crypto into an engaging, beginner-friendly experience through rewards and playful design.

As the sole designer, I collaborated with the product manager to define a project strategy that ensured technical feasibility and aligned with business objectives. I led the design from initial concept through to interactive prototypes.

As the sole designer, I collaborated with the product manager to define a project strategy that ensured technical feasibility and aligned with business objectives. I led the design from initial concept through to interactive prototypes.

As the sole designer, I collaborated with the product manager to define a project strategy that ensured technical feasibility and aligned with business objectives. I led the design from initial concept through to interactive prototypes.

THE TEAM

Myself
1 project manager
10+ engineers

TIMELINE

OCT 2022 - MAR 2023

Project Context

Why the redesign project was started?

In October 2022, we decided to launch a Korean Won(KRW) market through a partnership with traditional bank Kwangju Bank, targeting a March 2023 implementation. Since this timing presented a significant opportunity to completely overhaul our product and create strong market impact, we decided on a comprehensive redesign, including rebranding our current platform 'Hanbitco'

Project Context

Why the redesign project was started?

In October 2022, we decided to launch a Korean Won(KRW) market through a partnership with traditional bank Kwangju Bank, targeting a March 2023 implementation. Since this timing presented a significant opportunity to completely overhaul our product and create strong market impact, we decided on a comprehensive redesign, including rebranding our current platform 'Hanbitco'

Project Context

Why the redesign project was started?

In October 2022, we decided to launch a Korean Won(KRW) market through a partnership with traditional bank Kwangju Bank, targeting a March 2023 implementation. Since this timing presented a significant opportunity to completely overhaul our product and create strong market impact, we decided on a comprehensive redesign, including rebranding our current platform 'Hanbitco'

Project Context

Why the redesign project was started?

In October 2022, we decided to launch a Korean Won(KRW) market through a partnership with traditional bank Kwangju Bank, targeting a March 2023 implementation. Since this timing presented a significant opportunity to completely overhaul our product and create strong market impact, we decided on a comprehensive redesign, including rebranding our current platform 'Hanbitco'

September

October

November

December

March

2022

2023

Define Business Goals & Understand Users

Aligned with stakeholders on KRW launch and goals. Analyzed competitors and usability.

Shape Product Concept & Strategy

Collaborated with the PM to define the Flip feature as the core differentiator.

Rapid Ideation & Prototyping

Sketched concepts and built low-fidelity prototypes to explore and validate directions early.

Design high-fidelity UI

Designed high-fidelity UI and created the design system to ensure visual consistency and streamline developer collaboration.

Developer Handoff

Delivered final specs and collaborated with developers to ensure smooth, accurate implementation.

Estimated Launch 🚀

Business Goals

Suggest distinctive and user-friendly trading platform while building strong market presence

Business Goals

Suggest distinctive and user-friendly trading platform while building strong market presence

Business Goals

Suggest distinctive and user-friendly trading platform while building strong market presence

Business Goals

Suggest distinctive and user-friendly trading platform while building strong market presence

Market Dominance

User Experience Maturity

Competitive positioning matrix

1

Increase completion rate of core user journeys (Target: 90%)

1

Increase completion rate of core user journeys (Target: 90%)

1

Increase completion rate of core user journeys (Target: 90%)

As a later entrant in the market, Hanbitco faced the challenge of low brand awareness and needed to establish a distinctive presence among well-established competitors.

2

Acquire 240,000 new registered users by November 2023

2

Acquire 240,000 new registered users by November 2023

1

Acquire 240,000 new registered users by November 2023

Core trading features suffered from complicated and inefficient user flows, creating unnecessary friction in the user journey and hindering the platform's usability.

Research

Conducted interviewes with stake holders and surveyed 45 people, aged 20-50

We began by conducting interviews with stakeholders to gain deeper insight into the business goals and challenges. Following this, we surveyed internal employees (45 participants, ages 20-50) to gather feedback on the current platform.

Research

Conducted interviewes with stake holders and surveyed 45 people, aged 20-50

We began by conducting interviews with stakeholders to gain deeper insight into the business goals and challenges. Following this, we surveyed internal employees (45 participants, ages 20-50) to gather feedback on the current platform.

Research

Conducted interviewes with stake holders and surveyed 45 people, aged 20-50

We began by conducting interviews with stakeholders to gain deeper insight into the business goals and challenges. Following this, we surveyed internal employees (45 participants, ages 20-50) to gather feedback on the current platform.

Research

Conducted interviewes with stake holders and surveyed 45 people, aged 20-50

We began by conducting interviews with stakeholders to gain deeper insight into the business goals and challenges. Following this, we surveyed internal employees (45 participants, ages 20-50) to gather feedback on the current platform.

Before redesigned
Insights

Complex verification process → 67% user drop-off during registration

Complex verification process → 67% user drop-off during registration

Complex verification process → 67% user drop-off during registration

Inconsistent UI design → Reduced user trust and platform credibility

Inconsistent UI design → Reduced user trust and platform credibility

Inconsistent UI design → Reduced user trust and platform credibility

Inefficient trading flows → 45% abandonment rate on first trades

Inefficient trading flows → 45% abandonment rate on first trades

Inefficient trading flows → 45% abandonment rate on first trades

Late market entry against established competitors → Needed cost-effective reward system to maximize user acquisition ROI

Late market entry against established competitors → Needed cost-effective reward system to maximize user acquisition ROI

Late market entry against established competitors → Needed cost-effective reward system to maximize user acquisition ROI

Key Objectivites

Optimized User Journey & Engagement Strategy

Based on insights gathered from comprehensive stakeholder interviews and user surveys, we identified two critical focus areas to achieve our business goals:

Key Objectivites

Optimized User Journey & Engagement Strategy

Based on insights gathered from comprehensive stakeholder interviews and user surveys, we identified two critical focus areas to achieve our business goals:

Key Objectivites

Optimized User Journey & Engagement Strategy

Based on insights gathered from comprehensive stakeholder interviews and user surveys, we identified two critical focus areas to achieve our business goals:

Key Objectivites

Optimized User Journey & Engagement Strategy

Based on insights gathered from comprehensive stakeholder interviews and user surveys, we identified two critical focus areas to achieve our business goals:

Streamline Core Platform Access Flows

To boost trading activity and overall transaction volume, we aimed to optimize key user flows—including onboarding, trading and transfer—by reducing friction and improving usability across the platform.

Streamline Core Platform Access Flows

To boost trading activity and overall transaction volume, we aimed to optimize key user flows—including onboarding, trading and transfer—by reducing friction and improving usability across the platform.

Streamline Core Platform Access Flows

To boost trading activity and overall transaction volume, we aimed to optimize key user flows—including onboarding, trading and transfer—by reducing friction and improving usability across the platform.

Create Impactful Reward Features and Design

As a late entrant in the Korean crypto exchange market, Flipup needed to build brand presence and attract new users. We aimed to differentiate the platform through reward-based features that effectively utilize our marketing budget and engaging visual design to appeal to beginners.

Create Impactful Reward Features and Design

As a late entrant in the Korean crypto exchange market, Flipup needed to build brand presence and attract new users. We aimed to differentiate the platform through reward-based features that effectively utilize our marketing budget and engaging visual design to appeal to beginners.

Create Impactful Reward Features and Design

As a late entrant in the Korean crypto exchange market, Flipup needed to build brand presence and attract new users. We aimed to differentiate the platform through reward-based features that effectively utilize our marketing budget and engaging visual design to appeal to beginners.

How might we create seamless user experiences and engaging reward systems that attract crypto beginners to our platform?

How might we create seamless user experiences and engaging reward systems that attract crypto beginners to our platform?

Implemented User Flow

Restructuring Critical Access Flows for Compliance & Usability

As the sole designer, I collaborated closely with the product manager, compliance team, and engineers to redesign flows that balanced regulatory requirements with user experience. The redesigned flows eliminated previous friction points while meeting all regulatory requirements, creating a foundation for improved user completion rates and platform accessibility

Implemented User Flow

Restructuring Critical Access Flows for Compliance & Usability

As the sole designer, I collaborated closely with the product manager, compliance team, and engineers to redesign flows that balanced regulatory requirements with user experience. The redesigned flows eliminated previous friction points while meeting all regulatory requirements, creating a foundation for improved user completion rates and platform accessibility

Implemented User Flow

Restructuring Critical Access Flows for Compliance & Usability

As the sole designer, I collaborated closely with the product manager, compliance team, and engineers to redesign flows that balanced regulatory requirements with user experience. The redesigned flows eliminated previous friction points while meeting all regulatory requirements, creating a foundation for improved user completion rates and platform accessibility

Implemented User Flow

Restructuring Critical Access Flows for Compliance & Usability

As the sole designer, I collaborated closely with the product manager, compliance team, and engineers to redesign flows that balanced regulatory requirements with user experience. The redesigned flows eliminated previous friction points while meeting all regulatory requirements, creating a foundation for improved user completion rates and platform accessibility

Trade less than 1 million KRW

Less than 1 million KRW

Start

Start

KYC Verification Required

Email Verification

Email Verification

Password setting

Password setting

Security setting

(PIN)

Security setting

(PIN)

Biometric authentication setting

Trade and Transfer Available

Pending: Trade and Transfer Unavailable

Onboarding Flow to Access Trading and Transfer

Before Redesigned

After Redesigned

Withdrawal less than 1 million KRW

More than 1 million KRW

Start

Start

Withdrawal Address Registration Required

Input recipient details & Amount

Add Amount

Input recipient address

Withdrawal Address Registration

Google Authenticator Registeration

Set up Authentication with KakaoTalk / Naver(Platform)

Coin Withdrawal Flow

Before Redesigned

After Redesigned

End

End

A.Input new Address

B.Select Registered Address

Ideation

Building an Impactful 'Hook' Reward System

I conceptualized the "Flip (Reward) System" - inspired by coin flipping - as our signature differentiator. This gamified reward experience became both our core engagement feature and the foundation for rebranding from "Hanbitco" to "Flipup," creating a cohesive brand story around the concept of "flipping" for rewards.

Ideation

Building an Impactful 'Hook' Reward System

I conceptualized the "Flip (Reward) System" - inspired by coin flipping - as our signature differentiator. This gamified reward experience became both our core engagement feature and the foundation for rebranding from "Hanbitco" to "Flipup," creating a cohesive brand story around the concept of "flipping" for rewards.

Ideation

Building an Impactful 'Hook' Reward System

I conceptualized the "Flip (Reward) System" - inspired by coin flipping - as our signature differentiator. This gamified reward experience became both our core engagement feature and the foundation for rebranding from "Hanbitco" to "Flipup," creating a cohesive brand story around the concept of "flipping" for rewards.

Ideation

Building an Impactful 'Hook' Reward System

I conceptualized the "Flip (Reward) System" - inspired by coin flipping - as our signature differentiator. This gamified reward experience became both our core engagement feature and the foundation for rebranding from "Hanbitco" to "Flipup," creating a cohesive brand story around the concept of "flipping" for rewards.

Select & Complete Missions

Receive Reward cards(Flip)

Sign up completed

-KYC Verification

-Register Kwangju bank account

-Deposit KRW

-Buy Coin

-Invite Friends

Claim a single Reward

Claim all Reward

Flip(Reward) system

Final Design

Design Solutions & Implementation

Final Design

Design Solutions & Implementation

Final Design

Design Solutions & Implementation

Final Design

Design Solutions & Implementation

Streamline Core Platform Access Flows

Streamline Core Platform Access Flows

Streamline Core Platform Access Flows

Onboarding flow to Access Trading & Transfer

Start

Email Verification

Password setting

Security setting

(PIN)

End
(Trade & Transfer Available)

Biometric authentication setting

KYC Verification Required

Seamless Onboarding Experience

An intuitive onboarding experience featuring auto-activated fields, streamlined verification, and biometric authentication for easy re-entry. The redesigned flow eliminates unnecessary friction points while maintaining security standards, enabling users to access trading features quickly and confidently.

Seamless Onboarding Experience

An intuitive onboarding experience featuring auto-activated fields, streamlined verification, and biometric authentication for easy re-entry. The redesigned flow eliminates unnecessary friction points while maintaining security standards, enabling users to access trading features quickly and confidently.

Seamless Onboarding Experience

An intuitive onboarding experience featuring auto-activated fields, streamlined verification, and biometric authentication for easy re-entry. The redesigned flow eliminates unnecessary friction points while maintaining security standards, enabling users to access trading features quickly and confidently.

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

Compliance-Driven Transfer Flow

Start

End

End

Input recipient address

Input Amount

Withdrawal less than 1 million KRW

Withdrawal More than 1 million KRW

A.Input new Address

B.Select Registered Address

A withdrawal system that meets Korea's anti-money laundering regulations by requiring address registration for amounts over 1 million KRW, while smaller transactions proceed with 2FA only. This tiered approach balances strict compliance requirements with user experience optimization.

The platform's outdated and inconsistent design across web and mobile applications undermined user trust and brand credibility. The lack of visual coherence failed to convey the professional and reliable image essential for a financial platform.

Create Impactful Reward Features and Design

Create Impactful Reward Features and Design

Create Impactful Reward Features and Design

As a late entrant in the Korean crypto exchange market, Flipup needed to build brand presence and attract new users. We aimed to differentiate the platform through reward-based features that effectively utilize our marketing budget and engaging visual design to appeal to beginners.

Flip-up Flow

Start

End

End

Input recipient address

Input Amount

Withdrawal less than 1 million KRW

Withdrawal More than 1 million KRW

A.Input new Address

B.Select Registered Address

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

Streamlined Crypto Trade

A step-by-step flow that minimizes errors and cognitive load, while ensuring users feel in control. The structured progression creates a smooth and trustworthy trading experience.

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