As of 2024, some of the most popular cryptocurrency exchanges for trading Bitcoin include Kraken and Coinbase.
Kraken is renowned for its low fees, professional-grade trading platform, and support for over 200 cryptocurrencies. It offers advanced trading features like margin and futures trading, making it a top choice for experienced traders. However, it has limited account funding options and is not available in all U.S. states.
Coinbase is highly recommended for beginners due to its user-friendly interface, strong security measures, and extensive range of supported cryptocurrencies. It also provides advanced trading options and various storage solutions, such as custodial and non-custodial wallets. Despite these advantages, Coinbase's customer service is often criticized, and users have no control over private keys if they use the default custodial wallet.
Both exchanges are considered highly liquid and reliable, making them dominant players in the cryptocurrency trading landscape in 2024.