Bitcoin · Ethereum · New York · The Block
Schwab Crypto is set to charge a 75-basis-point fee per trade
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
◎ Multiple-sources
The crypto trading service is available in all U.S. states except for New York and Louisiana, according to the platform's FAQ page.
Key facts
- At the end of March 2026, Charles Schwab reported $11.77 trillion in client assets with 39.1 million active brokerage accounts, according to its quarterly report
- In the first quarter of this year, the company posted an adjusted net income of $2.6 billion and earnings per share of $1.43, up 38% year-on-year
- Schwab Crypto is set to charge a 75-basis-point fee per trade
- Brokerage and banking firm Charles Schwab has officially rolled out its cryptocurrency trading platform, "Schwab Crypto," to a select group of retail clients
Summary
Brokerage and banking firm Charles Schwab has officially rolled out its cryptocurrency trading platform, "Schwab Crypto," to a select group of retail clients. In a Tuesday post on X, the firm said the first wave of eligible retail investors can now trade bitcoin (BTC) and ether (ETH) directly on the platform alongside other crypto-related investment products. The rollout follows Charles Schwab's announcement last month that it would introduce the crypto trading platform in phases. According to an April statement, Schwab clients will maintain a separate crypto account through Schwab Crypto. Schwab Crypto is set to charge a 75-basis-point fee per trade.