Conversion? If there were one, it would be dangerous loosing data, if something went wrong.
Convenient? Depends on definition.
First backup your system.
a) Your data
b) Your configurations
c) optional: all which is not a) or b)
Carefully read
geli(8) as you have to make some decisions i.e. algorithm, key length and so on. There you can also read about preparing the device.eli with
dd if/dev/random of=<your device.eli>
. This "converts" all physical data to nirwana, which is not the conversion you initially thought of, but pretty cleansed.
Once you have a running system on top of Geli you can restore from your backups.