Charles Schwab Broadens Crypto Trading Beyond Bitcoin and Ethereum
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Financial services giant Charles Schwab said Thursday that it plans to add Solana, Avalanche, and Chainlink to its crypto trading platform “in the coming months,” expanding beyond Bitcoin and Ethereum, though it did not give a launch date.
Key facts
In 2024, the company said it would enter the market once U.S. regulations offered a clearer path
Financial services giant Charles Schwab said Thursday that it plans to add Solana, Avalanche, and Chainlink to its crypto trading platform “in the coming months,” expanding beyond Bitcoin
The additions come about three months after Schwab began rolling out direct Bitcoin and Ethereum trading to select retail clients
With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” Joe Vietri, Schwab’s head
Summary
Schwab plans to add Solana, Avalanche, and Chainlink trading “in the coming months.” Eligible clients pay a 0.75% fee on each crypto trade. The additions come about three months after Schwab began rolling out direct Bitcoin and Ethereum trading to select retail clients. “With this expansion, clients will have more choices to build a digital asset allocation alongside the investing and banking experience they know and trust at Schwab,” Joe Vietri, Schwab’s head of digital assets, said in a statement.